Monero Price Rises 50% Amid Alleged Money Laundering Activities

The price of Monero, a privacy-focused cryptocurrency, has risen by over 50% overnight on several exchanges, leaving crypto enthusiasts in search of an answer to this sudden increase. Onchain sleuth ZachXBT alleged that this move had been caused by the swap of a high amount of bitcoin to XMR XMR - $398.872 propping up the price gains.

Source: news.bitcoin.com

Related symbols: XMRUSD

2025-04-28 08:53:02 GMT.

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Price & Market Data

Price: $398.872

Volume 24h: $133,032,785.27

Market Cap: $7,357,887,513.48

Description

Monero (XMR) is a cryptocurrency . Users are able to generate XMR through the process of mining. Monero has a current supply of 18,446,744.07370955. The last known price of Monero is 401.67096711 USD and is up 2.62 over the last 24 hours. It is currently trading on 318 active market(s) with $135,475,477.77 traded over the last 24 hours. More information can be found at https://www.getmonero.org/.