What is the price of Monero (Monero i5)?
What is the price of Monero? Monero (XMR) is a cryptocurrency that protects the
What is the price of Monero? Monero (XMR) is a cryptocurrency that protects the privacy of transactions using zero-knowledge proof technology. It can be used as a medium of exchange for digital assets such as Bitcoin and Ethereum, and also as a store of value for peer-to-peer payments and transactions in decentralized networks.
According to analysis data from BitcoinExchangeGuide, from January to mid-July 2019, there were over 200 million people worldwide holding or trading cryptocurrencies, with a majority of them being Bitcoin supporters or long-term believers who believe that Bitcoin will become mainstream in the future. According to data from CoinMarketCap, among the top 20 cryptocurrencies in terms of market capitalization, 14 have experienced a decrease of more than 50%, but these 15 are still showing an upward trend, with MTRON being the most representative, with a 24-hour increase of 13.3%, followed by Ethereum. (U.Today)
As of the end of April 2020, Monero has generated approximately $5 billion in revenue and has sold a total of $356 million.
Monero i5
According to an announcement from the official Monero blog, Monero (XMR) has introduced a new cryptocurrency called I5 – i5-R, which is a privacy-centered improvement to the Monero protocol. According to the project’s whitepaper, i5 will go live on the mainnet before September 15, 2020. Prior to the release, Monero will provide incentives and technical support to miners to enhance security, and other competitive blockchains will also join in.
As previously reported, i7 is planned to be deployed on the XMR network in October 2021.
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