MonaCoin Trading 15.6% Lower This Week (MONA)

MonaCoin (MONA) traded up 7.7% against the U.S. dollar during the one day period ending at 23:00 PM ET on May 12th. During the last week, MonaCoin has traded down 15.6% against the U.S. dollar. One MonaCoin coin can now be purchased for approximately $0.67 or 0.00002199 BTC on cryptocurrency exchanges. MonaCoin has a total market cap of $44.09 million and $550,185.00 worth of MonaCoin was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

  • Zcoin (XZC) traded flat against the dollar and now trades at $4.23 or 0.00022429 BTC.
  • Vertcoin (VTC) traded down 8.9% against the dollar and now trades at $0.15 or 0.00000485 BTC.
  • AICHAIN (AIT) traded 6.7% higher against the dollar and now trades at $0.0024 or 0.00000008 BTC.
  • CoinZoom (ZOOM) traded flat against the dollar and now trades at $225,092.29 or 0.00000028 BTC.
  • Coinversation (CTO) traded 20.4% lower against the dollar and now trades at $0.10 or 0.00000271 BTC.

MonaCoin Coin Profile

MonaCoin (MONA) is a proof-of-work (PoW) coin that uses the Lyra2RE hashing algorithm. It launched on January 1st, 2014. MonaCoin’s total supply is 65,729,675 coins. The Reddit community for MonaCoin is /r/monacoin and the currency’s Github account can be viewed here. The official website for MonaCoin is monacoin.org. MonaCoin’s official Twitter account is @_monappy_ and its Facebook page is accessible here.

According to CryptoCompare, “Monacoin, conceived in December of 2013, is the first alternative cryptocurrency developed in Japan. It is based on the popular ASCII art character, Mona.¬†Monacoin¬†is not a payment system controlled by one single entity, but a fully distributed payment system preserved by everyone who uses it via client applications running on their computers. “

Buying and Selling MonaCoin

It is usually not presently possible to purchase alternative cryptocurrencies such as MonaCoin directly using U.S. dollars. Investors seeking to acquire MonaCoin should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase MonaCoin using one of the exchanges listed above.

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