XMR MoneroXMR
Truster Points: 738.9
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Monero (XMR) Rank

#4
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Monero (XMR) Price

$148
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Latests Monero News

Reliably unreliable: Solana price dives after latest network outage

The Solana network is not having a good year, having suffered full or partial outages at least seven separate times over the past 12 months. Read More

4 months ago XMR

Endless Battlefield team sets a new milestone

Endless Battlefield team announces a new milestone. Read More

4 months ago XMR

Shiba Inu founder deletes social media posts, steps down from community

Pseudonymous Shiba Inu (SHIB) founder Ryoshi has walked away from the community after deleting all of their Tweets and blog posts this week. Read More

4 months ago XMR

Bitcoin Lightning Network capacity crosses 3900 BTC marking a new ATH

The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity. Read More

4 months ago XMR

Esports Powerhouse, Galaxy Racer Invests US$25 Million in Revolutionary Cryptocurrency Ecosystem, QUINT

The announcement marks the first time an esports organisation invests significantly into a cryptocurrency ecosystem Read More

4 months ago XMR
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Monero investors, pay attention to this to avoid losses

Monero bulls are now facing strong resistance at the 0.382 Fibonacci level after delivering a riveting performance since mid-June. Its performance in the last seven days underscores a battle for dominance between Monero bulls and bears. Monero managed to rally by as much as 76% from the bottom of its latest bear run in June. […]

AMBCrypto - a month ago XMR XMR

Monero gets Binance backing, but should XMR traders go long

Monero [XMR] performed impressively over the last 24 hours with a 6.28% uptick. On the previous day (10 August), the XMR price was $159 as per CoinMarketCap. At press time, it was trading at $168.16, drawing attention and possibly on its way to another solid performance like it did in July. Before now, Monero had […]

AMBCrypto - 2 months ago XMR XMR

All about Monero’s [XMR] ‘under the radar’ July performance and what’s next

Monero [XMR] was among the few crypto-assets to take full advantage of the bullish retracement in July. Seeing its price hike from $118 to $154, July saw the altcoin record a 30% uptick. According to data from Santiment, while the rest of the cryptocurrency market suffered at the hands of the bears in June, XMR […]

AMBCrypto - 2 months ago XMR XMR

Impending Closure Of Monero Largest Mining Pool Sparks Decentralization Debate

Monero is the most popular privacy token in the space, and investors have flocked to it due to the anonymity it provides. Its community is widespread with a lot of miners, but one mining pool has dominated the hashrate of the privacy coin in the past. Minexmr, which is the largest mining pool, has, however, […]

Bitcoinist - 2 months ago XMR XMR

Monero’s MINEXMR fuels new debate with its latest transition proposal

What really makes a successful revolution? Passions aroused could fuel disruptions and likewise, help their overall agenda. Well, for the cryptocurrency community, the agenda is decentralisation, thereby employing P2P (peer-to-peer) technology. However, one such cryptocurrency known for its privacy-oriented features saw its supporters revolt for a cause. Whatever it takes Monero is currently the m

AMBCrypto - 2 months ago XMR XMR

Monero is riding against tide- investors should watch these levels

If there has been one cryptocurrency that has taken the market by surprise over the last 24 hours, it’s Monero [XMR]. In a market where top coins, including Bitcoin [BTC] and Ethereum [ETH], have dropped in price, XMR has increased. At press time, the private cryptocurrency had gone up 7.84% as per CoinMarketCap. However, the […]

AMBCrypto - 2 months ago XMR XMR

For Monero bulls this zone remains a critical resistance level to overcome

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Bitcoin has formed a range between $22.8k and $18.8k over the past month, with $21.8k also serving as a crucial resistance level. Monero has been able to grind its way higher over […]

AMBCrypto - 3 months ago XMR XMR

Is the $142-level too much to expect from Monero [XMR] before the next retracement

Monero [XMR] bulls are back but the ghost of the 2022 bear market is still lurking in the background. The current upside might thus, be a temporary bullish relief, in which case a retracement might be on the way. XMR traded at $122 at press time, which means it is up by roughly 31% from […]

AMBCrypto - 3 months ago XMR XMR

Monero’s [XMR] 90-day performance evaluation has these tips for its traders

Currently ranked as a leading privacy crypto coin, Monero’s XMR has been in a fierce battle with the bears in the last 90 days. At a 77% decline from its all-time high of $517.62, the ongoing bullish correction in the cryptocurrency market has had little to no impact on the performance of the XMR coin. […]

