At the moment, Monero price is $422.15 and over 17903275.35 XMR is in circulation.
Monero price chart
XMR Price Change and Market Cap
As of now, Monero price is $422.15 and it changed by 4.12% in the last 24 hours. The current market capitalization of XMR is $7557902384.36 with 17903275.35 XMR in circulation and the trading volume of XMR for the day is $3254530.33. During the last 24 hours, Monero price was the highest at $424.14 and the lowest was at $405.78.
Monero Price Prediction
XMR price during the initial years of its launch grew at a steady pace and there were no dramatic fluctuations. Monero price sky-rocketed in 2017 and recorded its all-time high, $495.84, on January 7, 2018. At the beginning of 2020, Monero price was just under $50. The first two months sparked hopes for a bull run in the community when the Monero price increased almost two folds. Bears were quick to hit the market once again in March following the economic recession and COVID-19 pandemic which lead to the fall of Monero price back to where it began the year 2020, which is around $50. By the end of June, the same year, the XMR price increased gradually to $60.
Monero price predictions suggest that XMR price will be ranging between $75 to $95 by the end of 2020. Five years down the line, by 2025 Monero price would be around $250 which is a very reasonable prediction considering the historical performance of XMR. In a more distant future, we may see Monero reach new heights. Monero is a unique offering from the crypto community to the masses to safeguard their identity while transacting money.
Monero is a privacy-oriented cryptocurrency which provides anonymity to the users while transacting value. On ChangeHero you will be able to get a similar experience during the Monero exchange as you will not be required to create any accounts or go through a KYC procedure. You can exchange Monero to other cryptos and vice versa. You can choose from the Best Rate and Fixed Rate for your Monero exchange. You can be sure that your XMR exchange will be processed super fast at the best possible rates in the market.
How to exchange Monero
ENTER THE AMOUNT & PROVIDE YOUR ADDRESS
Confirm your transaction
Wait for the exchange to complete
What is Monero?
Monero is one of the first cryptocurrencies with a privacy-centric approach. Monero began with the whitepaper in 2013 by Nicolas van Saberhagen. Later, Bitcoin developers Gregory Maxwell and Andrew Poelstra joined hands in the development. Finally, Monero was launched in April 2014, it runs completely with the support of community development and is completely decentralized.
Unlike other cryptocurrencies, Monero blockchain is designed to be opaque. Monero uses ring signatures, ring confidential transactions and stealth addresses to ensure the privacy of the users. On top of all this, Monero also includes Kovri and I2P to hide internet traffic. Some of the noticeable features of Monero include fungibility which makes it impossible for companies to reject Monero due to the transaction history. Furthermore, Monero supports dynamic scalability in which there’s no pre-set block size limit. Monero trades with the ticker XMR and uses the Proof-of-Work consensus algorithm. Mining of Monero can be carried out with a personal computer and ASICs are not mandatory.