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      Mariah Carey (among others) takes Monero past $300

      Vini Katyal by Vini Katyal
      December 7, 2017
      in Altcoin, Blockchain, Cryptocurrency, Uncategorized
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      Monero
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      This has been a killer week for Monero it has shot up from 150 dollars to around 310 dollars and a great new year awaits.

      Here we describe what XMR is and what to look forward to in 2018. The coin is currently the ninth largest cryptocurrency and has a price of around 284 dollars.

      About the coin

      • It is a secure, private, and untraceable cryptocurrency. It is open-source and accessible to all.
      • Only you control and are responsible for your funds. Your accounts and transactions are kept private from prying eyes.
      • It uses ring signatures and ring confidential transactions to obfuscate the amounts, origins, and destinations of all transactions.
      • Sending and receiving addresses as well as transacted amounts are obfuscated by default.
      • Transactions on its blockchain cannot be linked to a user or real-world identity.

      Mariah Carey and Monero

      • About 45 plus musicians have started accepting Monero as a currency on their websites for the holiday season, list includes Mariah and G-Eazy. He also said in a statement to Forbes “Given Monero is one of the safest, most secure and most private cryptocurrencies, it’s one of the best options for my fans this holiday season — and just in time for my new album.”
      • Monero also announced on its reddit that by September 2018 its transaction size would go down by 84% which is a big improvement.
      • Activity on Social media also has indicated the investor community has taken note of cybersecurity pioneer and electric personality John McAfee’s upbeat comments on the cryptocurrency.
        There is a sudden surge on Korean exchanges for buying the Cryptocurrency as well.

      Monero looks like a huge gainer in the times to come. Its price is expected to stay stable at around 260 – 270 dollars for a while

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