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Monero ranks 36th among cryptocurrencies, with a market cap of over $2.5b. It last traded around $140.67 at the time of reporting.
It is a type of privacy coin, or tokens that represent a category of cryptocurrencies engineered toward user privacy and anonymity. These coins incorporate certain privacy-centric features aimed at enhancing anonymity and minimizing traceability. These features make it challenging to work out the sender, recipient, and transaction details.
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