Rank #11648
mona MonaCoin
$ 0.1375
0.051176 BTC
117 satoshies
Market Cap
-
24 Hour Trading Vol
154,284.0736 $
Circulating Supply
-
Total Supply
105,12 MLN.
Max Supply
-
Fully Diluted Valuation
14,65 MLN. $
Low
Range
High
Info
1h
24h
7d
1m
1y
max
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MonaCoin Price Statistics
0.1375 $
0.1355 $ / 0.2005 $
154,284.0736 $
#11648
16.45 $
-99.16%
06 December, 2017, (8 years ago)
0.02094 $
556.91%
08 January, 2015, (11 years ago)
MonaCoin Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
MonaCoin Performance
Trading Pair
day
week
month
mona
/
usd
-5.75%
-17.59%
-23.35%
mona
/
btc
-5.75%
-17.59%
-23.35%
mona
/
eth
-5.75%
-17.59%
-23.35%
About Coin
MonaCoin is an open source digital currency and a peer-to-peer (p2p) payment network. Dubbed by its creators as “the first Japanese cryptocurrency,” the coin has become somewhat of Japan’s national alternative to Bitcoin or Litecoin. Like its predecessors, the coin was created purely to serve as P2P electronic cash, a decentralized digital currency aimed at Japanese citizens. There are a few key differences that set it apart from the coins that came before it, and this guide is dedicated to drawing out these differences. Conceived in December of 2013, Monacoin was officially born on January 1st, 2014 with no premine.
A Bitcoin Talk Forum on the same date details the coin’s launch and its specifications. A soft fork was executed at block 937440 to implement Segwit, a move made to keep it in line with Bitcoin, Litecoin, Vertcoin, and other payment-focused cryptocurrencies. In addition, the Monacoin team has reportedly implemented the Lightning Network for their coin. Speaking of soft forks, Monacoin is actually a hard fork of Litecoin, something we’ll take into account further as we look into its specs below. Monacoin was originally founded by the pseudonymous Mr. Wantanabe, no doubt in homage to Bitcoin’s Satoshi Nakamoto. Besides this pen name, the rest of the coin’s team is completely anonymous, so there’s nothing to report on here. In addition, the project has no visible roadmap on its site or anywhere else online. The team does seem to stay on top of updates and upgrades, however, as the Segwit and Lyra2REv2 updates and Lightning Network implementation suggest.
It is popular in Japan where it was developed. It Uses Lyra2REv2 and Dark Gravity Wave v3 algorithm to ensure fairer mining opportunities, success rate and difficult levels of mining process respectively. Monacoin is the first cryptocurrency from Japan. It has received wide support and success in the country and is not crossing the national boundary to try and become a global phenomenon. While that is not going to happen in the next year or two, it does have the making of a good crypto token. It is steadily improving its service and has constantly strived to give its users the best possible experience. When Scrypt compliant ASIC miners appeared they switched to Lyra2REv2 to ensure the mining MONA remains a fair battle between miners from around the world. The instance of a Japanese national using Monacoin to buy land made news in the country and beyond, spreading the popularity of the coin.
Where is MonaCoin available for purchase?
You can exchange MONA tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading MonaCoin is Bitbank, notably the MONA/JPY pair, which saw a trading volume of $ 344,137 in the past day. Additionally, CoinEx and GMO Japan are popular alternatives for trading tokens.
What is the highest value MonaCoin (MONA) has ever reached?
MonaCoin (MONA) reached its peak price at 16.45 $ on 06 December 2017, approximately 8 years ago ago. Presently, the current price is -99.16% lower than this all-time high.
What is the historical minimum price for MonaCoin (MONA)?
The minimum price reached for MonaCoin (MONA) was 0.02094 $, documented on 08 January 2015, more than 11 years ago. In comparison, the current price is 556.91%, it above this historical low.
What is the fully diluted valuation of MonaCoin (MONA)?
The fully diluted valuation (FDV) of MonaCoin (MONA) stands at $ 14,65 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of MONA tokens. The realization of this FDV might take several years depending on the emission schedule of MONA tokens.
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