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Stellar {XLM} rushes past Monero {XMR} ; Monero Coffee Chat streamed LIVE more than 12 hours ago

Stellar is henceforth at #10 on coinmarketcap. The price surged by 4.25% in the course of the past 24-hours. The trading volume recorded is $118.782 million, while the supply presently has 19,636,142,041 XLM coins involved. For now, the total market cap of Stellar is $1.410 billion. As of this moment, XLM is priced at $0.071815.

Monero has begun its climb in the green zone; the price jumped up at a rate of 0.21% which brought XMR all the way up to $80.49. The trading volume recorded is $94.462 million, whereas the supply has 17,173,095 XMR coins in circulation. There is no limit in terms of supply associated like Monero [similar to Ethereum]. The total market cap of Monero is $1.382 billion.

Stellar.org is essentially just like Ripple; both were founded by Jed McCaleb. These projects have a pre-mined total supply and a periodic dump process. XRP and XLM are primarily used for cross-border transfers and even microtransactions. While Ripple has partnered up with more than a dozen banks so far, Jed is yet to rope in big names associated with the financial sector.

The Mt. Gox hack plagues McCaleb’s career even today.

The Monero Community Workgroup live-streamed the Monero Coffee Chat around 16 hours ago on YouTube. You can watch the full video right here. A recap of events that transpired at DEFCON this year was part of the discussion, alongside progress and updates planned for the foreseeable future. The meeting included experienced members who are vital cogs within the Monero Community.

Monero was ranked at #10 for days. Do you think XMR can inch closer to its old position any time soon?

Disclaimer - OBN is an informational website which aims to give the latest blockchain related news to the readers. Articles on OBN should not be considered as investment advice. Trading cryptocurrencies is a high-risk investment, every user is advised to consult an expert before making any decisions.