$0.070
-5.26%
$0.069
24h Range
$0.076
Market Cap
$16,312,641.0
Fully Diluted Valuation
$69,527,000.0
24 Hour Trading Vol
$3,489,374.0
Circulating Supply
236,845,823.6
Total Supply
1,000,000,000.0
Max Supply
1,000,000,000.0
MON Price
$0.070
24h Range
$0.069 - $0.076
Percent Change 1h
-0.06%
Percent Change 24h
-5.26%
Percent Change 7d
-24.76%
All-time high
$0.686
All-time low
$0.066
1D
7D
1M
1Y
All
MON (Monero) is a privacy-focused cryptocurrency that aims to provide secure, private, and untraceable transactions. Launched in April 2014, MON utilizes advanced cryptographic techniques to ensure that sender, receiver, and transaction amount details remain confidential. Unlike Bitcoin, where transaction details are publicly accessible, Monero's design allows for complete anonymity, making it a preferred choice for users prioritizing privacy. As of early 2024, Monero continues to be one of the top cryptocurrencies by market capitalization, often ranking within the top 30 on major exchanges.
Monero was initially launched by a group of seven developers under the pseudonym "thankful_for_today." One of the primary figures associated with its development is Riccardo Spagni, also known as "Fluffypony." Though the project is decentralized and has no official leadership, Spagni has been a prominent spokesperson and advocate for Monero. Over the years, the Monero community has grown, with contributions from developers and researchers across the globe, following an open-source model.
Monero operates on a decentralized blockchain, utilizing a proof-of-work consensus mechanism similar to Bitcoin but with significant differences to enhance privacy. Key technologies that enable Monero's functionality include:
These features collectively ensure that Monero transactions are private and untraceable, attracting users who desire anonymity in their financial dealings.
Monero has several prominent use cases, primarily driven by its focus on privacy:
Ensuring the safety of your Monero holdings involves several best practices:
By following these practices, users can significantly reduce the risks associated with holding and transacting in Monero.
Investing in MON (MON) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy MON: Once your account is funded, you can purchase MON directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in MON using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
MON (MON) is currently trading at $0.070 and exhibits good potential for future growth. Check the latest MON (MON) price prediction.
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