MONA

MonaCoin price 
MONA

$0.3564  

10.96% (1d)

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MonaCoin statistics
Market cap
 

10.96%

$23,423,109
#856
Volume (24h)
 

17.04%

$2,243,402
#913
Volume/Market cap (24h)
 
9.58%
Circulating supply
 
65,729,675 MONA
62.53%
Total supply
 
65,729,675 MONA
Max. supply
 
105,120,000 MONA
Fully diluted market cap
 
$37,460,055
MONA to USD Converter
MONA
USD
Price performance
24h 
Low
$0.3554
High
$0.4219
All-time high
Dec 06, 2017 (6 years ago)
$20.23
-98.24%
All-time low
Jan 14, 2015 (9 years ago)
$0.0196
+1718.19%
See historical data
Popularity
In watchlists16,586x
1536th / 9.1K
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MonaCoin news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

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.

Distinctive features of MonaCoin include:

Fast transaction processing. The blocking time for MONA is 1.5 minutes. Plus-- MonaCoin supports both public and private transactions.

Widespread deployment. The cryptocurrency has existed since 2013. Therefore, over the years, MONA has pursued the goal of becoming a convenient and inexpensive cryptocurrency for the Japanese audience.

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.