Monero, which was first known as Bitmonero, is a privacy-focused cryptocurrency that was built over the famous CryptoNote platform, which served as a model for many other new altcoins that were ultimately revealed to be fraudulent ventures. Numerous crypto-curious individuals have paid close attention to Monero’s payment confidentiality.

CryptoNight is a proof-of-work algorithm used by Monero, is conducive to both CPU and GPU mining. Every two minutes, new blocks are regularly added to the chain.

Monero in Recent News:

Monero.social room on Matrixy gets ultimately bridged with Monero channel over Libera IRC.
The resistance level, which is set between $134 and $136, is being tested by XMR.
Monero has recently gone through a significant network upgrade.

How to buy Monero (XMR)?

You can buy Monero (XMR) at these exchanges

Binance: Buy XMR with BTC/USDT
Huobi: Buy XMR with BTC/USDT
WazirX: Buy XMR with INR
CoinDCX: Buy XMR in India

Monero (XMR) Price History from 2014 to 2022

Monero Price History 2014

Without pre-mining or VC funding, Monero (XMR) was developed as a grassroots effort and released in April 2014 as just a fork of Bytecoin. Monero started off selling at about $1.65. In May the prices changed to $2.47. In June the prices decreased to $1.94 whereas in July the prices rose to $2.51 and in August the prices were stable at $2.57. In September, the prices went to $2.17 and dropped to $1.21 in October. The prices had dropped further to $0.6 in November and $0.5 in December.

Monero Price History 2015

In January 2015, Monero’s (XMR) prices dropped to $0.44 and in February the prices had fallen down again to $0.28. In March, the prices rose to $0.43 and in April the prices went to $0.91. In May the prices were $0.50 and in June prices dropped a little to $0.45. In July, the prices went back to $.050 and in August, the prices were $0.57. In September, the prices were $0.47 and in October the prices were $0.40 and the same in November. In December, the prices were $0.39.

Monero Price History 2016

In January 2016, Monero’s (XMR) prices rose a bit to $0.47 and in February the prices were $0.49. In March, the prices were $0.87 and in April the prices went upto $1.41. In May the prices were $0.92 and similar in June. While in July the prices went again up to $1.59 and in August, the prices increased to $1.82 and in September, the prices saw a huge hike to $8.52. In December the prices were $8.93.

Monero Price History 2017

In January 2017, the prices of Monero (XMR) increased to $13.79 and in February the prices dropped a little to $12.97. In May 2017 the prices were at $23.72 and in June the prices were $41.840. In December, the prices of Monero (XMR) were $179.72.

Monero Price History 2018

In January 2018, the price of Monero went as up as $349.55. In February the prices were $273.88 and in March the price of Monero (XMR) were $286.03. In August the price lowered down to $122.27 and in September, the prices were $115.52. In November, the price lowered to $105.10 and in December lowered even further $58.52.

Monero Price History 2019

The prices lowered a little to  $45.79 of Monero (XMR). The prices in February were $43.76. The prices in May increased to $93.53 and in June lowered to  $89.95. In August, the price lowered to $67.73 and in October the price reduced to $57.30. In November, the price went up $1 up to $58.75 and in December, the price lowered down to $54.81.

Monero Price History 2020

In January 2020, the price is $44,65 and in February the price hiked up to $72.11. In April, the prices lowered down to $47.34 and in June the price increased to $62.20. The price in August hiked to $84.52 and in September the price increased more to $93.18. The November, the price increased even more to $126.01 and in December the prices were $130.27.

Monero Price History 2021

In January 2021, the price hiked to $156.43 and in February the price lowered down to $137.53. In March the price massively hiked to $218.89 and further doubled in May to $421.32. In June, the price went down again to $272.90. In December 2021, the price of Monero was $237.84.

Monero Price History 2022

In January 2022, the price of Monero was $228.85 and in February the price fell down to $146.49. In April 2022 the price was $212.43 and in May 2022 the price was $223.48. In June, the price fell down to $198.76 and further reduced to $112.69 in July 2022. In August 2022, the price was $154.80. In December 2022, the price was $142.85.

Monero Price Prediction 2023

When
Maximum Price
Minimum Price
March 2023
$167.32
$122.77
April 2023
$176.78
$147.32
May 2023
$160.71
$133.93
June 2023
$192.85
$160.71
July 2023
$231.43
$192.85
August 2023
$254.57
$212.14
September 2023
$305.48
$254.57
October 2023
$290.93
$242.45
November 2023
$320.03
$266.69
December 2023
$358.43
$298.69

In March 2023, the price may go as high as $167.32 and as low as $122.77. In June 2023, the price may go as high as $192.85 and as low as $160.71. In December, the price may be at $358.43 at maximum and $298.69 at minimum.

Monero Price Prediction 2024

January 2024
$477.91
$382.33
February 2024
$582.82
$466.25
March 2024
$777.09
$621.67
April 2024
$706.44
$565.15
May 2024
$642.22
$513.78
June 2024
$802.78
$642.22
July 2024
$963.33
$770.67
August 2024
$1,136.73
$909.38
September 2024
$1,193.57
$954.85
October 2024
$1,136.73
$909.38
November 2024
$1,250.40
$1,000.32
December 2024
$1,400.45
$1,120.36

The price of Monero (XMR) in January 2024 can go as up as $477.91 and as low as $382.33. In February, the price of Monero (XMR) can go to $582.82 and as low as $466.25. In December 2024, the price may go at $1400 at maximum and to $1,120.36 at minimum.

