The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Monero is a pure proof-of-work cryptocurrency that uses open source software. Monero can run on many systems such as Windows, Mac, Linux and FreeBSD. Monero plans to issue approximately 18.4 million coins in 8 years. It The work verification algorithm used, CryptoNight, is an AES-intensive algorithm and a very memory-consuming operation. This algorithm significantly reduces the advantage of the GPU over the CPU. In terms of token distribution, Monero's distribution is very fair. It has no pre-mining, no pre-sale, and all block rewards are given to miners. So is Monero valuable in the long term? Everyone wants to know whether MR coins have investment value? Let the editor of the currency circle talk about it below.

 Is Monero valuable in the long term?

Monero has long-term investment value. The issuance price of XMR coin is 2.47 US dollars. The current return on investment is 6729.96%. The total number of Monero is 16 million. It is an old coin that was launched in 2014. Monero is an open source cryptocurrency that focuses on privacy. It focuses on privacy, decentralization and scalability, and is committed to becoming a fungible and untraceable electronic currency. In comparison, Monero has a higher degree of anonymity. It is a good old project that has been steadily building. run.

XMR is a good project. It is traded on major first-line exchanges. It is a currency with technical content and strong consensus. The technical points use cryponote and ring signature technology, which can automatically realize the anonymous function and hide the initiator and recipient of the transaction. , transaction amount, and the cryptocurrency of the transaction IP. The official slogan has always been to emphasize security, privacy, and tracelessness. XMR can be said to be a successful anonymous currency. I believe that the Monero project does not need too many gorgeous introductions. It will be a good coin to hold for a long time until the market improves in the second half of the year. When choosing a coin, choose a coin with technical content. The second choice has good consensus. Monero meets these two points. Monero is currently very popular in development and social media. XMR is a good coin and it is recommended to hold it for the long term.

 Does XMR coin have any investment value?

XMR currency has investment value. The current price of XMR currency is US$164.57, and the highest price in history of XMR currency reached US$518.49 in 2021. It can be seen that XMR currency still has a lot of room for growth. And the anonymity of XMR currency can make the sender, receiver and transaction amount of the transaction anonymous, making it difficult to track and identify. For privacy-conscious investors, XMR coin is a great investment option.

XMR currency uses a technology called "prevention of double-spending attacks" to ensure that every transaction is authentic and valid, avoiding fraud. In addition, Monero uses a strong encryption algorithm to ensure the safety of transactions and currency holders' funds.

Monero has an active community dedicated to developing and improving the project. This community support means developers and users can work together to drive Monero’s growth and ensure its long-term sustainability.

The above is the detailed answer of the editor of the currency circle to the two questions of whether Monero has long-term value and whether XMR currency has investment value. Monero is a cryptocurrency that pays great attention to privacy. Monero can be said to be one of the most private currencies in the entire encryption industry. The main technology used by Monero is ring signature technology. This technology will copy each transaction of Monero to multiple users, so that everyone looks like a trader, and someone wants to track the transaction. sources will also become more difficult. However, because of its anonymity, Monero has become a thorn in the side of many national governments, and many countries have banned exchanges from trading Monero.