On May 16-17 analysts noticed Monero (XMR) step up by 2.89%


May 17, 2018 – By whatsonthorold

It was good day for Monero (XMR), as it jumped by $5.63 or 2.89%, touching $200.51. International Crypto Experts believe that Monero (XMR) is looking for the $220.56 goal. According to 6 analysts could reach $533.20. The highest price was $203.58 and lowest of $193.99 for May 16-17. The open was $194.88. It last traded at Bitfinex exchange. Aproximately 30,253 XMR worth $5.98M was traded.

For a month, Monero (XMR) tokens went up 1.90% from $196.77 for coin. For 100 days XMR is down -4.58% from $210.13. It traded at $88.59 200 days ago. Monero (XMR) has 16.04 million coins mined with the market cap $3.22 billion. It has coins in circulation. It was founded on 02/06/2014. The Crypto XMR has PoW proof type and operates under CryptoNight-V7 algorithm.

Monero (XMR) is a cryptonight algorithm based alternative crypto currency. The coin is based on Proof of Work and has a block reward that varies smoothly. The difficulty retargets every block with a sixty second block target. 

Monero uses a Ring Signature system to protect your privacy, allowing users to make untraceable transactions.

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By whatsonthorold

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