Monero Price, News and Analysis (XMR)

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Monero logo
$39.12
-0.68 (-1.74%)
(As of 12/15/2018 03:18 PM ET)
1-Hour Price Change +1.21%
1-Day Price Change -1.74%
7-Day Price Change -13.61%
1-Day Volume$12.27 million
Market Cap$651.32 million
BTC Price0.01215195 BTC
Circulating Supply16.65 million
Total Supply16.65 million
Maximum SupplyN/A

About Monero (XMR)

Currency Details

Name Monero
SymbolXMR
Market Capitalization$651.32 million
Coin or TokenCoin
AlgorithmCryptoNight
Proof TypePoW
Genesis Date6/2/2014
Mineable?No
Number of Exchanges45

Official Links

Official Websitemonero.cc
Official Website (Alt)N/A
BitcoinTalk AnnouncementView
Twitter Account@monerocurrency
Facebook PageView
Github AccountView

Buy/Trade Monero

Community Discussion

Reddit Communityr/monero
Telegram GroupView
Discord GroupN/A
Message Boardforum.getmonero.org
Message Board (Alt)N/A

Research Tools

Blockchain Explorermoneroblocks.info
Blockchain Explorer (Alt)chainradar.com
CoinMarketCapView
CryptoCompareView
CoinGeckoView

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Monero (XMR) Frequently Asked Questions

What is Monero?

Ring Signature The Basics In cryptography, a ring signature is a type of digital signature that can be performed by any member of a group of users that each have keys. Therefore, a message signed with a ring signature is endorsed by someone in a particular group of people. One of the security properties of a ring signature is that it should be computationally infeasible to determine which of the group members' keys was used to produce the signature. For instance, a ring signature could be used to provide an anonymous signature from \"a high-ranking White House official\", without revealing which official signed the message. Ring signatures are right for this application because the anonymity of a ring signature cannot be revoked, and because the group for a ring signature can be improvised (requires no prior setup).   Application to Monero A ring signature makes use of your account keys and a number of public keys (also known as outputs) pulled from the blockchain using a triangular distribution method. Over the course of time, past outputs could be used multiple times to form possible signer participants. In a \"ring\" of possible signers, all ring members are equal and valid. There is no way an outside observer can tell which of the possible signers in a signature group belongs to your account. So, ring signatures ensure that transaction outputs are untraceable. Moreover, there are no fungibility issues with Monero given that every transaction output has plausible deniability (e.g. the network can not tell which outputs are spent or unspent). To read how Monero gives you privacy by default (unlinkability), see stealth addresses. (Description provided by CryptoCompare)

What exchanges can I buy or trade Monero on?

How do I buy Monero?

It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Monero.

Where can I get Monero wallet?

Monero produces its own wallet software that is available for download on its website, which allows you to store Monero on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Monero?

One Monero (XMR) is currently worth $39.12 on major cryptocurrency exchanges. You can also exchange one Monero for 0.01215195 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Monero in U.S. dollars is $651.32 million.

What hashing algorithm does Monero use?

Monero is a proof of work (PoW) coin that uses the CryptoNight algorithm.

How do I mine Monero?

Monero can be mined using specialized mining software. XMR Stak is a commonly-used mining tool that works for CPU mining and GPU mining with both Nvidia and AMD graphics cards. CCMiner is another popular mining tool for computers with NVIDIA graphics cards. In addition to having mining software, you will need a Monero and access to a mining pool that pools your effort with other miners and a wallet to store the Monero that you earn from mining. Most cryptocurrencies have multiple publicly-available mining pools that can be found with a simple Google search.

What coins are similar to Monero?

The following coins use Monero's CryptoNight algorithm and proof of work (PoW) proof-type: Bytecoin, DigitalNote, Boolberry, BitNewChain, Aeon, BitTube, Stellite, UltraNote Coin, Karbo, Sumokoin, Digital Insurance Token, Leviar, PluraCoin, BitCoal and Monero Classic.

What is the Reddit page for Monero?

The official Reddit community (subreddit) for Monero is r/monero.


MarketBeat Community Rating for Monero (XMR)

Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  70 (Vote Outperform)
Underperform Votes:  206 (Vote Underperform)
Total Votes:  276
MarketBeat's community ratings are surveys of what our community members think about Monero and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.

Chart

Monero (XMR) Price Chart for Saturday, December, 15, 2018

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Google Trends

Monero (XMR) Search Trends

There is a correlation between price appreciation and public interest in cryptocurrencies, such as Monero. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Monero Coin" over the last 90 days.



