Monero (XMR) is a privacy-focused, open-source, and decentralized cryptocurrency that was launched in 2014 as a fork of Bytecoin. The word "monero" means "money" in Esperanto.
Over the past 24 hours, XMR has dropped 9.44%, ranking among the day's biggest losers.
In the last three days, Monero has declined 11.68%, falling from $420 to $325. Despite the price drop, open interest in futures markets has surged by 20%, reaching its highest level since December 2024.
