Monero (CURRENCY:XMR) traded 7% lower against the U.S. dollar during the 1-day period ending at 8:00 AM ET on January 21st. Monero has a market cap of $5.73 billion and approximately $157.50 million worth of Monero was traded on exchanges in the last day. One Monero coin can now be bought for approximately $366.75 or 0.03016040 BTC on exchanges including Bisq, Exmo, BTC-Alpha and Tux Exchange. Over the last week, Monero has traded 8.7% lower against the U.S. dollar.
Here is how other cryptocurrencies have performed over the last day:
- Bytecoin (BCN) traded 4.6% lower against the dollar and now trades at $0.0074 or 0.00000061 BTC.
- DigitalNote (XDN) traded 11% lower against the dollar and now trades at $0.0362 or 0.00000299 BTC.
- Aeon (AEON) traded 14.1% lower against the dollar and now trades at $4.91 or 0.00040552 BTC.
- Sumokoin (SUMO) traded 0.4% higher against the dollar and now trades at $7.69 or 0.00063446 BTC.
- Boolberry (BBR) traded 7.3% lower against the dollar and now trades at $1.94 or 0.00016005 BTC.
- IntenseCoin (ITNS) traded down 7.8% against the dollar and now trades at $0.0413 or 0.00000342 BTC.
- Karbo (KRB) traded 0.5% lower against the dollar and now trades at $1.31 or 0.00010825 BTC.
- LeviarCoin (XLC) traded flat against the dollar and now trades at $0.48 or 0.00004133 BTC.
Monero Coin Profile
According to CryptoCompare, “Monero (XMR) is a cryptonight algorithm based alternative crypto currency. The coin is based on Proof of Work and has a block reward that varies smoothly. The difficulty retargets every block with a sixty second block target. Monero uses a Ring Signature system to protect your privacy, allowing users to make untraceable transactions. “
Monero Coin Trading
Monero can be bought or sold on the following cryptocurrency exchanges: Bitfinex, Cryptopia, Binance, Abucoins, Exmo, OKEx, Braziliex, Kraken, Bisq, BTC-Alpha, Qryptos, Livecoin, Mercatox, Upbit, Poloniex, Exrates, Tux Exchange, Cryptox, Cryptomate, HitBTC, LiteBit.eu, Gate.io, Bithumb, SouthXchange, Coinroom and Bittrex. It is not possible to buy Monero directly using U.S. dollars. Investors seeking to acquire Monero must first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Monero using one of the aforementioned exchanges.
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