Monero Classic One Day Trading Volume Reaches $154.00 (XMC)

Monero Classic (XMC) traded 72% lower against the dollar during the twenty-four hour period ending at 0:00 AM ET on May 16th. One Monero Classic coin can currently be bought for about $0.0771 or 0.00000254 BTC on exchanges. In the last week, Monero Classic has traded 77% lower against the dollar. Monero Classic has a total market cap of $1.48 million and approximately $154.00 worth of Monero Classic was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Monero (XMR) traded up 0.4% against the dollar and now trades at $169.07 or 0.00557021 BTC.
• Coalculus (COAL) traded down 2.6% against the dollar and now trades at $0.0049 or 0.00000013 BTC.
• Bytecoin (BCN) traded down 5.9% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Infinitus Token (INF) traded flat against the dollar and now trades at $0.15 or 0.00000374 BTC.
• MoneroV (XMV) traded 0% higher against the dollar and now trades at $0.36 or 0.00001200 BTC.
• Sumokoin (SUMO) traded 1.4% lower against the dollar and now trades at $0.0188 or 0.00000062 BTC.
• Karbo (KRB) traded 13.9% higher against the dollar and now trades at $0.0812 or 0.00000267 BTC.
• Aeon (AEON) traded up 3.1% against the dollar and now trades at $0.0410 or 0.00000135 BTC.
• DigitalNote (XDN) traded 14.3% higher against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Digital Insurance Token (DIT) traded up 85.4% against the dollar and now trades at $0.0023 or 0.00000008 BTC.

Monero Classic Coin Profile

Monero Classic is a proof-of-work (PoW) coin that uses the CryptoNight hashing algorithm. Its genesis date was May 2nd, 2018. Monero Classic’s total supply is 19,176,436 coins. Monero Classic’s official website is monero-classic.org. Monero Classic’s official Twitter account is @MoneroClassic and its Facebook page is accessible here. The Reddit community for Monero Classic is https://reddit.com/r/MoneroClassic and the currency’s Github account can be viewed here.

According to CryptoCompare, “MoneroClassic (XMC) is a hard fork of Monero (XMR) blockchain which will maintain the original blockchain after the ASIC-resistant hard fork that took place in 2018. XMC does not change the CryptoNight algorithm allowing for ASICs to be used for mining.     “

Buying and Selling Monero Classic

It is usually not possible to buy alternative cryptocurrencies such as Monero Classic directly using U.S. dollars. Investors seeking to trade Monero Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Monero Classic using one of the aforementioned exchanges.