2018 was a difficult year for cryptocurrencies, with wide-scale falls in value. The price of XMR dropped 86.03% since it opened at $331.83 on January 1st, 2018. It closed on December 31st, 2018 at $46.37.
Despite the dramatic drop in value over 2018, XMR is still one of the biggest, most well known, and most widely traded cryptocurrencies around. It is often in the top 10 cryptocurrencies by market capitalisation.
Monthly XMR price (US$) and monthly change
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Latest Monero price commentary
We regularly publish an XMR price analysis:
Monero is well established and has been around since 2014. Proof of work is used (similar to Bitcoin) as a method of authenticating transactions and mining new coins. Monero features transactions where it cannot be seen who the originator or recipient is. Privacy is a key USP of Monero.
Our site is packed full of content and resources if you want to find out more in-depth information about cryptocurrencies.
If you want to find out the latest news about XMR or cryptocurrencies in general, then use the search box at the top of this page. Here’s a couple of articles to get you started:
As with any investment, it pays to do some homework before you part with your money. The prices of cryptocurrencies are volatile and go up and down quickly. This page is not recommending a particular currency or whether you should invest or not.
Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.