Monero Price

Track Monero Price Today, Live XMR Price Chart & Market Cap

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Monero Price Live Data

24H Range
$?166.61
24H Range
$?172.28
52W Range
$?101.41
52W Range
$?181.26
ATH & ATL Range
$?0.212967
ATH & ATL
$?593.42
Monero Price$?170.25
Market Cap$?3.14B
Diluted Market Cap $?3.10B
24H Volume$?228.57M
Vol. / M. Cap Ratio 0.0728
Dominance 0.16%
ATH $?593.42 (-71%)
ATH Date Jan 9, 2018
ATL $?0.212967
ATL Date Jan 14, 2015
Cycle Low $?26.23
Cycle High $?514.43
Circ. Supply 18.45M (101%)
Total Supply 18.45M
Max Supply 18.20M
Supply Inflation 0.64% (Low)
Volatility 5.25% (High)
PlatformXMR
Release Date Apr 18, 2014
Fear & Greed Index 33 (Fear)
Sentiment Bullish
Show more ↓

Monero price today is $?170.25 with a 24-hour trading volume of $?228.57M, market cap of $?3.14B, and market dominance of 0.16%. The XMR price decreased -1.18% in the last 24 hours.

Monero reached its highest price on Jan 9, 2018 when it was trading at its all-time high of $?593.42, while Monero's lowest price was recorded on Jan 14, 2015 when it was trading at its all-time low of $?0.212967. The lowest price since it's ATH was $?26.23 (cycle low). The highest XMR price since the last cycle low was $?514.43 (cycle high). The Monero price prediction sentiment is currently bullish, while Fear & Greed Index is showing 33 (Fear).

Monero's current circulating supply is 18.45M XMR out of max supply of 18.20M XMR. The current yearly supply inflation rate is 0.64% meaning 116,944 XMR were created in the last year. In terms of market cap, Monero is currently ranked #6 in the Proof-of-Work Coins sector, ranked #1 in the Privacy Coins sector and ranked #18 in the Layer 1 sector.

Highlights

  • Price has increased by 21% in the last 1 year
  • Trading above the
  • in the last 30 days (63%)
  • Has liquidity based on its market cap
  • Trading on KuCoin
  • Yearly inflation rate is

Risk Analysis

  • Outperformed by 70% of the in 1 year
  • Outperformed by and
  • Down -71% from all-time high
See All Risk Checks

Monero Performance

Change1H24H7D1M3M6MYTD1Y3Y5YALL
MoneroUS Dollar XMR/USD 1.30%-1.18%-1.14%13.14%-5.13%17.16%2.71%21.10%-33.56%132.11%6,796%
MoneroBitcoin XMR/BTC 0.80%-1.46%0.45%19.84%16.39%46.99%-23.22%-46.52%-46.75%-57.89%-40.86%
MoneroEthereum XMR/ETH 0.68%-1.06%3.24%26.33%47.40%93.86%1.34%-19.29%-5.74%-82.21%--
MoneroTether XMR/USDT 1.30%-1.18%-1.14%13.14%-5.13%17.16%2.71%21.10%-33.56%132.11%6,796%

Monero price in US Dollar has increased by 13.14% in the last 1 month. XMR is up 26.33% against Ethereum and up 19.84% against Bitcoin in the last 1 month.

Monero Quarterly Returns

YearQ1Q2Q3Q4Total
2014--1.48%-51.32%-64.36%-82.39%
2015108.68%-44.85%-20.07%17.64%8.22%
2016197.76%14.63%423.96%63.86%2,830%
201748.99%112.92%118.86%264.85%2,433%
2018-48.64%-27.48%-10.92%-59.96%-86.72%
201921.20%67.00%-39.41%-21.57%-3.81%
20206.65%33.56%70.52%44.45%250.86%
202157.33%-9.77%12.85%-8.83%46.05%
2022-6.90%-46.93%30.38%-0.01%-35.59%
20237.15%6.78%-12.71%12.66%12.52%
2024-22.93%31.60%------
Average 36.93%12.63%52.21%24.87%537.25%

The top-performing year for Monero was 2016 when the price of XMR increased by 2,830.22% from $?0.470402 to $?13.78. The worst performing year for Monero was 2018 when the price dropped by -86.72% from $?349.16 to $?46.38. The average yearly growth of Monero over the last 11 years is 537.25% per year. Usually, Monero performs best in Q3 with an average of 52.21% gain and worst in Q2 with 12.63% gain.

