MONA

MonaCoin price
MONA
#911

$0.3756  

0.43% (1d)

MonaCoin to USD Chart

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MonaCoin statistics

Market cap
$24.69M

0.43%

Volume (24h)
$408.01K

25.67%

FDV
$39.48M
Vol/Mkt Cap (24h)
1.65%
Total supply
65.73M MONA
Max. supply
105.12M MONA
Circulating supply
65.73M MONA
62.52822951975647%
MONA to USD converter
MONA
USD
Price performance
24h 
Low
$0.3563
High
$0.3853
All-time high
Dec 06, 2017 (7 years ago)
$20.23
-98.14%
All-time low
Jan 14, 2015 (10 years ago)
$0.0196
+1816.3%
See historical data


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About MonaCoin

What Is MonaCoin (MONA)?

MonaCoin (MONA) is an open-source decentralized cryptocurrency and a peer-to-peer (p2p) payment network. Launched in January 2014 with no pre-mine process, MonaCoin is built on an algorithm called Lyra2RE (v2), and is based on a hard fork of Litecoin.

The MonaCoin payment network is entirely decentralized. Like most decentralized projects, it doesn’t belong to one single person, but belongs to all users. Moreover, the peer-to-peer technology behind MONA makes the platform independent and self-governing. New coins are issued collectively with the users of the system as payment for mining.

Miners earn 25 coins for every 90 blocks processed; block generation time is 1.5 minutes and mining difficulty depends on each block.

The MonaCoin community is the most active and engaged cryptocurrency user association in Japan with impressive support from local investors and crypto enthusiasts. The project gained public attention when it was featured on the WBS TV Network Tokyo, which presented the story of a man who bought a piece of land in Nagano with MonaCoin.

Who Are the Founders of MonaCoin?

MonaCoin was launched on January 1, 2014, based on a cat-like internet meme -- specifically, the popular ASCII art character, Mona.

MONA is the first alternative cryptocurrency developed in Japan. The project was created covertly by a user named 'Mr. Wantanabe'. As of October 2021, the development team remains completely anonymous. There is no information about the founder, no details about the number of participants as well. The names, photos or social media pages of the MonaCoin team are not available.

What Makes MonaCoin Unique?

MonaCoin (MONA) is a cryptocurrency developed in Japan that has earned a reputation and has gathered a community of fans mainly in its homeland. Due to the formidable fanbase, MonaCoin users managed to create several MONA-based web applications and services, which significantly increased the utility of the project.

Dedicated community. MonaCoin is supported by its community, relying primarily on its supportive and loyal users, in contrast to projects that rely on the support of an outside development team and third-party system.

 
 
 
 
 
 

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