MonaCoin

MonaCoin is a cryptocurrency created in 2014, originating from the Japanese online community 2channel (now 5ch). It is designed for tipping and rewarding content within that community, featuring a cat mascot named Mona. It operates as a peer-to-peer digital currency similar to Litecoin.

MonaCoin uses a proof-of-work consensus mechanism with the Scrypt algorithm, similar to Litecoin. It is a fork of Litecoin, meaning it shares much of its underlying technology. Transactions are recorded on a public blockchain, and blocks are mined approximately every 1.5 minutes. The network aims for fast, low-cost transfers.

The primary use of MONA is as a tipping token on Japanese social platforms, especially 2channel/5ch, where users reward each other for quality content. It is also used for general transactions and as a medium of exchange among its community. Some merchants accept it as payment.

MonaCoin differentiates itself through its strong association with a specific online community and its cultural significance in Japan. Its cat mascot and community-driven focus set it apart. Unlike more general-purpose coins, it emphasizes social interactions, tipping, and microtransactions within that niche.

MonaCoin (MONA) is a cryptocurrency . Users are able to generate MONA through the process of mining. MonaCoin has a current supply of 65,729,674.

MonaCoin is currently priced at $0.06420, up 1.24% in the last 24 hours. It is ranked #1232 by market capitalization. Over the past 7 days, MONA is down 2.10%.

MonaCoin has a market capitalization of $4.22M. The 24-hour trading volume is $194.94, reflecting the total value of MONA traded across all exchanges in the last day.