XM

Monero

XMR
PrivacyRank #42Monero

$202.22

-4.93%24h
+3.51%7d

Market Cap

$22.55B

Volume 24h

$687.68M

Vol / Market Cap

3.05%

Rank

#42

XMR Price Chart

About Monero

Monero is a privacy-focused cryptocurrency that enables anonymous and untraceable transactions.

Monero is a privacy-focused cryptocurrency that enables confidential transactions by hiding sender, receiver and transaction amounts.

How It Works

The leading privacy-centric cryptocurrency. It uses "Ring Signatures," "Stealth Addresses," and "RingCT" to hide the sender, receiver, and transaction amount, making every payment completely untraceable and private by default.

Use Cases

Confidential Transactions: Used as a private currency for users who require total anonymity, as it hides the sender, receiver, and amount for every single transaction.

Tokenomics

Privacy-First Cash: Uses a Proof of Work model focused on ASIC-resistance (CPU mining). Used for completely anonymous payments where the sender, receiver, and amount are hidden by default from the public ledger.

Risks & Considerations

Persistent delisting threats from centralized exchanges; restricted use cases due to absolute privacy features.

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