Monero (XMR) One Day Volume Reaches $41.52 Million

Monero (XMR) traded up 1.4% against the dollar during the 1-day period ending at 0:00 AM Eastern on September 27th. Monero has a market cap of $3.04 billion and $41.52 million worth of Monero was traded on exchanges in the last day. During the last seven days, Monero has traded 6.2% lower against the dollar. One Monero coin can now be purchased for about $164.83 or 0.00249477 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed during the last day:

  • Bitcoin (BTC) traded up 1.1% against the dollar and now trades at $66,080.24 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded up 6.4% against the dollar and now trades at $0.13 or 0.00000191 BTC.
  • Bitcoin Cash (BCH) traded 0.3% lower against the dollar and now trades at $358.96 or 0.00543307 BTC.
  • UNUS SED LEO (LEO) traded up 0.9% against the dollar and now trades at $5.88 or 0.00008893 BTC.
  • Litecoin (LTC) traded 3.5% higher against the dollar and now trades at $71.35 or 0.00107995 BTC.
  • Ethereum Classic (ETC) traded up 1% against the dollar and now trades at $20.82 or 0.00031518 BTC.
  • Arweave (AR) traded 0.6% higher against the dollar and now trades at $23.71 or 0.00035881 BTC.
  • Bitcoin SV (BSV) traded down 0.2% against the dollar and now trades at $53.03 or 0.00080256 BTC.
  • Conflux (CFX) traded up 3% against the dollar and now trades at $0.19 or 0.00000285 BTC.
  • NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

Monero Coin Profile

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

According to CryptoCompare, “Monero (XMR) is a decentralized cryptocurrency created in April 2014 by a group of developers led by the pseudonymous developer “thankful_for_today”. It utilizes a combination of ring signatures, ring confidential transactions and stealth addresses to protect sender and receiver privacy, and employs a proof-of-work consensus algorithm to ensure the security of the network. XMR is used as a medium of exchange between individuals and organizations, allowing for fast and secure money transfers over the internet, and can be exchanged for other cryptocurrencies and fiat currencies. It is listed on a variety of cryptocurrency exchanges and is accepted by many merchants and services.”

Monero Coin Trading

It is usually not 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 aforementioned exchanges.

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