2022
Total Cryptocurrencies
15,769
Markets
183,845,274,914
Total Market Cap
22,605,704,476
Volume 24H
53.3 %
Bitcoin Dominance

Monero
XMR

88.22
USD
1.00
% 1h
13.53
% 24h
18.62
% 7d
Ranking
10
Market Cap
1,495,217,203
Volume 24h
30,548,583
Available Supply
16,570,294
Max Supply
-
Algorithm
CryptoNight-V7
Proof Type
PoW
monero is a digital currency very similar to Bitcoin, but it offers a higher level of security and anonymity for users and their transactions. The monero ledger, unlike Blockchain, doesn’t record the actual stealth addresses of parties to transactions, and the one-time created address that is recorded is not linked to the actual addresses of the parties as well. All monero transactions between two parties are grouped up with some other transactions that occur among unrelated parties. monero also handles transactions by splitting the amount transferred into multiple parts and then treating each split part as a separate transaction. The popularity of monero is not growing just because of attention from black market, but also because of the large amount of people not fond of being watched by governments, hackers, and corporations