Monero price set all time record

Let's try to figure out what stands behind Monero's new price high
22 November 2017   304

On Wednesday, November 22, Montero's crypto currency reached a new historic record, confidently breaking the $ 155 mark. Earlier, developers of the popular hardware wallet Ledger confirmed the rapid integration of Monero, Qtum and Stellar into the Nano S and Blue models.

After two months of relative calm, Monero set a new price record, breaking the $ 155 mark. Since September 18, the cryptocurrency has not been able to trade in the $ 80- $ 100 corridor, but since November 8 it began to show stable growth, which ultimately led to the renewal of the historical maximum.

At the moment of prese, these are main XMR market parameters:

  • Average price $151.26
  • Market cap $2,326,149,559 
  • 24h volume $132,485,000

Monero Price Charts
Monero Price Charts

Top three Monero markets are:

  • Bithumb 32%
  • Bifinex 14%
  • HitBTC 14%

Monero Markets
Monero Markets

The fact that the Monero crypto currency, aimed at anonymity, can be added to the hardware wallets of the Ledger family, became known in early September.

MoneroV Hardfork Airdrop Date Unveiled

Developers claim to provide x10 XMV to XMR holders at block 1529810
19 February 2018   51

MoneroV is a hardfork of Monero cryptocurrency. 

MoneroV fulfills the long overdue desire for a truly anonymous, decentralized, finite peer-to-peer electronic currency. Individuals and businesses can transact securely, reliably and anonymously with low fees using MoneroV.

All Monero holders as of block 1529810 will be owners of MoneroV.

The MoneroV community looks forward to welcoming users, enthusiasts, and contributors to further enhance the development of MoneroV.

MoneroV Team

According to the developers, these are the features of upcoming hardfork:

  • Secured 
    • Decentralized peer-to-peer blockchain transaction consensus enables MoneroV to be secure and reliable.
  • Scalable
    • Using lower transaction fees and advanced modification to the core mechanism in the way MoneroV calculates transactions and balances, we are aiming to make MoneroV fully scalable by integrating the MimbleWimble protocol.
  • Private
    • MoneroV is truly anonymous and private. Sending and receiving addresses are obfuscated, as well as all amounts being transferred in all transactions. Your identity cannot be linked or traced to a transaction on the MoneroV blockchain.

As team plans, the fork itself will happen approx. on 14th of March. The x10 Airdrop of MoneroV coins to XMR holders is planned on the 18th of March. Light-weight GUI wallet and web wallet release is planed in June 2018.

These are the specs of MoneroV:

  • Coin Supply - Capped at 256 Million XMV. Smooth emission decline until minimum.
  • Circulating Supply at Hard Fork - ~158 Million XMV (10x circulating XMR supply as airdrop).
  • Proof of Work - CryptoNight (to be changed)
  • Difficulty Retarget - Every block. Adjusted difficulty initially after Airdrop.
  • Block Time - Every 120 seconds
  • Block Reward - Smooth decrease. Minimum of 6 XMV per block at 184,467,440 XMV in total emission.
  • Block Size - Dynamic, max 2xM100
  • Privacy - Ring signature / stealth addresses

There is no info on the XMV team.