Monero (XMR) Social Media Trends

Headlines

Monero (XMR) News Headlines

DateHeadline
Activists Mining Monero For Detained Migrants Bail FundActivists Mining Monero For Detained Migrants Bail Fund
www.ethnews.com - December 14 at 12:06 AM
Monero Claims to Be the Sleeping Giant of Cryptocurrency, Here Is WhyMonero Claims to Be the Sleeping Giant of Cryptocurrency, Here Is Why
blokt.com - December 12 at 11:09 AM
Monero [XMR]: Is a Bounce in Store or Are We Heading for the Bottom?Monero [XMR]: Is a Bounce in Store or Are We Heading for the Bottom?
blokt.com - December 11 at 2:06 PM
Monero (XMR) Long Term Price Analysis – December 11Monero (XMR) Long Term Price Analysis – December 11
www.cryptoglobe.com - December 11 at 10:05 AM
Crypto Market Update: Tether Climbs The Table Amid Shrinking Market CapsCrypto Market Update: Tether Climbs The Table Amid Shrinking Market Caps
www.newsbtc.com - December 11 at 8:09 AM
Crypto Market Update: Monero (XMR), Bitcoin SV, Tron (TRX), ADA Price AnalysisCrypto Market Update: Monero (XMR), Bitcoin SV, Tron (TRX), ADA Price Analysis
www.newsbtc.com - December 11 at 6:06 AM
Cryptojacking Malware KingMiner Evades Detection to Mine MoneroCryptojacking Malware KingMiner Evades Detection to Mine Monero
www.ccn.com - December 10 at 8:07 AM
3 Possible Monero Price Predictions for Q4 20183 Possible Monero Price Predictions for Q4 2018
nulltx.com - October 4 at 9:01 PM
Monero Mining Malware Affects Third-party Kodi AddonsMonero Mining Malware Affects Third-party Kodi Addons
nulltx.com - September 27 at 12:07 AM
Study Reveals Growing Sophistication in Malicious Mining of CryptocurrencyStudy Reveals Growing Sophistication in Malicious Mining of Cryptocurrency
bitcoinmagazine.com - September 25 at 1:06 AM
A Market In Recovery – Ethereum, Monero and Tezos Lead As Most Cryptos Reverse Downward TrendA Market In Recovery – Ethereum, Monero and Tezos Lead As Most Cryptos Reverse Downward Trend
nulltx.com - September 17 at 4:07 AM
Monero Price: Dip to $130 is in Full EffectMonero Price: Dip to $130 is in Full Effect
nulltx.com - July 30 at 1:07 PM
Japan: 16 Arrested in Monero Cryptojacking Case, Local Media ReportJapan: 16 Arrested in Monero Cryptojacking Case, Local Media Report
cointelegraph.com - June 17 at 11:12 AM
Five Percent of All Monero Mined by Hackers, Research FindsFive Percent of All Monero Mined by Hackers, Research Finds
cryptovest.com - June 13 at 6:25 AM
Monero’s CryptoKitty: A Malware Delivery ServerMonero’s CryptoKitty: A Malware Delivery Server
cryptovest.com - May 24 at 5:33 PM
Monex Owned Coincheck Confirms Delisting of Privacy CoinsMonex Owned Coincheck Confirms Delisting of Privacy Coins
bitcoinist.com - May 20 at 10:33 PM
Hacked Crypto Exchange Coincheck Confirms Removal of Four Anonymity-Focused AltcoinsHacked Crypto Exchange Coincheck Confirms Removal of Four Anonymity-Focused Altcoins
cointelegraph.com - May 20 at 8:48 AM
New ‘Snobbish’ Cryptojacking Malware Infected 500k Users in 3 Days, Report SaysNew ‘Snobbish’ Cryptojacking Malware Infected 500k Users in 3 Days, Report Says
cointelegraph.com - May 18 at 9:13 AM
 Bitcoin Magazine’s Week in Review: Markets, Miners and Conferences Bitcoin Magazine’s Week in Review: Markets, Miners and Conferences
bitcoinmagazine.com - May 12 at 12:13 PM
HiddenMiner: Mines Monero on Android Devices While Protecting Itself From Discovery and RemovalHiddenMiner: Mines Monero on Android Devices While Protecting Itself From Discovery and Removal
www.newsbtc.com - March 29 at 9:49 PM
Cryptojacking Campaign Uses Five-Year-Old Vulnerability to Rake in MoneroCryptojacking Campaign Uses Five-Year-Old Vulnerability to Rake in Monero
www.ccn.com - March 27 at 6:30 AM
The Ethics Of Cryptojacking: Rampant Malware Or Ad-Free Internet?The Ethics Of Cryptojacking: Rampant Malware Or Ad-Free Internet?
cointelegraph.com - March 16 at 9:49 PM
Cryptomining Malware Fuels Most Remote Code Execution Attacks: StudyCryptomining Malware Fuels Most Remote Code Execution Attacks: Study
bitcoinmagazine.com - February 27 at 2:22 PM

Social Media Mentions

Monero (XMR) Reddit Feed


Discussion

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    This page was last updated on 12/15/2018 by MarketBeat.com Staff

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