Monero (XMR) Live Tokenomics, Charts, Ratings & News

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Monero / Overview

Monero XMR

secre...qxv88

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#25

$146.73 -2.30% -$3.4568

= 0.005459262545 BTC (-0.79%) | = 0.078177787938 ETH (-0.52%)

Low: $146.33 High: $149.97

24H

Market Cap $2,683,426,455
Fully Diluted Valuation -
24H Spot Volume $46,043,255
24H Volume / Market Cap 0.02
Circulating Supply 18,288,025
Total Supply -
Max Supply -
Project Start Date 2014 Apr

1H +0.26%
24H -2.30%
7D -5.29%
30D -7.06%
90D -2.68%
180D +1.43%
1 Y -21.94%
YTD -1.19%

What is Monero (XMR)

Monero is a PoW-based Bytecoin code fork (previous BitMonero) providing anonymous value transfer through ring signatures, stealth addresses, confidential transactions, and bulletproofs. Monero offers private and censorship-resistant transactions and pursues privacy, security, and untraceability. By TokenInsight Research

What is the utility of $XMR?

$XMR is used as a native currency within the Monero network. $XMR can be used for peer-to-peer payments and value storage within the Monero network. $XMR is also used to pay fees for transactions.

Due to its robust privacy features, offering anonymity by default, $XMR has found significant usage as a black or grey market currency.

$XMR tokens' block rewards and inflation rate

In a similar fashion to Bitcoin and Litecoin, Monero block rewards are decreasing over time. However, after 2022, mining block rewards will be set at 0.6 $XMR per block, maintaining a perpetual decaying inflation rate.

Monero employs a constantly decreasing block reward. When this reaches 0.6 $XMR per block in 2022 the block reward will no longer decrease, and 0.6 new $XMR will be created in every future block. This constant tail emission will have the effect of providing Monero with a small and perpetually decreasing rate of annual supply issuance to the point where issuance is negligible.

Monero $XMR Funding History

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