Monero (XMR) is trading at $118.70, up 4.77% in the last 24 hours. Over the last week it has traded between $587.95 and $607.07. It is that a currency is only fungible if transactions are private by default, not optionally.
What Monero is
Monero trades under the ticker XMR. Stripped of the price chart, it is a bet on one specific idea: that a currency is only fungible if transactions are private by default, not optionally.
The mechanism behind it is proof-of-work with ring signatures and stealth addresses making sender, receiver and amount opaque at the protocol level. That matters more than most holders realise, because the mechanism decides who has power over the network, what it would cost to attack, and where new supply comes from. Two assets at the same price with different mechanisms are not comparable investments.
A useful discipline before buying: write the thesis down in one sentence. If you cannot, you are trading XMR's price rather than investing in it — both are legitimate, but they demand completely different behaviour when the position moves against you.
XMR price today and its recent range
XMR is currently $118.70. Over the period covered by the chart above it has ranged from $587.95 to $607.07, which puts it roughly 50% of the way up that range — around the middle.
Read against the range rather than against a round number. The distance from the recent high (-1.56%) tells you more about where sentiment sits than the raw price does, and it is the figure that should inform where you put an alert.
What actually moves the XMR price
Price here is three clocks running at once: the whole market on the fastest, Monero's own fundamentals on the slowest, and forced liquidation somewhere in between — which is why a violent move can carry no information about the project at all.
Monero specifically: has periods of unusual independence from the broader market, and reacts sharply to listing or delisting news
The practical consequence is not to react to a move until you know which of the three caused it. A 10% fall during a market-wide flush means something entirely different from a 10% fall while everything else is flat. The first is usually noise; the second is usually information.
The honest case against XMR
Every asset has one, and refusing to look at it is the most expensive habit in this market. For Monero, the structural risk is this: privacy invites regulatory hostility — exchange delistings in major jurisdictions are the standing threat, and each one reduces liquidity and access.
Notice what that is not. It is not "the price might fall" — every price might. It is a specific mechanism by which the reason for owning the asset stops being true, and that distinction is what separates a drawdown you should sit through from an impairment you should exit.
Monero also competes with other privacy coins and, indirectly, cash. If capital flows there instead, it can be a perfectly good project and still a poor investment.
What to watch
Most of what gets published about any crypto asset is noise dressed as analysis. For Monero, the short list is: exchange listing status in major markets and regulatory proposals targeting privacy assets.
Check them on a schedule rather than continuously. Monthly is enough for most holders. Continuous monitoring does not produce better decisions — it produces more decisions, and in a market this volatile more decisions is reliably worse.
Setting a XMR price alert
The most common mistake is setting the threshold too close. If it sits inside XMR's normal daily range it will fire constantly, you will start dismissing without reading, and the alert that mattered gets dismissed with the rest.
Work from the range instead. XMR has moved between $587.95 and $607.07 recently, so alerts placed at or beyond those edges mark genuine changes of state rather than ordinary movement.
Then check it against your own behaviour rather than the chart: an alert you have dismissed twice without acting is already costing you the attention the next one needs.
Get told when XMR moves
Set a price or percentage alert once. It runs on our servers, so it fires even with the app closed — and quiet hours mean it will not wake you at 4am.
Create a free accountFree on the App Store and Google Play.
Frequently asked questions
What is the price of Monero today?
Monero (XMR) is trading at $118.70, up 4.77% over the last 24 hours. Its recent range is $587.95 to $607.07. Prices update continuously on this page.
What is Monero used for?
Monero is that a currency is only fungible if transactions are private by default, not optionally. It works through proof-of-work with ring signatures and stealth addresses making sender, receiver and amount opaque at the protocol level.
What are the risks of holding XMR?
The structural risk is that privacy invites regulatory hostility — exchange delistings in major jurisdictions are the standing threat, and each one reduces liquidity and access. It also competes with other privacy coins and, indirectly, cash, so capital flowing elsewhere can hurt the price even if nothing about the project changes. Nothing on this page is financial advice.
How do I get an alert when XMR hits a price?
Create a free CoinPriceAlert account and set a price or percentage alert on XMR. Alerts are evaluated on our servers, so they arrive as a push notification even when the app is closed — and quiet hours stop a 24/7 market waking you at 4am.
Profile written by Gurjeet Singh, CoinPriceAlert's developer. Market data: CoinGecko, refreshed continuously; alert planner: 365 daily closes from Binance. Nothing here is financial advice.