Monero Price Closing History by Level

PriceDays Above% of Monero's Life
$?593.42 ATH--
$?500.0020.05%
$?450.0080.21%
$?400.00310.82%
$?350.00601.59%
$?300.001143.03%
$?250.002747.28%
$?200.0050213.34%
$?190.0054014.35%
$?180.0058915.65%
$?170.25 Price Now68618.23%
$?170.0069018.33%

The table above shows the number of days which Monero closed above a certain price level.

Monero Price & ROI on this Date

DatePriceROI
Sep 10, 2024 Today$?170.25-
Sep 10, 2023$?144.2718.00%
Sep 10, 2022$?161.175.63%
Sep 10, 2021$?261.40-34.87%
Sep 10, 2020$?83.97102.74%
Sep 10, 2019$?75.07126.79%
Sep 10, 2018$?106.0260.59%
Sep 10, 2017$?116.2746.43%
Sep 10, 2016$?12.431,269.94%
Sep 10, 2015$?0.50601133,544.76%
Sep 10, 2014$?1.76639,538.58%

The table above shows the price and ROI of Monero today and previous years on the same date (Sep 10).

XMR Exchanges

Monero is being traded on 39 cryptocurrency exchanges, including KuCoin and Kraken. $?228.57M worth of Monero changed hands in the last 24 hours. If you wish to purchase XMR, check our guide on how to buy Monero in 6 steps.

ExchangePrice Volume Action
KuCoin$?170.59$?9.72M$?170.59$?9.72M Trade Now
Kraken$?170.69$?5.30M$?170.69$?5.30M Trade Now
gate.io$?170.58$?15.06M$?170.58$?15.06M Trade Now
Binance Futures$?170.57$?14.64M$?170.57$?14.64M Trade Now
MEXC$?170.19$?1.63M$?170.19$?1.63M Trade Now
Bitfinex$?170.27$?447,547$?170.27$?447,547 Trade Now
Indodax$?168.18$?10,027$?168.18$?10,027 Trade Now
BitLux OTC$?170.14$?149.60M$?170.14$?149.60M Trade Now
Poloniex$?170.39$?6.42M$?170.39$?6.42M Trade Now
WhiteBIT$?170.60$?4.69M$?170.60$?4.69M Trade Now

About Monero

Monero is a cryptocurrency that is designed to provide as much privacy as possible to its users. The Monero project is fully open source, maintained by volunteers, and has achieved a solid reputation within the cryptocurrency community. Monero initially came into existence as a fork of the Bytecoin cryptocurrency in 2014. The Monero whitepaper was created by an unknown person using the pseudonym “Nicolas van Saberhagen”. 

With Bitcoin, Ethereum, and most other cryptocurrencies, the ledger of transactions is fully transparent – you can head to any Bitcoin or Ethereum explorer and see the entire list of transactions made through their respective networks, including the sender, recipient, and amount.

Key Monero features:

  • Privacy-focused proof-of-work cryptocurrency
  • Transaction amounts, senders and recipients are obscured to outside observers
  • Can be mined efficiently with consumer-grade computer hardware

Monero uses a suite of privacy-enhancing technologies including ring signatures and stealth addresses to obscure the senders, recipients and amounts involved in any given Monero transaction. Aside from enabling privacy, this also has a positive effect on Monero’s fungibility, as specific XMR coins cannot be blacklisted by service providers such as cryptocurrency exchanges. In short, you can be certain that you will be able to spend your XMR coins with any service provider that accepts Monero. 

