Monero (XMR) current price is $49.97 with a marketcap of $839.70 M. Its price is -0.48% down in last 24 hours.
- Monero (XMR)
- Live Price $49.97
- Market Cap $839.70 M
- Volume $176.61 M
- Available Supply 16.81 M XMR
- Rank 14
More Info About Coin
Monero was originally created in 2014 by Nicolas van Saberhagen.
After a user on Bitcointalk forum changed the code fore Bytecoin creating a fork and naming it BitMonero.
Unlike many alt-coins Monero is based on the CryptoNote protocol, with significant algorithmic changes compared to Bitcoin's blockchain.
Monero uses a proof of work mechanism to keep the network running, which rewards miners for securing and validating transactions.
The cryptocurrency has been a part of a number of controversies such as Alt-right group members and leaders openly supporting the cryptocurrency.