Many individuals are interested in investing in cryptocurrencies, but the current prices of some of the big crypto names are certainly a put-off. Thankfully, there are other crypto tokens, like Monero, which are more affordable, easy to invest in, and provide a simple buying and trading experience. Cake Wallet and Monero.com have arrived on F-Droid Alternatively, visit our new OKX Crypto Calculator. Select XMR and the desired fiat that you would like to convert to view the estimated live conversion price.
Built from code called CryptoNote, Monero came into existence in 2014. The Monero community touts Monero as a project that prioritizes privacy and security. Monero MARKET DATA Monero’s value has increased from around $0.50 in 2014 to an all-time high of $517 in May 2021; and even though its price has taken a hit over the last year, XMR continues to be a well-renowned asset within the cryptocurrency ecosystem. Being seen as the leading privacy coin currently available within the crypto market has continued to bolster Monero’s value proposition.