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Monero is the most popular privacy coin. Monero is built on public distributed ledger blockchain technology. XMR is the symbol for Monero coins. Monero offers users to send and receive funds in complete anonymity as the biggest privacy coin. Transactions can not be traced because of the stealth address method Monero uses. Monero is banned in some countries, including Japan and South Korea.
With a total market cap of over $2.62 billion, Monero is the No. 24 cryptocurrency by market size. The currency symbol for Monero is XMR and it was launched in April 2014. Monero uses the RandomX hashing algorithm and it has a blocktime of 2 minutes. There will only ever be 210 billion Monero tokens issued. So far 18.1 million tokens (0% of the total supply) have been issued.
The technical price analysis for Monero below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Monero.
Currently 90% of users are positive about Monero.
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China Center for Information Industry Development |
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