MoneroV

Halal Rating :
Questionable
Last Price $0.24 Last updated:
Rank 2067
1D Change 0.00 %
Market Cap $658,886
Circulating supply 2,700,000
Maximum supply None

Crypto Overview

Overview

MoneroV was announced as a hard fork of Monero (XMR) that was supposed to occur at block 1564965 in April 2018. It claimed to solve Monero's scalability issues through a different block size adjustment algorithm and promised improved privacy features.

Current Status

After extensive research, I cannot find any evidence that MoneroV (XMV) successfully launched or is currently active. The project appears to have been abandoned before or shortly after its intended fork date. There is no functional blockchain, no active development, no working website, and no verifiable trading activity.

Intended Purpose and Utility

The stated purpose was to create a more scalable privacy-focused cryptocurrency based on Monero's codebase. However, since there is no evidence of an actual functioning product, we cannot evaluate any real utility.

Development Activity

There is no observable development activity. The original project repositories and communication channels appear to be inactive or defunct.

Rating Justification

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