Monero is ranked at #10 under Bitcoin SV in the market. The trading volume recorded is $83.498 million, while the supply has 17,207,650 XMR coins involved in circulation. Currently, the total market cap of Monero is $1.285 billion. XMR is priced at $74.73 as of this instant. The value soared at a rate of 1.92% in the course of the past 24-hours.
PSA: Services, please be reminded that we will be phasing out long payment IDs this year (to improve privacy and usability for users as well as mitigate support work for services).https://t.co/E05DTUrUfG
Services are recommended to upgrade to subaddresses as soon as possible.
— Monero || #xmr (@monero) September 9, 2019
Confidentiality is the main highlight of the Monero protocol. Another key feature would be that CPUs and GPUs can be used to mine XMR coins every day [Monero is ASIC resistant as well]. All these attributes have contributed to the digital asset soaring through the ranks and landing amongst the top 10 altcoins on coinmarketcap.
However, Bitcoin maximalists love to shower hate on every other project. They label Ethereum, Bitcoin Cash and the rest of the market as “shitcoins”; a term that has been recently popularized by radical BTC enthusiasts. Taking into account the fact that Monero is one of the best ventures in terms of technological advancement and privacy [there’s also Decred, ZCash, MaidSafeCoin, and many more], one should never shy away from expressing support for this currency i.e. if they are a fan.
Last night’s @tari sponsored Johannesburg Monero Meetup looked like a blast! ✨ Shoutout to @jakesdejager who won the Mastering Monero book giveaway! #monero #MoneroMeetup #johannesburg #xmr #cryptocurrencies #cryptotwitter pic.twitter.com/qb7dqINgPd
— GloBee (@GlobeeCom) September 13, 2019
The BLOC GUI MINER v1.1.1 was unleashed a day back. With this, one can mine $BLOC, $XMR, $TRTL, $RYO, along with $XHV. The software works well on Linux, macOS, and Windows devices.