Monero profile
Monero Profile (XMR)
Rating: B | Very Good
Cryptocurrency Balanced Mid Cap
Project Safety Score

Wed, Jan 26, 2022 5:41 AM

B
Rating Very Good
Market Cap $2609778235.4714
24hr Volume $212947765.05726
Price $144.43619796343
Review

Monero

coin

1stgen blockchain

Monero (XMR) is a private, secure and untraceable cryptocurrency that was launched April 18, 2014 as a fork of ByteCoin. It is an open-source, privacy-oriented digital currency built on a blockchain that is designed to be opaque. Monero works as a privacy-oriented cryptocurrency by using ring signatures, stealth addresses and ring confidential transactions. These innovations hide the digital signature, the destination address and the amount of the transaction.

Read more in the whitepaper:
https://github.com/monero-project/research-lab/blob/master/whitepaper/whitepaper.pdf

Monero Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Monero Safety Report

Monero has a safety score of 7.81

Monero is a mid cap cryptocurrency coin.

Monero is suited to a balanced investment style.


Monero Profile

This profile has all the the data required to perform a thorough analysis.


Monero Red Flags

There are currently no Monero red flags.


Monero Development Score

The Monero project has 18 active source code repositories.

The most recent commit was Mon, Jan 24, 2022 8:25 PM

  • 948 Watchers
  • 8977 Stars
  • 850 Mentionable Users
  • 0 Vulnerabilities
  • 60 commits in the last 28 days.
Highlights:
  • extremely high stars
  • very high watchers
  • high mentionable users
  • extremely high repo stars
  • daily repo updates

Monero Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • An ok collection of articles to be fairly confident of the sentiment
  • The overall sentiment is very positive

Monero Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Monero?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Monero has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high reddit articles
  • extremely high hashtag tweets
  • extremely high gitHub account watchers

Monero Awareness Score

The awareness score indicates how well Monero is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Monero is but a good measure of longevity is how well the project is known by the general public.

Overall Monero this project is has some exposure in the wider population. In general as the project grows the community score will increase or if the community looses interest then it can of course decrease.

Highlights:
  • high number of headlines about Monero
  • below average search result total
  • good number of news articles mentioning Monero
  • very low number of Monero YouTube videos

Monero Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Mature project age (released May 21, 2014)

Monero Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • very good USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Monero Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

XMR
Member Ratings (XMR)

3.13/5

15 reviews
Ratings and reviews left by our members do not impact the profile score.

Boating accidents

Thu, Aug 26, 2021 7:55 AM
Monero has strong community ethos for privacy and immutability, and a network that's actually decentralized, i.e. you can even mine with an android phone. For introductory reading material, would recommend looking up the "Mastering Monero" series. For watching/listening material, would recommend looking up "Dr Daniel Kim" for his introductory talks.
2 0

Nicolas Van Saberhagen

Sun, May 9, 2021 2:18 PM
Best "privacy coin" (negating the fact that money SHOULD be private) that currently exists. Amazing community that will help you with anything,
3 0

Richard

Sat, Feb 20, 2021 5:27 PM
Great fundamentals, unbeatable on privacy, growing market cap. Number 1 currency on the darkweb and superb store of wealth. Monero is my coin of choice.
3 0

Rottensox

Mon, Feb 8, 2021 7:54 AM
Monero is a very easy to use cryptocurrency that preserves your privacy.
3 0

Paul Yellen

Mon, Jan 25, 2021 12:48 AM
Easily the best coin. Only one that offers true privacy. Relatively quick to transfer. Fungible. Doesn't fall into ASICs mining trap, the deflation trap (by capping supply) nor the miners trap (keeps incentive for miners). It is not that correlated to BTC and other coins (therefore less volatile). It is pretty affordable now. It's secure. It has an ability to view someone's wallet for tax investigation (& therefore practical purpose). It has superior technology to secure privacy to the sender and receiver and clouds the amount (similar to secrecy banking so popular in Financial hubs). It's open-sourced, truly decentralized and has the ability to have updates every 6 months from hardworking volunteers in a sense. It is protected from 51% attacks. It has a vocal community critical of it's use and therefore seeks to improve by those individuals who are 'in-the-know'. It now has the innovative ability to transfer to and from bitcoin therefore increasing supply & like i said, has the ability to continue production of new coins via PoW format. I'm forgetting some other things too... but the main thing is it's NOT a surveillance coin. It's set to work as money, or have the anonymity of cash but not get you rich through schemes. It is not a scam.
4 0

ALEXANDROS PAPADOPOULOS

Sat, Jan 16, 2021 7:44 PM
Best community driven coin ever!
6 0

Adam

Sun, Jan 10, 2021 3:39 AM
The only really privacy-protecting cryptocurrency. Fast, secure and reliable. Big governments hate it for a reason.
6 0

Roeland Creve

Fri, Dec 25, 2020 11:09 PM
One trick pony with a scammy launch. Google "cripplemine". Early miners were intentionally given a broken miner so the inner circle of anonymous devs could mine at full speed. Not a speculation but irrefutably proven by submitted code and thus undeniable. Toxic community attacking competing projects and spreading ridiculous lies, even as much as projecting their own scammy launch onto others. Privacy scheme will be retroactively broken, too. Privacy with a time limit. Steer clear.
2 12

Samuel

Thu, Nov 7, 2019 7:27 PM
Lost cryptocurrency ? No problem , chargebackguaranteed,info will recover your money .
0 12

John R.

Mon, Aug 26, 2019 10:36 PM
Yes, hell yes! One of the biggest scams next to LTC and bitconnect. Their privacy doesn't work, their community is completely toxic, stay the F away from Monero!!
0 14


100%

Profile Status

How complete is this profile:

No missing data points

Member Signals

3.13/5

(15 reviews)
Member Ratings
Market Cap Rank:
44
Voted:
moon
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.

Monero Reddit

Monero Github

Monero News

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