77% of retail investor accounts lose money when trading CFDs with this provider.
|1 Monero = 121.29 GBP||1 000 GBP = 8.24 XMR|
|100 Monero = 12,129.25 GBP||100 000 GBP = 824.45 XMR|
|Currently in circulation: 18,147,820 XMR||The maximal amount of XMR in circulation is not limited.|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current Monero price
|Current price||121.29 GBP / 150.54 USD / 140.28 EUR|
|Total market value||2,200,736,418 GBP / 2,731,404,636 USD / 2,545,264,873 EUR|
|Price change in the last 24h||-1.84%|
|Price change in the last 7 days||0.21%|
|Updated||May 31, 2023, 12.59 pm|
In the last 24h, the price of the cryptocurrency Monero has decreased by 1.84%. Even though the currency price has been decreasing in the last 24h, the value of the digital currency Monero has increased by 0.21% within the last 7 days. Therefore, it cannot be said there is a long-term decreasing trend. The total market value of the cryptocurrency Monero as of Jan 12, 2022, is 2,731,404,636 USD (roughly 2,200,736,418 GBP), which makes it the 25th most valuable cryptocurrency in the world.
Cryptocurrencies with similar market capitalisation: OKB | The Open Network | Ethereum Classic
|Date||XMR/USD||Price in GBP||Change in 24h|
|May 30, 2023||153.75 USD|
|May 29, 2023||153.64 USD|
|May 28, 2023||155.62 USD|
|May 27, 2023||150.93 USD|
|May 26, 2023||151.06 USD|
|May 25, 2023||151.43 USD|
|May 24, 2023||150.59 USD|
|May 23, 2023||151.11 USD|
|May 22, 2023||152.13 USD|
|May 21, 2023||150.04 USD|
|May 20, 2023||150.32 USD|
|May 19, 2023||150.29 USD|
|May 18, 2023||150.98 USD|
|May 17, 2023||151.50 USD|
You can open a demo account or a real money account. 77% of retail investor accounts lose money when trading CFDs with this provider.
Frequently asked questions
1️⃣ What will be the price of Monero in a day/week/month?
Predicting the XMR price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is Monero worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not XMR is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.