ADVERTISEMENT
Advertise with BNC

Monero Price Analysis – 23 February 2021 – Transactions surging

Monero Price Analysis - 23 February 2021 - Transactions and user interest surging

Created in April 2014, the privacy coin Monero (XMR) enables untraceable, unlinkable, private, and analysis-resistant transactions. The market cap currently stands at US$4.02 billion, ranking XMR 26th on the Brave New Coin market cap table, with US$602 million in trading volume over the past 24 hours. The XMR price is down 1.01% in the last 7 days.

Monero Price 23 Feb 2021

The default privacy features used in XMR leverage Multilayered Linkable Spontaneous Anonymous Group signatures (MLSAG), ring confidential transactions (RCT), and stealth addresses. In September 2020, the Concise Linkable Spontaneous Anonymous Group (CLSAG) transaction format was added, which decreased transaction sizes by 25% and decreased verification times by 20%. Other coins with the optional ability to send private transactions include Zcash (ZEC), DASH (DASH), GRIN (GRIN), and PIVX (PIVX), which use Zero-Knowledge proofs or CoinJoin.

Watch The Full Monero Price Analysis on YouTube


XMR Price Analysis 23 February 2021


ADVERTISE WITH BRAVE NEW COIN

BNC AdvertisingPlanning your 2024 crypto-media spend? Brave New Coin’s combined website, podcast, newsletters and YouTube channel deliver over 500,000 brand impressions a month to engaged crypto fans worldwide.
Don’t miss out – Find out more today


ADVERTISEMENT
Advertise with BNC
ADVERTISEMENT
Advertise with BNC
BNC Newsletters: A weekly digest of the most important news and analysis.
ADVERTISEMENT
Advertise with BNC
Submit an event on bravenewcoin.com
Latest Insights More
ADVERTISEMENT
Advertise with BNC