Monero {XMR} recovers; XMRig 3.1.1 unleashed, the danger of surveillance by Google examined

Fibo Quantum

Monerujo is a mobile wallet for Androids where one can store XMR tokens. However, if it used on a stock-android phone [which is linked to a person’s digital identity due to Google services], privacy is deeply impacted. Google products have been known to be involved in monitoring personnel across the globe.

This is a solution posted on Reddit by u/dacianmonerogold in response to the query by u/TheGermanGuy21: “I’d unlock my bootloader and flash a de-googled custom rom”. Some suggested purchasing a cheap burner device, but that wouldn’t always be a viable solution. Another choice would be to use a laptop or a PC to conduct a transfer, that way identities of the sender and the receiver shall remain hidden [using monero-gui].

Monero is ranked at #12 below Cardano and Stellar but above TRON and LEO in the market. The price climbed slightly, at a rate of 0.54% in the course of the past 24-hours. The trading volume recorded is $44.443 million, whereas the supply has 17,183,587 XMR coins in play. As of this instant, the total market cap of Monero is $1.160 billion. For now, XMR is priced at $67.52.

The chart for the XMR/USD pair on tradingview points to bearish momentum dominating the altcoin presently. The daily RSI has dipped below 30 and stands at 24.8, indicating that XMR is being oversold. The MACD line remains under the signal line, and the Awesome Oscillator peaks have been brown from midway of August. Resistance will be felt if the coin surges to $80.628, while support lies near $64.953.

A newly updated version of the Cake Wallet was also released a few days back. This included bug fixes and state-of-the-art features.