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Monero [XMR] tries hard to retake the 12th position

Rajath Kumar

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Monero [XMR] tries hard to retake the 12th position
Source: Flickr

Monero [XMR] is one of the many cryptocurrencies which has been on a decline since the start of the month of May. The coin dropped down to 13th position and has had a bearish week.

XMR is currently ranked at the 13th position in the crypto-rankings. It is priced at $202.04 as of 17th May, with a market cap of $3.24 billion. It has a supply of 16.04 million and an overall volume of $41.22 million. It has had a growth rate of 1.80  over the past day.

XMR 7 days chart

XMR 7 days chart

XMR had an uphill struggle against Dash last week, which ended up in Dash taking the 12th spot in the crypto-rankings. The coin has declined by 12%  in the past 7 days. Even with the addition of the new XMRwallet, the coin has failed to show its potential.

The developers tried to enhance the coin by improving its security features. The coin outperforms most of the coins in terms of privacy features. Monero has features which make the users’ status fully private. It hides the address of the user and makes it impossible to trace the transactions. Monero is therefore known as the most private coin and is really popular in Asian countries like Japan and South Korea.

The developing team at Monero has constant updates to the coin. The other positive sign for the coin is that it can still get back to the 12th spot of the crypto-rankings as its market cap is only 0.8 billion behind Dash.



Joey, a Twitter user says:

“It’s been a rough month for cryptocurrencies when the prices will rise again Monero will retain its position and even reach the top 10 of the cryptocurrencies.”

Jermy, another Twitter user says:

“Fluctuations and prices decreases are common in all markets, once the market returns to normal the coins will return to its normal places except for a few exceptions, its the same thing for the cryptomarket as May happens to be the month where prices are declining, so investors need not freak out.”





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Rajath Kumar is an intern at AMBCrypto. He became aware of the crypto-world through gaming and has been a part of it for two years now. Rajath does not hold any value in any cryptocurrencies or its projects.

Bitcoin Cash

Bitcoin Cash [BCH] rolls out iOS version of Bitcoin Cash Register

Rishi Raj

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Source: Pixabay

Bitcoin Cash [BCH] recently made headlines when the CEO of Bitcoin.com, Roger Ver got involved in a bet of $10,000 with Tone Vays, a popular Bitcoin maximalist which the former lost. After launching a free point-of-scale solution, Bitcoin Cash Register for Android operating systems, Bitcoin.com and its developers have rolled out an iOS version of the same.

Bitcoin Cash register allows anyone with an Android or iOS device to accept BCH payments. This came as a part of the company’s agenda to promote the adoption of crypto in the mainstream. With the installment Bitcoin Cash Register, it would be easier for retailers to accept BCH as payment from customers.



As reported by Bitcoin.com, Bitcoin Cash Register claims to be easy to use without any prior account registration and the transactions are carried out in a non-custodial manner. This was confirmed by Bitcoin.com via a tweet:

The bet between Roger Ver and Tone Vays regarding the low transaction fee had left the social media divided, with proponents on both sides arguing about the authenticity of the bet and factors taken into consideration while betting.





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