Monero is a proof-of-work cryptocurrency, meaning that it is secured through mining. Unlike what we’re seeing with many other cryptocurrencies, the Monero community is actively opposed to ASIC  mining, due to its potential negative impact on decentralization. Instead, Monero is designed so that it can be mined efficiently using consumer-grade computer hardware.

Cryptocurrencies that are focused on providing privacy are often referred to as privacy coins. In addition to Monero, this category also includes crypto assets such as Zcash, Horizen and Grin

Even though Monero is a well-respected project within the cryptocurrency community, Monero’s uncompromising approach to privacy has made it a controversial cryptocurrency outside of the crypto sphere, as certain regulators and lawmakers have expressed concerns surrounding the technology’s potential use in illicit activities.

FAQ

What is Monero?

Monero is an open source digital currency that mainly focuses on privacy and decentralization. By using an obfuscated public ledger and Proof-of-Work mechanism, Monero is highly ranked among all users who value privacy. Due to its strong privacy features, some associate Monero and other privacy coins with illicit online activities, but this characterization is not necessarily fair.

The roots of the Monero project can be traced back to 2014 and a cryptocurrency bearing the name “Bitmonero”, which was forked from the Bytecoin codebase. Bitmonero was proposed by Bitcointalk user “thankful_for_today”. After it was poorly received by the community, a group of users led took over the project and changed the name to Monero shortly after.

It was not long before Monero started to gain a lot of popularity, quickly becoming one of the leading cryptocurrencies on the market.

How does Monero work?

The Monero cryptocurrency is private by default, and cannot be used to send public transactions. Any transaction made is private by default, meaning that the addresses and amounts involved in the transactions are not visible to the public. 

In order to achieve privacy, Monero uses technologies like Ring Confidential Transactions (RingCT), which covers the transaction information while maintaining network integrity. Apart from that, zero-knowledge proofs allow the transactions to be verified without providing any sensitive information to the network.

Additionally, one-time addresses are randomly generated for each transaction in order to further obfuscate the destination address.

How is Monero used?

Like with other cryptocurrencies, you will need a cryptocurrency wallet in order to use Monero. After receiving it, the user has a few standard options, such as sending it further, exchanging it for other currency, keeping it as investment or purchasing items from vendors who accept Monero.

Why are Monero coins valuable?

Like other cryptocurrencies, the value of Monero relies solely on supply and demand. Having in mind its features and widespread use, Monero should remain a relevant player in the cryptocurrency market for the foreseeable future.

However, it can prove to be a high risk investment, as its value can change rapidly, depending on various market factors.

How do I get Monero?

XMR can be bought on most cryptocurrency exchanges, as well as privately received from another user. It can also be mined, but this method of acquiring XMR requires much more time and a larger upfront investment. Additionally, well-timed exchanges and general market involvement can make a big difference when it comes to maximizing mining gains.

Is Monero a good investment?

Monero’s price can be quite volatile and subject to large changes in short amounts of time. These changes can often seem quite random to an untrained eye, and large investments are highly discouraged for users who are not involved in the market, or don’t have in-depth knowledge on cryptocurrency technology or markets.

Still, as the cryptocurrency market is currently gaining popularity, investing in Monero could be a good long-term investment. With surveillance technologies becoming more and more widespread, privacy-preserving cryptocurrencies could become a more attractive option for users in the future. Alongside some professional guidance or further education, investing in Monero over longer periods of time can prove to be profitable.

How much does it cost to buy 1 Monero?

As of , the price of 1 Monero is . However, you do not have to purchase 1 whole XMR, as each XMR can be split into smaller chunks, similarly to how 100 cents comprise 1 US dollar. The smallest possible denomination of Monero is called a “piconero”, and equals 0.000000000001 XMR. With this in mind, you can see that it’s possible to buy tiny fractions of XMR.

Is it a good time to buy Monero?

