Darknet Propels Monero to Fifth Largest Cryptocurrency by Market Cap
Posted: Sun Aug 28, 2016 2:01 pm
With all the recent focus by both cyber security firms and established mainstream Bitcoin firms on fighting anonymity on the Bitcoin Blockchain it is no surprise that more libertarian solutions will emerge. Currently benefiting the most from this trend is the cryptocurrency Monero (XMR) that is enjoying unprecedented growth in value.
Monero is now traded at around $9.5 (0.0164 BTC) giving it’s overall circulation a total market capitalization of over $120 million. This puts Monero in the top five most valuable cryptocurrencies, shooting past the social media token Steem at $115 million and just behind the original altcoin Litecoin at ... (read more)