Monero is a privacy-focused cryptocurrency using innovative technologies like Ring Signatures and Stealth Addresses for anonymous transactions.
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Monero is a privacy-focused, open-source cryptocurrency launched in 2014. Originating from a small online tech community, it has grown significantly over time, gaining credibility and market share. One of Monero's main features is that users can send and receive transactions without public data on the blockchain. Essentially, XMR acts as a tool to hide user data, making transactions more difficult to trace. Monero employs innovative technologies to achieve this privacy. For example, it uses Ring Signatures to mix the digital signatures of senders with others before recording on the blockchain, making it appear as if any signer could have sent the transaction. Over time, the number of signatures involved in mixing has increased, with a current standard of 11 signatures per transaction. Anot...
As of now, Monero is trading at 341.35 USD, with a 24-hour trading volume of approximately 49.93M USD. The XMR to USD price is updated in real time. Over the past 24 hours, Monero has decreased by 1.9%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 6.30B USD. Currently, there are 18 446 744.07371 XMR in circulation out of a maximum supply of 18 446 744.07371 XMR.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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