MonaCoin Prediction 2018, MONA Forecast and Price Charts – When to buy MONA? What is the MONA price today? MONA Forecast, Short term and Long term Price Predictions for Next Months and Year: 2018, 2019 and 2020.
WHAT IS MONACOIN (MONA)?
MonaCoin (MONA) is a decentralized, peer-to-peer cryptocurrency made in Japan. It is a fork of Litecoin and was designed to handle transactions faster, and with lower fees than coins like Bitcoin. The platform also offers an online shop in which users can sell real things and are paid with the cryptocurrency. The company behind it is backed by around $800 million and daily trading of coins worth USD 9.6 million.
MONACOIN (MONA): HISTORY
The company was founded in 2013 by Mr. Watanabe who then was just a visitor on the 2-Channel bulletin board. Since then the currency has become a kind of sensation in Japan and around the world. It is accepted as a valid payment in almost all Japanese stores and even Twitter allows users to send contribution using it. The team behind it has also created monappy that allows extra functionality such as a web wallet.
HOW DOES MONACOIN (MONA) WORK?
The platform uses a proprietary algorithm named Lyra2RE(v2) and has a block time of 1.5 minutes per block. For every block accepted you get a reward of 25 MONA coins. There are only 105,120,000 total coins in existence and the subsidy halves every 1051k blocks which approximately will take three years. The difficulty retarget is estimated using the Dark Gravity v3 algorithm for every block.
HOW TO BUY MONACOIN (MONA)?
The best place to buy MonaCoin using other cryptocurrencies is Shapeshift.io. Install the official wallet from their website. Goto Shapeshift.io and choose your base currency and deposit an amount and hit receive. Enter the address of the wallet you created earlier and that’s it. Another way is to buy BTC or ETH and then send it to your Shapeshift.io deposit address.
MONACOIN (MONA) PRICE PREDICTION 2018
Monacoin is growing in popularity by the day in Japan and is finding its way around the world. The value as of 21-2-2017 is $5.71. You will get 17.5 MONA coins for an investment of 100 dollars. MonaCoin is set to see a long-term increase in price according to our forecasts. A five-year prognosis places the currency at 12.176 USD. The price today is 5.72 USD and has a supply of only 57,573,000 MONA tokens. The market cap is $328,483,327 and the trading volume is $19,345,000. MonaCoin price prediction, MONA price forecast, MONA price and news, MonaCoin price forecast, MONA price prediction 2018, What is the price of MonaCoin 2018.