Monero

Monero [XMR]: Will tail emission upgrade benefit investors in short term

Monero has revealed plans for an important tail emission upgrade aimed at network improvement. The upgrade highlights some key considerations including measures that will prevent inflated fees while also boosting security. The announcement which was made through Twitter revealed that the upgrade will be rolled out in block 2,641623. The tail emission will introduce a 0.6 XMR reward that will be distributed to miners for every minted block. This is contrary to the Bitcoin approach which will… Source link

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Crypto community with 77% historical accuracy sets Monero price for May 31, 2022

Crypto community with 77% historical accuracy sets Monero price for May 31, 2022

Privacy coins such as Monero (XMR) are growing more in popularity in the cryptocurrencies by market cap as investors seek privacy with their decentralized assets. Indeed, in the last three months, XMR is up, 44.87% climbing from $156 on February 4 to $226 on May 5. As a result, crypto traders are keen to know where the DeFi asset will move next especially given the recent attention given to privacy tokens. Interestingly, the cryptocurrency community at CoinMarketCap is bullish on the… Source link

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This area can be used to buy Monero [XMR] with a longer-term time horizon

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. USDT Dominance, a measure of the crypto market cap possessed by Tether the stablecoin, has been rising toward 5% in the past month. The rise of this dominance metric indicated that market participants preferred to sit on the sidelines rather than deploy their capital. Yet, Monero has seen a strong rally in the past two months, which meant it had buyers at a… Source link

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What’s Next for This Neutral Rated Crypto?

What’s Next for This Neutral Rated Crypto?

Monero (XMR) gets a neutral rating from InvestorsObserver Monday. The coin is down 2.66% to $207.11 while the broader crypto market is down 0.42%. Monero has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Monero! Neutral Over the last five days, Monero has earned a Neutral rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Monero over… Source link

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Cryptocurrency Monero Falls More Than 4% In 24 hours

Over the past 24 hours, Monero’s XMR/USD price has fallen 4.31% to $207.59. This continues its negative trend over the past week where it has experienced a 14.0% loss, moving from $246.37 to its current price. The chart below compares the price movement and volatility for Monero over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or… Source link

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Monero Reflects Bearishness: Ideal Opportunity to Invest in XMR – NameCoinNews

Monero is one of the first cryptocurrencies that has taken the privacy and security of decentralized transactions very seriously. It allows to send and receive transactions without making the data available to other users, and it offers real advances in privacy and fungibility.  Monero software is programmed to update every six months, which allows the user to add new features or add advanced cryptography without controversy. It offers such authority to the users, which attracts the interest… Source link

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Monero (XMR) and Algorand (ALGO) Consolidate Whilst Seesaw Protocol (SSW) Could 100x Your Investment – CryptoMode

Monero (XMR) and Algorand (ALGO) Consolidate Whilst Seesaw Protocol (SSW) Could 100x Your Investment – CryptoMode

Monero (XMR) and Algorand (ALGO) have seen their prices consolidate and both tokens could be preparing for a huge rally in the short term. Meanwhile, it is Seesaw Protocol (SSW) that is displaying strong bullish behaviour and could rapidly rise to give 100X returns in the short term. The long term scenario looks positive for all three tokens and you could benefit by investing in any of these 3 cryptos. Let’s find out the investment potential and how you can get your hands on Seesaw… Source link

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Monero (XMR) Rises 1.83%, Outperforms the Crypto Market Saturday

Monero (XMR) Rises 1.83%, Outperforms the Crypto Market Saturday

Monero (XMR) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Saturday, the Digital Money has increased 1.83% to $230.94. InvestorsObserver is giving Monero a 33 Volatility Rank. Find out what this means to you and get the rest of the rankings on Monero! Moderately Volatile InvestorsObserver gives Monero a moderate volatility rank of 33, placing it in the bottom 33% of cryptos on… Source link

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Is Cryptocurrency Monero a Good Investment?

By late 2016, Monero (XMR -2.43%) was the fifth-largest cryptocurrency in the world, with a market cap of $133 million, while Bitcoin, the largest crypto, was worth $14.4 billion. Today Bitcoin has soared over 5,000% to $763 billion, while Monero grew a little over 3,200% to $4.2 billion in the same time frame — falling to No. 33 on the crypto leaderboard. Despite posting decent growth over the last six years, Monero is no longer a leading cryptocurrency. Is… Source link

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