This is daily Monacoin thread. The first Japanese cryptocurrency just reached its reward-halving point yesterday night GTM+9. Congratulations!
Mona halved and nothing changed. It is more rare now but that is all.
The halving was already calculated in the price. In fact it lost 60% of it's value now in 2 weeks showing how shit it really is.
The update site looks nice though so I guess we have that.
Did you literally buy at the ATH like a retard? Current price is still nearly 50% higher than where it was a month ago, and it's fairly stable in that it moons and then corrects to it's base, rather than dipping and then correcting lower. MONA is still one of the best established alts.
And to put that in perspective, over the same timeframe one-month:
BTC is down 20%
ETH is down 50%
LTC is up 10%
XRP is down 30%
XMR is down 20%
DGB is down 40%
STRAT is down 50%
DASH is down 8%
SC is down 60%
etc etc etc
MONA has gradually grown in value every month since January, before the recent crypto boom. She is one of a handful of coins primarily traded using fiat, not other currencies. She has real-world value and is being increasingly accepted at niche anime/hobby stores and ATMs, and will likely grow from there.
There are definitely more than 553 kawaii Mona pics!
Was anyone here trading MONA then? What exactly caused it to moon massively at that time?
Sorry, I forgot to read the x-axis. I'm a newcoiner
Nobody knows. If anybody does please be so kind d to share it here. I wonder why it mooned so hard before.
Either way, they only recently updated their site. It was like 5 years old, which means they have actual plans for it.
It should rise soon. Usually it follows BTC upwards, there's very few for sale as well.