Monero (XMR) Market Cap Achieves $2.80 Billion

Monero (XMR) traded 0.2% lower against the US dollar during the twenty-four hour period ending at 0:00 AM E.T. on October 13th. Monero has a market cap of $2.80 billion and $41.13 million worth of Monero was traded on exchanges in the last 24 hours. One Monero coin can now be purchased for approximately $151.61 or 0.00236588 BTC on exchanges. During the last seven days, Monero has traded 2.8% higher against the US dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded 2.2% higher against the dollar and now trades at $64,145.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1.5% higher against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Bitcoin Cash (BCH) traded 0.5% higher against the dollar and now trades at $327.78 or 0.00511486 BTC.
• UNUS SED LEO (LEO) traded 0.3% higher against the dollar and now trades at $6.10 or 0.00009523 BTC.
• Litecoin (LTC) traded 0.4% lower against the dollar and now trades at $65.36 or 0.00101989 BTC.
• Ethereum Classic (ETC) traded up 0.9% against the dollar and now trades at $18.84 or 0.00029400 BTC.
• Arweave (AR) traded 1.3% higher against the dollar and now trades at $19.49 or 0.00030421 BTC.
• Bitcoin SV (BSV) traded 1.7% higher against the dollar and now trades at $46.16 or 0.00072027 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded 1.5% higher against the dollar and now trades at $0.17 or 0.00000268 BTC.

Monero Coin Profile

XMR is a proof-of-work (PoW) coin that uses the RandomX hashing algorithm. Its launch date was April 18th, 2014. Monero’s total supply is 18,446,744 coins. Monero’s official website is www.getmonero.org. The official message board for Monero is forum.getmonero.org. The Reddit community for Monero is https://reddit.com/r/monero and the currency’s Github account can be viewed here. Monero’s official Twitter account is @monero and its Facebook page is accessible here.

According to CryptoCompare, “Monero (XMR) is a cryptocurrency . Users are able to generate XMR through the process of mining. Monero has a current supply of 18,446,744.07370955. The last known price of Monero is 151.87450949 USD and is down -0.26 over the last 24 hours. It is currently trading on 300 active market(s) with $44,947,213.58 traded over the last 24 hours. More information can be found at https://www.getmonero.org/.”

Buying and Selling Monero

It is usually not currently possible to purchase alternative cryptocurrencies such as Monero directly using U.S. dollars. Investors seeking to acquire Monero should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Monero using one of the exchanges listed above.

XMR/USD price chart by TradingView