AMBCrypto - 3 months ago XMR XMR

Global Analysis for XMR
Parameter Value Tier Status
Project Maturity 8 years Tier 1
Established Project
Transaction Volume Level $75,299,645 - 7D avg transacted Tier 2
Medium Volume
Cryptocurrencies Sites Listings
  • Coinmarket Cap
  • Coingecko
  • CoinPaprika
Tier 1
Normal Exposure
Exchanges Listings
  • KuCoin
  • Huobi Global
  • Gate.io
  • Bitfinex
  • Poloniex
  • ZB
  • BigONE
  • XT.COM
  • OKX
  • BKEX
  • Bitrue
  • Txbit
  • Mercatox
  • Unnamed
  • AltcoinTrader
  • Freiexchange
  • Tokenomy
  • Graviex
  • CREX24
  • LATOKEN
  • WazirX
  • FinexBox
  • Bisq
  • NovaDAX
  • 4swap
  • Siennaswap
  • BTCSquare
  • Satang Pro
  • ZBG
  • BitHash
  • BiONE
  • LocalTrade
  • Nominex
  • Biconomy
  • BuyUcoin
  • SouthXchange
  • Indodax
  • BitGlobal
  • NiceHash
  • BitBNS
  • TradeOgre
  • CoinEx
  • Bibox
  • Hoo.com
  • BTSE
Tier 1
High Exposure
Social Channels 481,600 users is Social Channels Tier 2
Popular
Team Doxxed Level -- -- Review Incoming
Team Roadmap Compliance -- -- Review Incoming
Tokenomics Level
-- -- Review Incoming
Smart Contract Analysis -- -- Review Incoming
Project Overview for XMR
Project Description What is Monero?
Monero (XMR) is the top privacy-centric cryptocurrency based on the CryptoNote protocol, a secure, private and untraceable currency system. Monero uses a special kind of cryptography to ensure that all of its transactions are remain 100% unlinkable and untraceable. In an increasingly transparent world, you can see why something like Monero can become so desirable.

Origins of Monero
In July of 2012, Bytecoin, the first real life implementation of CryptoNote, was launched. While Bytecoin had promise, people noticed that 80% of the coins were already published. So, it was decided that the bytecoin blockchain will be forked and the new coins in the new chain will be called Bitmonero, which is was then renamed Monero, meaning “coin” in Esperanto language. In this new blockchain, a block will be mined and added every two minutes.

Why Monero?

#1: Unlinkability - Your identity is completely private

You have complete control over your transactions. You are responsible for your money. Because your identity is private no one will be able to see what you are spending your money on. When you send funds to someone’s public address, what happens is that you actually send the funds to a randomly created brand new one-time destination address.

This means that the public record does not contain any mention that funds were received to the recipient’s public address. In Monero, your public address will never appear in the public record of transactions. Instead, a 'stealth address' is recorded in a way that only you, the recipient, can recognize the incoming funds.

#2: Fungibility

Fungibility is interchangeability between one asset and another asset of the same type.

Suppose you borrowed $50 from your friend, you can even return the money in the form of 1 $50 bill or 5 $10 bill, It is still fine. This shows that the dollar has fungible properties. However, if you were to borrow someone’s car for the weekend and come back and give them some other car in return, then that person will probably punch on the face. Cars, in this example, are a nonfungible asset.

What is CryptoNote?
CryptoNote is the application layer protocol that fuels various decentralized currencies. While it is similar to the application layer which runs bitcoin in many aspects, there a lot of areas where the two differ from each other. CryptoNote features an entirely new code base and is not a fork of Bitcoin. More info about CryptoNote can be found at their website.

CryptoNote uses Ring Signatures to conceal sender identities via mixing and it also has unlinkable transactions that is achieved using 1-time keys for each individual payments. Ring signatures enable ‘transaction mixing’ to occur. Transaction mixing means that when funds are sent, the sender randomly chooses several other users’ funds to also appear in the transaction as a possible source of the funds being sent.

The cryptographical nature of the ring signature means that no one can tell which of the funds were really the source of the transaction – not even the person that gave the funds to the sender in the first place. A system of ‘key images’ associated with each ring signature ensures that although no one can tell the true source of the funds, it can be easily detected if the sender attempts to anonymously send their funds twice.
Monero Contracts
SCRT SCRT
secret19ungtd2c7srftqdwgq0dspwvrw63dhu79qxv88
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Holders Count
Monero Categories
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Current Monero Price $148
XMR Status in the last 24 hours