Monero
24h
7d
30d
Monero
24h
7d
30d
Market Cap and Supply
Market Cap
$2,882,410,107
2.19%
Fully Diluted Market Cap
$2,682,393,263
2.19%
Circulating Supply
18,337,389
Supply Availability
N/A
Trading Statistics24h
Volume
$34,421,663
475.44%
Open
$144.93
Low
$153.95
High
$174.2
Close
$146.24
Liquidity
Bids vs Asks (1% depth)
N/A
N/A
All Times
All time high
$542.33
All time low
$0.21618
ATH
Current Price
$159.4133
ATL
27.00%
Social24h
Lists
4,251
Followers
482,093
Statuses
5,694
Likes
27,110
Talks
24
Post Daily
10.33
Comments
230
Subscribers
279,102
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
13
No. of Pairs
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.