MonaCoin (MONA) Price
MONA RANK #1328The price of MonaCoin (MONA) is calculated in real-time by aggregating the latest data across 3 exchanges and 4 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. 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. 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 now crossing the national boundary to try and become a global phenomenon.
