Monero Price (XMR)
Price Chart
Sharp drop today — sellers dominate short-term. Could be a buying opportunity or the start of a deeper correction.
Negative week — price has drifted lower. Watch if this becomes a multi-week pattern.
Price is trading near its lowest point of the day — bears have pushed it down. A bounce from this level is possible, but a close here is bearish.
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About Monero
The leading privacy-focused cryptocurrency with untraceable transactions by default.
Monero (XMR) is a privacy-focused cryptocurrency launched in 2014 from a fork of Bytecoin. Unlike Bitcoin where all transactions are visible on the public blockchain, Monero uses ring signatures, stealth addresses, and RingCT (Ring Confidential Transactions) to make sender, receiver, and amount completely private by default. Monero uses a CPU-friendly proof-of-work algorithm (RandomX) to resist ASIC mining centralization.
Monero is used by individuals and organizations who require financial privacy — journalists, political dissidents, and people living under authoritarian regimes, as well as privacy-conscious individuals. Because of its strong privacy guarantees, several major exchanges have delisted it in compliance-heavy jurisdictions. XMR cannot be easily tracked or blocked, making it the dominant privacy coin by market cap.
Key facts
| Category | Privacy / Currency |
| Launched | 2014 |
| Consensus | Proof of Work (RandomX — CPU-mineable) |
| Supply | Main emission is capped near 18.4 million XMR; a small tail emission of 0.6 XMR per block continues indefinitely to fund miners. |
| Founder | Anonymous ("thankful_for_today" started the fork; community-led since) |
| Official site | https://getmonero.org |