- Monero was built with the simple goal of allowing transactions to be conducted discreetly.
- As cybersecurity has become crucial, Monero claims that privacy and security are its top priority.
- A team of seven developers reportedly created Monero, and most remain anonymous.
As the trading activity has picked up in the cryptocurrency market over the last two days, the prices of some virtual currencies are rising and gaining traction among crypto enthusiasts. At 10 AM EST, Monero (XMR) crypto appeared to have caught the attention of potential investors as its price gained 8.3 per cent, trading at US$ 124.13 per token.