Monero Price Prediction 2025

When
Maximum Price
Minimum Price
January 2025
$1,610.52
$1,288.42
February 2025
$1,894.73
$1,515.78
March 2025
$2,368.41
$1,894.73
April 2025
$2,153.10
$1,722.48
May 2025
$2,563.22
$2,050.57
June 2025
$3,280.92
$2,624.73
July 2025
$3,124.68
$2,499.75
August 2025
$3,905.85
$3,124.68
September 2025
$4,687.03
$3,749.62
October 2025
$4,463.83
$3,571.07
November 2025
$5,490.52
$4,392.41
December 2025
$6,698.43
$5,358.74

The price of Monero in January 2025 in $1,610.52 and may go as low as $1,288.42. In February 2025, the price may go at a maximum to $1894.73. In December 2025, the price may go as high as $6,698.43 and the price may go as low as $5,358.74.

Monero (XMR) Price Prediction 2026-2030

Year WISE 
MAX PRICE
MIN PRICE
2026
$4,688.90
$3,282.23
2027
$3,985.57
$2,789.90
2028
$7,174.02
$5,021.81
2029
$14,736.54
$10,315.58
2030
$16,411.15
$11,487.81               

The price of Monero (XMR) in the year 2026 may go as up as $4,688.90 and at minimum around $3,282.23.

In the year 2028, the price of Monero (XMR) may go up to $7,174.02 at maximum and at minimum as low as $5,021.81.

In the year 2030, the price of Monero can reach as high as $16,411 and the price may drop as low as $11,487.81 at minimum.

XMR Price Prediction in INR (2023 to 2030)

Year
Maximum Price
Minimum Price
2023
₹28,674.52
₹10,714.13
2024
₹112,036.21
₹30,586.16
2025
₹535,874.32
₹137,798.55
2026
₹375,112.02
₹262,578.41
2027
₹318,845.22
₹223,191.65
2028
₹573,921.39
₹401,744.97
2029
₹1,178,923.49
₹825,246.45
2030
₹1,312,892.07
₹919,024.45

In the year 2023, XMR may go as up as ₹28,674.52 and at minimum around ₹10,714.13.

In the year 2024, the price of Monero (XMR) may go up to ₹112,036.21 at maximum and at minimum as low as ₹30,586.16.

In the year 2030, the price of Monero can reach as high as ₹1,312,892.0 and the price may drop as low as ₹919,024.451 at minimum.

Monero Price Forecast for Today, Tomorrow and This Month

XMR is bearish and may go as low as $122. Tomorrow the price is expected to go down by 1-2%. 

Frequently Asked Questions

Is Monero (XMR) a good investment in 2023?

Monero is an excellent long-term investment because of the rising demand for financial anonymity. It has continued in proving that it is significantly better than the majority of digital currencies at safeguarding the privacy of its users.

Is Monero (XMR) better than Bitcoin (BTC)?

The blockchain of Monero uses open-source code, just like Bitcoin. Because of this, Monero is more effective than Bitcoin and comes with a privacy layer built into the protocol by standard. Monero has an advantage over Bitcoin for those users who demand complete anonymity.

Which is better: Monero (XMR) or ZCash? 

Although both Monero as well as ZCash constitute privacy coins, Monero have enforced privacy requirements, so all activities are anonymous. ZCash has declared privacy a selectable feature. Monero is a better option if you need complete privacy at all times because the blockchain in its entirety is opaque.

Who is the owner of Monero?

Riccardo Spagni was among the seven people that founded Monero in April 2014. The coin encourages scalability, decentralization, as well as privacy. On Windows, MacOS, Android,  Linux, and FreeBSD, Monero can be used.

Can one Monero be mined per day?

According to the inputs from the mining hardware, 0.00701146 XMR may be mined each day at a hashrate of about 42,000.00 H/s, with a block reward of around 0.65 XMR, and a complexity of 336,409,215,718.00.

What is the price prediction for Monero in 2025?

The price of Monero (XMR) is predicted to reach $6,698.43 by the end of the year 2025.

What is the price prediction for Monero in 2030?

In the year 2030, the price of Monero can reach as high as $16,411 and the price may drop as low as $11,487.81 at minimum.

Should you buy Monero (XMR) in 2023?

Monero (XMR) can be considered a good choice for investment for various reasons. Monero is special for a number of reasons. Achieving the highest amount of decentralization is one of the main goals of the project, which means no user on the network needs to be trusted.

A few specific traits help to establish privacy. While every Bitcoin in existence has a unique serial number, allowing for the monitoring of bitcoin usage, XMR is fully fungible.

Those who support Monero claim that the fact that senders, recipients, and the quantity of cryptocurrency being moved are hidden by default gives it an advantage over competing for privacy coins which are “preferentially transparent.”

Every transaction has a unique secret address that is only used once to prevent transactions from being connected to one another.

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Filed under: News - @ March 4, 2023 5:46 pm