Gate News Bot Message, December 24th, according to CoinMarketCap data, as of press time, XMR (Monero) is trading at $434.88, up 0.09% in the past 24 hours, with a high of $497.16 and a low of $407.63. The current market capitalization is approximately $8.022 billion, ranking 14th.
Monero is a private, decentralized cryptocurrency dedicated to protecting users' financial privacy and security. As a true currency, XMR can be used to privately exchange goods, services, and other currencies, with extremely low transaction fees. Users can acquire Monero through various methods, including mining, providing services in exchange, or trading on exchanges. The Monero project is driven by a decentralized community of hundreds of volunteers from around the world, including the Monero Research Laboratory (MRL), composed of researchers and cryptographers, dedicated to continuously improving and enhancing the project.