Monero [XMR], in the past seven days, was the biggest gainer in the ‘Top 20 tokens’ category according to coinmarketcap gaining 34.32%. Monero has jumped significantly despite the hard fork news.
Ranked No. 9 in the global market with its current value at $373.35. Its blockchain technology protects privacy in three ways: Ring signatures, stealth addresses, and RingCT, enabling the sender to hide among other transaction outputs, receiving address and the amount of transaction respectively. As a result, it encapsulates an ambiguous blockchain contradicting stark sharply with Bitcoin. It is private, untraceable and decentralized.
Being one of the top 10 coins, Monero is traded on a lot of exchanges but according to the latest 24-hour trading volume, the biggest exchanges were Bitthumb, HitBTC, Bitfinex, and Binance. Monero [XMR] currently has a market capitalization of $5.8bn and a circulating supply of 15,789,60 XMR.
There were many random Monero comments out of which one of them was Gauri, a Monero follower, and a Twitter user tweeted:
“50 cents doesn’t have any bitcoins, but I will not be surprised if he had some Monero.”
Monero V, the new buzz recently released a sneak peak video about their next launch, the GUI wallet. Monero V will be created and Monero holders will get 10 XMV tokens for each XMR.
Sumo Koin, an XMR observer tweeted,
“People are buying XMR many days before the fork, which suggests that XMV airdrop will be successful with many Monero users revealing their keys compromising theirs and the rest of XMR user’s transactions for easy profit. Is it really the time for quixotic battles with ASICs?”
Joshh, a blockchain enthusiast says:
“$XMR is a solid coin and won’t drop after the fork like Zclassic”
Crypto enthusiasts have got all their hopes high on this elating currency which has seen a considerable increase of 8.43% in the past 24hrs.
Subscribe to AMBCrypto’s Newsletter
Tron [TRX]’s Justin Sun believes that dApp in Tron and BitTorrent project will trigger next bull run
Binance proves to be quick with development; trumps the week with progress
Bitwise Invest 20 constitutes of 15.37% in Tron [TRX]
XRP/USD Technical Analysis: Bear market to see no end as coin dives deeper
Despite Bitcoin [BTC]’s price slump, fundamentals grow stronger; BitMEX’s BTC trading volume surges
XRP-powered xRapid to be used by “major banks” by EOY according to Ripple CEO: A deeper look into the statement
XRP and Ripple community is manipulating Twitter for promoting Ripple, says Dogecoin creator
Bitcoin Cash SV [BSV] Technical Analysis: Cryptocurrency is all set for a slow and steady performance
Bitcoin [BTC/USD] Technical Analysis: Cryptocurrency succumbs to sideways movement as bear looms large
Bitcoin [BTC], XRP, Ethereum [ETH] begin volley of attacks against the bear: Castle of red crumbles
BREAKING: Ripple class-action lawsuit rolls ahead; plaintiffs place new demand
Bitcoin [BTC] could rally upto $333k by December 2021, after reaching $2,500 in January 2019: Bobby Lee
XRP integration into OMNI, Xpring’s role in company’s growth discussed by leader
Bitcoin Cash [BCH] ABC to be delisted from all exchanges, says Bitcoin SV [BSV]’s Calvin Ayre