Monero is a privacy coin that works thru proof of work. There is 16,234,888 XMR coins circulating in supply. Here are a few highlights to the coin
Alt coin Review Date: 7/17/2018
Coin Price at time of Review
Monero's value is 2 billion which is very large for an altcoin, however its completely justified. Not only is XMR faster with better features, its ASIC resistant, and totally open sourced. 1,000 transactions isn't faster than a visa card but its a great starting point. Further more, privacy coins are an important part of the market and they are known as the best of the privacy coin. I can recommend for people investing in alt coins to purchase XMR at these prices. However, remember to diversify, no crypto is such a sure winner that you should go all in on.
About the author:
Stephen Reynolds has over 20 years of online stock/option trading and been trading in cryptocurrency since 2013. He is a licensed broker, who has his 7, 11, and 63 licenses. He is the founder and CEO of Gitsumm Inc (2011).