Monero price, charts, marketcap and other stats

Monero
XMR
$ 179.63
0.00752062 BTC
Marketcap
$ 3,265,869,849
Volume (24h)
$ 100,016,844
Circulating Supply
18,147,820 XMR
Total Supply


What is Monero?

Monero (launched 2014) is a privacy focused cryptocurrency which is based on Cryptonote technology. Privacy is built in its design by default for all the network participants. The development is currently led by Riccardo Spagni with a few other core protocol developers after splitting from the original Bitmonero project (forked from bytecoin) in 2014. 

Monero has unbounded inflation, after emission of 18.132 million monero (May 2022), a constant tail emission of 0.6 XMR every 2 minutes will ck in resulting around 1% inflation per year. A permanent inflation keeps miners incentivized, thereby securing the network.

Monero enables untraceable and unlinkable transactions. It uses Ring signatures to protect sender identity, stealth address to protect recipient identity and Ring CT (Ring confidential transaction) to protect transaction amount. This is vastly different from Bitcoin where all transactions are visible to everyone and a sophisticated blockchain analysis can potentially reveal a user's identity. Monero is currently working on Kouri to integrate I2P (The invisible internet project) to protect users IP address as well.

In April 2018, Monero made an effort (successful so far) to become ASIC resistance, in order to prevent mining centralization. Monero's privacy feature makes a true fungible coin. It also supports the concept of 'view key'. Using a 'view key' a user can share transaction details with a third party or an auditor. No one can spend coins using 'view key'.

Governments are usually not greats fans of the anonymous cryptocurrency concept. Notably, the Japanese Financial Security Agency is already trying to ban such coins, as they worry that they can be used for illegal activities. However, Monero's community is strong and supportive and most probably a real market need for a privacy respecting coin will always be there. (eg. Monero is already a primary payment method for buying branded Tor onion domains).


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* Currency in USD
Historical Price for Monero
DateOpenCloseHighLowVolume
Monero Markets
#SourcePairVolumePriceChangeUpdated
bitcoin
Bitcoin (BTC) $ 23,891.40
ethereum
Ethereum (ETH) $ 1,674.51
tether
Tether (USDT) $ 1.00
usd-coin
USD Coin (USDC) $ 1.00
bnb
BNB (BNB) $ 327.69
binance-usd
Binance USD (BUSD) $ 1.00
cardano
Cardano (ADA) $ 0.407134
solana
Solana (SOL) $ 25.33
dogecoin
Dogecoin (DOGE) $ 0.094464
polkadot
Polkadot (DOT) $ 6.55
dai
Dai (DAI) $ 1.00
shiba-inu
Shiba Inu (SHIB) $ 0.000012
matic-network
Polygon (MATIC) $ 1.24
xrp
XRP (XRP) $ 0.414401
tron
TRON (TRX) $ 0.06363
uniswap
Uniswap (UNI) $ 7.05
avalanche-2
Avalanche (AVAX) $ 22.11
litecoin
Litecoin (LTC) $ 101.02
chainlink
Chainlink (LINK) $ 7.33
axie-infinity
Axie Infinity (AXS) $ 11.43
the-sandbox
The Sandbox (SAND) $ 0.771877
pancakeswap-token
PancakeSwap (CAKE) $ 4.23
1inch
1inch (1INCH) $ 0.541128
sushi
Sushi (SUSHI) $ 1.35
link
LINK (LN) $ 43.01