Spot

Market Cap and Supply

Market Cap

$2,410,837,575

down arrow

−13.17%

Fully Diluted Market Cap

$2,410,837,575

down arrow

−13.17%

Circulating Supply

18,081,363

Supply Availability

N/A

Trading Statistics24h

Volume

$55,048,315

up arrow

55.96%

Open

$156.21

Low

$127.99

High

$157.38

Close

$133.86

Liquidity

Bids vs Asks (1% depth)

$2,701,364.2

$2,349,583.6

All Times

All time high

$542.33

All time low

$0.21618

ATH

Current Price

$133.3327

ATL

24.81%

Social24h

Twitter

Lists

4,250

Followers

482,073

Statuses

5,685

Facebook

Likes

27,110

Talks

24

Reddit

Post Daily

13.9

Comments

630

Subscribers

277,967

Development24h

Github

Stars

6,178

Subscribers

495

Github Issues

Closed

2,053

Open Total

433

Closed Pull Req.

5,107

General Information

Consensus

PoW

Algorithm

CryptoNight-V7

Sector

Currency, Privacy Coins

No. of Exchanges

12

No. of Pairs

37

About Monero

What Is Monero?

Launched in 2014, Monero, whose native currency is the XMR token, is a decentralized cryptocurrency that prioritizes anonymity. Unlike Bitcoin (which has serial numbers), XMR obscures details about senders, recipients, and the amount of crypto being transferred, using a mechanism of ring signatures. Via ring signatures, past transaction outputs are picked from the blockchain to serve as decoys, obfuscating the identities of the entities that signed the transactions. Moreover, stealth addresses ensure that transactions cannot be linked to one another. These features have positioned XMR as a leading currency in darknet markets and made Monero a target for federal regulation. Governments around the world, especially the U.S., have also offered hundreds of thousands of dollars to anyone who can crack Monero’s code.The network uses a consensus mechanism called CryptoNight, a proof-of-work (PoW) mechanism that thwarts the proliferation of large mining farms, allowing mining of XMR on everyday computer equipment and thereby fostering greater decentralization. In contrast to most cryptocurrencies, Monero did not hold an initial coin offering (ICO). A total of 18.4 million XMR is expected to be in circulation by May, 2022 at which point miners will be incentivized using “tail emissions,” whereby a small amount of XMR is fed into the system every 60 seconds as a reward. Seven developers were initially involved in creating Monero — five of whom decided to remain anonymous. XMR was the result of a fork from Bytecoin (BCN), but it is likely that hundreds of developers have contributed to XMR since then. The average block time for Monero is 30 minutes. See below for a full selection of markets where you can trade XMR for other cryptocurrencies, US dollars, and other fiat currencies.