idk75757

Monero consolidating recent gains.

Long
BITFINEX:XMRUSD   Monero
Monero
Recent Price: $113.70
Market Cap: $1,713,793
30-Day Return: 142.28%
Whitepaper: downloads.getmonero....epaper_annotated.pdf

Monero uses an innovative “Cryptonote” algorithm to ensure that transactions are private and untraceable. This means that transactions on the Monero blockchain cannot be linked to a particular user, something not many other cryptocurrencies can currently do in any significant capacity.

Between August 21st and August 26th, Monero nearly tripled from $50 to $150. Since then, coins have been holding on to gains and consolidating between $100 - $120.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.