The Monero community celebrates the birthday of the famous cryptocurrency that left an indelible mark on the sector.
The privacy -based Altcoin, which relies on Cryptonote, was launched in 2014.
Monero is a fork of bytecoin, the Corpric Og that appeared again in 2012. It ended up being created due to some differences with the first project direction.
We celebrate our eleventh birthday today!
Happy Monervre, your life may be full of privacy and for many other years of Monero, as it is an encrypted currency that keeps your transactions and your property, especially and safe! https://t.co/5Mfdvybqtz
– Monero (xmr) (Monero) April 18, 2025
The successful fork added remarkable innovative features, such as episode signatures and ghost addresses that make it possible to unknown transactions. I gained a lot of traction when the mysterious privacy currencies became during the 2017 bull market, as it appeared as a Cyberpunk and LibertArans.
According to Coingecko DataMonero is still the largest 33 cryptocurrency depending on the market value. The value of the coded currency is currently $ 4 billion. Although the maximum market is respectful, it diminishes compared to some of the best queatoes.
The Monero community is still active, but it has lost a lot of Earth due to the marginalization of the growing privacy coins. Because of the organizational pressure, the main stock exchanges, including Coinbase and KAKEN, moved to Monero deletion in various judicial states. Some countries, such as South Korea, imposed a comprehensive ban on privacy currencies.
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The distinctive symbol decreased to nearly 60 % of its peak at all $ 542, which was achieved in January 2018. At that time, XMR ranked thirteenth according to the market value.
