Monero Original XMO Overview
The decision to fork was made after the core Monero project decided to undergo a hard fork against ASICs. Monero is known for its privacy and anonymity features, which are highly valued by its users. However, the use of ASICs, specialized mining hardware that can mine cryptocurrency faster than standard computer hardware, poses a threat to the decentralization of the network. Please note that technical indicators don’t provide a full representation of what’s happening in the cryptocurrency market. Before making the decision to buy or sell any cryptocurrency, you should carefully consider both technical and fundamental factors, as well as your financial situation. The cryptocurrency market is also highly volatile, which means it may not be suitable for investors with a low risk tolerance.
Rather than launching a traditional attack for profit or disruption, the project has created economic incentives that naturally draw miners away from distributed pools toward their centralized operation. This represents a new category of attack that doesn’t rely on malicious intent but superior economic incentives. For Monero, which has built its reputation on providing untraceable transactions and robust privacy protections, such an attack would be particularly devastating. At its current $253 per coin, the decline extends XMR’s weekly losses to over 25%, erasing gains built up during the summer rally and pushing the privacy coin to its lowest levels since May. This represents one of the most severe single-day drops for Monero in 2025, comparable only to broader market corrections during periods of intense regulatory uncertainty.
As a privacy coin and one that isn’t viewed very favorably by some authorities (US regulators in particular), XMR isn’t likely to be offered on every single exchange. Monero has over 18 million XMR in circulation as of June 2022, but it doesn’t have a cap on its maximum supply. Instead, XMR has a set emission rate of 0.3 XMR per minute or 0.6 XMR per block. One of the main techniques Monero uses is called “Ring Signatures.” Here, the unique signature of a transaction’s initiator is combined with other signatures of non-senders to form a ring. Thus, it is impossible to identify exactly which of the ring’s members sent the funds.
USDD
- Critical of some of BitMonero’s attributes, BitMonero was then forked by some members of the community into another coin, Monero.
- Two years later, a member of the Bitcointalk forum — only known as thankfulfortoday — forked BCN’s codebase, and Monero was born.
- The protocol’s lead maintainer, however, was Riccardo Spagni, a South African developer.
- The XMO to EUR converter table above displays the correlation between the value of Monero Original in Euro through a list of popular conversion amounts, ranging from 1 XMO to 10,000 XMO.
Monero Original is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. The protocol is open source and based on CryptoNote v2, a concept described in a 2013 white paper authored by Nicolas van Saberhagen. Developers used this concept to design Monero, and deployed its mainnet in 2014. The algorithm issues new coins to miners and was designed to be resistant against application-specific integrated circuit (ASIC) mining.
- A measure of how much of a cryptocurrency was traded in the last 24 hours.
- The coin is down 15% in the last week and over 6% down in the last 24 hours.
- The live Monero price today is $263.48 USD with a 24-hour trading volume of $73,258,663 USD.
After Attacking Monero, Qubic Sets Its Sights on Dogecoin—Here’s Why
It aims to provide protection to all users — irrespective of how technologically competent they are. The exponential moving average configuration shows how damaging panic episodes can be. Exponential moving averages take monero original price the average price of an asset over a given period of time. And when looking strictly at XMR’s EMAs, you’d think the coin was forming a bullish pattern.
USDF
The live price of Monero is $262.87, with a total trading volume of $ 0 in the last 24 hours. The price of Monero changed by -0.97% in the past day, and its USD value has decreased by -0.6% over the last week. With a circulating supply of 18,446,744 XMR, the market cap of Monero is currently 0 USD, marking a –% increase today. Complete cryptocurrency market coverage with live coin prices, charts and crypto market cap featuring coins on 964 exchanges. Monero Original (XMO) is a new cryptocurrency that resulted from a hard fork of Monero (XMR).
