Monero live price: Real-Time XMR Graph and value

Gianluca Lombardi, 4 min read
Last Updated: 7 May, 2022

Monero
114.40
0.21%

We’re excited to introduce our Monero live price and chart page, designed to provide you with the most up-to-date information on XMR’s price movements and historical trends. Our user-friendly interface offers an informative and comprehensive experience, making it easy for both experienced Monero traders and curious investors to stay updated on the latest market developments. Furthermore, our FAQ section provides insightful answers to common questions about Monero’s price and contributing factors

Monero value today is 114.40 and the 24-hour trading volume is 49,384,832.

Real-time Monero Euro value. Monero’s exchange rate has changed by -0.21% in the last 24 hours. The current position in cryptocurrency market capitalisation is #51 and the real-time market capitalisation is 2,077,618,444.

Monero is a cryptocurrency that focuses on privacy and security. It is a decentralised currency and is not controlled by any government or financial institution. Transactions are completely anonymous, making it the preferred choice for people who wish to maintain privacy in their finances.

Monero price history


Monero XMR Logo

If you’re interested in investing in Monero, it’s important to understand its price history and the factors that can impact its value.

Since its launch in 2014, Monero has experienced significant price fluctuations. In its first year, the cryptocurrency traded for just a few cents, but by early 2017, its price had risen to nearly $14. The price continued to rise over the next few months, reaching an all-time high of almost $500 in early 2018. However, it then experienced a significant decline, dropping to below $50 by the end of the year.

In 2019, Monero’s price stabilized around $50-$100, with occasional spikes and dips. It then experienced a significant rally in late 2020 and early 2021, reaching a new all-time high of nearly $500 in May 2021. However, like many cryptocurrencies, it experienced a sharp decline in value in the months following, and as of March 2023, Monero’s price is approximately $140.

The price of Monero is influenced by a variety of factors, including market demand, adoption rates, and regulatory developments. Like many cryptocurrencies, its value can be highly volatile and unpredictable.

To make the most of your Monero investment, it’s important to stay informed about market trends and news related to the cryptocurrency. Additionally, using a trusted and reputable cryptocurrency exchange, such as Binance or Coinbase, can help minimize risk and ensure a smooth trading experience.

While investing in Monero can be risky, it also has the potential for significant gains. By understanding its price history and the factors that influence its value, you can make informed decisions and potentially benefit from this exciting cryptocurrency.

Factors Influencing Monero’s Price

The cryptocurrency market is highly volatile and unpredictable, but with a well-informed strategy, you can potentially benefit from the potential gains that Monero offers.

One factor that can influence Monero’s price is the overall health of the cryptocurrency market. If the market is performing well with high demand and positive news, it’s likely that Monero’s price will rise. On the other hand, if the market experiences a slowdown, Monero’s price may fall.

Another factor that can influence Monero’s price is its adoption rate. The more people and businesses use Monero, the greater the demand, which can lead to a rise in its price. This is because Monero can be used to purchase goods and services, making it more valuable as a means of exchange.

Regulation is also a key factor that can impact Monero’s price. As governments around the world continue to develop regulations for cryptocurrencies, changes in these regulations can affect Monero’s value.

Lastly, it’s important to keep an eye on the development of Monero itself, such as new partnerships, updates, and features. These developments can have a significant impact on Monero’s price, as they can drive demand for the cryptocurrency.

By understanding the various factors that can influence Monero’s price, you can make informed decisions about your investments. Stay up-to-date on the latest market trends and news related to Monero and other cryptocurrencies, and use trusted exchanges and advisors to minimize risk and maximize returns.

Investment and Trading Tips for Monero

If you’re considering investing in or trading Monero, it’s important to keep in mind that the cryptocurrency market is highly volatile and unpredictable. However, with a well-informed strategy, you can potentially benefit from the potential gains that Monero offers.

Here are some investment and trading tips to help you make the most out of Monero:

  • Choose a reliable cryptocurrency exchange: It is important to use a trustworthy and reputable cryptocurrency exchange when buying and selling Monero. Look for exchanges with strong security measures, low fees, and a user-friendly interface. You can refer to our How to Buy Monero guide to gain insights on how to select a reliable exchange.
  • Consider seeking professional advice: If you’re new to cryptocurrency investing, consider seeking the guidance of a professional advisor. They can help you navigate the intricate world of cryptocurrency investing and offer guidance on how to maximize your Monero investment.
  • Evaluate trading platform reviews: Check out reviews of prominent trading platforms such as eToro and Libertex. These platforms offer access to Monero and other cryptocurrencies, as well as a range of trading and investment tools. Our How to Buy Monero guide also includes reviews of popular exchanges to aid you in choosing the right one for your requirements.

By utilizing these resources, you have the potential to reap benefits from Monero while minimizing risk and maximizing returns. Remember to always conduct thorough research and remain informed about the latest market trends and news related to Monero and other cryptocurrencies.

FAQ about Monero price

What factors influence the price of Monero?

Monero’s price can be influenced by a range of factors such as overall market trends, adoption rate, regulatory changes, and development updates.

How can I check the live Monero price?

You can check the live Monero price on various cryptocurrency exchanges or on our Monero live price and chart page.

Is Monero a good investment?

Investing in Monero, or any cryptocurrency, carries inherent risks due to the volatility of the market. It’s important to do your own research, consult with professionals, and stay informed on market trends before making any investment decisions.

How can I buy Monero?

You can buy Monero on various cryptocurrency exchanges such as Binance, Kraken, or Coinbase. Check out our guide on how to buy Monero for more information on choosing a reliable exchange and making your purchase.

Should I trade or hold Monero?

Whether to trade or hold Monero depends on your investment strategy and risk tolerance.

Gianluca Lombardi

Gianluca is the editor-in-chief of this site. A finance graduate, he is an active trader who has tested all trading platforms and knows all their secrets. Technology is his passion; he spends much of his free time in the metaverse. Gianluca loves learning new things, researching, discussing and writing about technology, especially when it comes to cryptocurrency and blockchain technology.