Monero is ranked at #10, above Stellar Lumens and UNUS SED LEO on coinmarketcap. The price of XMR dipped at a rate of 1.94% in the course of the past 24-hours. The trading volume recorded is $82.025 million, whereas the supply has 17,167,915 XMR coins in play. For now, the total market cap of Monero is $1.369 billion. As of this moment, XMR is priced at $79.78.
Therefore I’m supporting the LOKI Network by running a service node to help secure the network against cyber attacks. pic.twitter.com/BKwpDIulpx
— CryptosBatman ⚡ (@CryptosBatman) August 21, 2019
Loki is a low-ranked coin south of the #300 position. Just today, it was announced that Bitcoin and Litecoin addresses linked to 3 major “kingpins” involved in the drug trade have been blacklisted. This was due to continuous efforts of the Department of Treasury [associated with the United States of America].
Monero has been growing as a privacy-based cryptocurrency. Though it is far from rivaling the king coin. A majority of transactions on darknet [involving money laundering, drug purchases, etc] involve Bitcoin and Litecoin [the latter has also fallen on evil days].
We’re very happy to announce the opening of a:
Monero Alpha Village
…a minivillage at the CCC Camp 2019 (every four years).
For more information call the Alpha Monero hotline:
— Rotten to the core (@rottenwheel) August 21, 2019
An inverse head-and-shoulders pattern was noted, which according to some analysts points to bullish momentum. The Awesome Oscillator peaks are green and may soon head north of the zero line. Support exists near $73.13 at present, whereas resistance will be felt if the coin manages to reach the $93.2 mark.
XMR needs to be under the control of fresh buyers if the price is to break-out of the region of accumulation.