This depends on the current market analysis and opportunities available. You can find relevant technical indicators and predictions on our Monero price prediction page.

How much should I invest in Monero?

Monero has unique privacy-preserving properties, and the project enjoys a strong reputation in the crypto community after establishing a multi-year track record. With this in mind, it’s easy to see how Monero can be a part of a successful cryptocurrency investment strategy.

Like other cryptocurrencies Monero is a high-risk investment, and its price can display immense volatility in a short period of time. Even though market analysis and education can be very useful to mitigate these risks, unpredictable short-term market fluctuations can still result in significant losses. 

As with any other investment, make sure to carefully consider your financial situation before investing, and don’t invest more than you’re willing to lose.

How do you cash out from Monero?

There are exchanges on the market that provide trading pairs where Monero can be directly exchanged for fiat currencies like USD and EUR. If your exchange does not offer that pair, you might want to consider exchanging your XMR for BTC first and then cashing out the BTC. To avoid any additional fees, the most efficient option would be to find an exchange that lists XMR directly against fiat currencies.

As always, there is also the option of finding another trustworthy Monero user that’s willing to buy your coins.

Is Monero secure?

With an asset that mainly focuses on security and privacy, Monero is considered to be one of the leaders in this area. Having completely private transactions, alongside a large network of miners, Monero is among the most robust cryptocurrency networks today.

Are Monero coins legal?

More and more countries are adopting cryptocurrency into their legal systems and the legality of them can range from extremely limited to completely legal. You can check the legality of crypto by country or territory here.

In some countries, regulators have been opposing privacy coins like Monero and Zcash. Before using or investing in Monero, it might be prudent to check the legal status of privacy coins in your country.

How are new Monero coins created?

Monero coins are created through a process called mining, in which users deploy their computer hardware to perform resource-intensive computations and secure the network. In exchange for this, Monero miners are rewarded with newly-issued XMR coins. Anyone is free to join the network and Monero.

Every two minutes, a block is added in Monero’s blockchain, and the miner who added the block is rewarded with a set amount of XMR coins. This reward process is a bit random, which is why a lot of miners join together to form a pool and split the rewards in order to have a more dependable profit.

The reward amount will slowly decrease until May 2022. From that point forward, Monero will have a fixed block reward of 0.6 XMR.

Is mining Monero a good investment?

Since Monero mining can be done using consumer hardware, such as CPU or GPU, it is possible with a small investment. However, depending on your location, the profit can vary, as mining requires consumes a considerable amount electrical power. This makes mining a much worse option in countries where electricity is more expensive, which is a major part of the upkeep cost and can even cause a net loss for miners.

How many Monero coins are left?

Currently, there are  XMR coins available. While some coins, like Bitcoin,  have a supply cap, there is no maximum limit for how many XMR coins can exist. The Monero block reward is dropping gradually, until Monero reaches the “tail emission” phase in May 2022. During “tail emission”, the block reward will remain at 0.6 XMR, and approximately 432 XMR will be created each day as long as Monero exists.

Which coins are similar to Monero?

As privacy is the most prominent feature Monero has to offer, other similar popular options include Zcash and Dash. Both of them offer various security features, while operating on a decentralized blockchain technology, making them relevant competitors.

What makes Monero unique?

Monero is an extremely safe and reliable way of making private transactions, which might be a relevant feature in the near future, having in mind all the recent events regarding internet data protection.

Apart from that, the whole project was completely crowdfunded. By having open-source code, developers from all over the world were able to contribute to Monero and improve it. Still, not a single one of them received coins or any kind of participation reward. This is certainly quite a rarity in a market where different companies develop products to serve a specific function.

Are Monero transaction fees high?

Users are able to choose their fees when trading Monero, where larger fees result in a faster transaction. Even so, with the maximum fee at around 0.16794 XMR, Monero is quite affordable to use.

Monero News

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XMR
Monero
$?170.25
-1.18% Last 24h
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