What is the issuance price of XMR currency?

The issuance price of XMR coin (Monero) is 0.005 BTC, which is approximately US$2.425 based on the exchange rate on April 18, 2014. The coin opened the day with a price increase, but then quickly fell and remained near its launch price for several months.

What is the issuance price of XMR coins?

XMR coin, also known as Monero, is a privacy-focused cryptocurrency. Its issuance price is as follows:

0.005 BTC (calculated at the exchange rate on April 18, 2014)

Details:

Monero was issued on April 18, 2014, with an initial circulation of 1.2 million coins. At the time, 1 BTC was worth approximately $485, so 0.005 BTC was worth approximately $2.425. On the day Monero was released, its price rose immediately after the exchange opened, reaching a peak of 0.012 BTC (approximately $5.88). However, the price subsequently dropped rapidly and remained at levels around 0.005 BTC over the next few months.

Since then, the price of Monero has experienced huge fluctuations. In December 2017, it reached an all-time high of $495, only to plummet in the subsequent market downturn. As of March 2023, Monero’s price is around $130 and its market cap is around $2 billion.

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