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Monero (XMR) logo

Monero (XMR) Price and Reviews

Expert Review
May 22, 2020

Monero is the most significant privacy-focused cryptocurrency on the market. It was created in 2014. The main feature of Monero is mixing of transactions in the blockchain. Third parties can't see amounts of money sent in transactions and addresses participating in operations, so all payments are untraceable. The developers are keeping it ASIC-resistant. It saves this network from centralization and gives an opportunity for GPU owners to earn something from mining Monero. 

Despite its lack of serious marketing campaign Monero has gained a strong following on different forums and social media platforms. In 2016 the price of Monero began to grow. Nowadays this currency is one of the top 15 cryptocurrencies by its market cap.

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The opinions and assessments expressed in the text are the views of the author of the article and may not represent the position of Cryptogeek. Do not forget that investing in cryptocurrencies and trading on the exchange is associated with risk. Before making decisions, be sure to do your own research on the market and the products you are interested in.
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Related news
Country: International
Launched: 2014
Market cap: $ 2,222,129,223.1756
Supply: 17,772,070.40158
Price (USD): $ 125.349
Volume 24h: $ 28,130,053.37679
Change 24h: 4.71%
Algorithm: CryptoNight-V7
Proof type: PoW
Total supply: 0.0
Total coins mined: 17,632,039.18461
Is trading: yes
Block reward: 2.554846810247
Block time: 120.0
Monero (XMR) logo

Monero (XMR) Price and Reviews