Mong Coin Market Cap has been on the rise, with its current market capitalization standing at $10 million. This is a significant increase from its initial market capitalization of $1 million.
The market capitalization of Mong Coin is calculated by multiplying the total number of coins in circulation by the current market price. As the price of Mong Coin fluctuates, so does its market capitalization.
Mong Coin's market capitalization is a key indicator of its overall health and value in the cryptocurrency market. A higher market capitalization can indicate a more stable and widely accepted coin.
The Mong Coin market capitalization is also influenced by the total supply of coins, which is capped at 1 billion. This limited supply can contribute to the coin's potential for long-term growth.
Intriguing read: 1 Inch Coin Market Cap
What is Mong Coin?
Mong Coin is a cryptocurrency that operates on the Binance Smart Chain, allowing for fast and low-cost transactions.
It was launched in 2021 by a team of developers who aimed to create a decentralized platform for exchanging value.
Mong Coin's primary use case is as a store of value and medium of exchange, similar to traditional fiat currencies.
Its total supply is capped at 10 billion coins to prevent inflation and maintain scarcity.
See what others are reading: Enterprise Value vs Market Cap
Market Data
The current market data for MongCoin is quite interesting. The live price of $MONG is $0.00000000741 USD, which is a significant drop of -8.11% over the last 24 hours.
In terms of market capitalization, MongCoin's current market cap is $4,307,055.63 USD, ranking it at #1502 on CoinMarketCap. This is a notable position, considering the vast number of cryptocurrencies out there.
MongCoin's trading volume for the past 24 hours is $781,081.10 USD, which is a decent amount of activity. However, its volume-to-market-cap ratio is relatively low at 0.18135.
Here's a quick rundown of MongCoin's market data:
MongCoin's total supply is a massive 690 trillion $MONG, with 581 trillion already in circulation.
Mon Protocol Technology
Mon Protocol Technology is a game-changer in the world of market data. It's a decentralized data exchange protocol that enables the secure and efficient sharing of market data.
Mon Protocol's key innovation is its use of a decentralized data network, which allows for real-time data sharing and reduces the need for intermediaries. This approach makes it possible to access a vast array of market data from multiple sources.
The protocol's architecture is designed to be highly scalable and fault-tolerant, with a consensus mechanism that ensures data integrity and accuracy. This enables users to trust the data they receive.
Mon Protocol's technology has the potential to revolutionize the way market data is shared and utilized, making it a crucial component of any market data strategy.
Altcoin Là Gì?
Altcoin được tạo ra từ mã nguồn mở của Bitcoin, cho phép người khác sử dụng và chỉnh sửa phần lớn mã để tạo ra đồng tiền riêng của mình. Đồng tiền đầu tiên là Bitcoin.
Người tạo ra altcoin thường sửa đổi một hoặc hai tính năng của Bitcoin, như Litecoin, trong khi những đồng tiền khác lại có mô hình bảo mật, phát hành và quản trị khác biệt.
Consider reading: Bitcoin Market Cap History
Stablecoin Là Gì?
Stablecoin là loại tiền điện tử được thiết kế để giữ giá trị ổn định, không bị ảnh hưởng bởi sự biến động của thị trường tiền điện tử.
Mục tiêu chính của stablecoin là giảm thiểu rủi ro vốn bị mất do giá trị của tiền điện tử giảm xuống.
Stablecoin được phát hành bởi các công ty tài chính và tổ chức tài chính.
Một số stablecoin phổ biến bao gồm USDT, USDC và DAI.
Stock Symbol or Ticker
If you're looking for the stock symbol or ticker of a particular stock, it's usually a simple code that identifies the company on the stock exchange. The stock symbol for MongCoin is $MONG.
To find the stock symbol, you can check the stock exchange's website or look it up online. The ticker symbol for MongCoin is $MONG.
Having the stock symbol handy can be super helpful when tracking your investments or researching a company.
Here's an interesting read: Stock Market Falling
Market Cap and Circulation
There are 581.2M Mong Coin tokens already in the market.
At the moment, 581.2 million Mong Coin tokens are already in circulation, which is a significant portion of the total 690T $MONG in existence.
Historical Data
The live MongCoin (MON) price today is $0.089839 USD with a 24-hour trading volume of $2,565,915 USD.
Analyzing MongCoin's price history is crucial before making a buying decision, and there are two main approaches: technical analysis and fundamental analysis.
To apply technical analysis, look for recurring patterns in the price history, such as dramatic price drops followed by a sustained rise to new highs.
Analysing History
Analyzing historical data is crucial before making any investment decisions. It's worth doing your homework and looking for recurring patterns in the price history.
Two commonly used techniques for analyzing crypto price performance are technical analysis and fundamental analysis. Most investors find it best to apply both techniques when evaluating a purchase or sale.
Dramatic price drops and periods of high volatility can be followed by a sustained rise to new highs. There's no guarantee that the pattern will be sustained in the future, but it's worth considering if it has been consistent in the past.
Analyzing the price history can help you make a more informed decision about your investment. By looking at the patterns and indicators, you can get a better sense of whether the price of your investment is more likely to rise or fall.
If this caught your attention, see: Gold Coins as an Investment
Quarterly Returns
In the world of cryptocurrency, understanding historical data is crucial for making informed investment decisions. One key aspect of historical data is quarterly returns.
MON, a cryptocurrency, has seen significant fluctuations in its price over time. In the last 24 hours, its price dropped by 9.88%.
The price of MongCoin has also been volatile, with a 24-hour dip of -8.11% and an hourly dip of -0.23%. This volatility can be a concern for investors.
Analyzing price history is essential before investing in any cryptocurrency. Technical analysis and fundamental analysis are two commonly used methods for evaluating price performance.
Here's a brief look at MongCoin's quarterly returns:
It's worth noting that MongCoin's all-time high was $0.000000354, which is a significant increase from its current price of $0.00000000741.
Price and Value
The price and value of MongCoin are quite volatile, with its current price sitting at $0.00000000741 USD. This is a significant decrease from its all-time high of $0.000000354 USD, which is down by 97.91%.
MongCoin's market capitalization is currently at $4,307,055.63 USD, ranking it #1502 in the market capitalization list. The 24-hour trading volume is a respectable $781,081.10 USD.
The circulating supply of MongCoin is a staggering 581,196,039,603,956 units, while the total supply is capped at 690,000,000,000,000 units. This means that the market is still quite open, with plenty of room for growth.
Here's a breakdown of MongCoin's price and value metrics:
It's worth noting that MongCoin's price can fluctuate rapidly, so it's essential to stay up-to-date with the latest market trends.
Converter
The Converter is a powerful tool for anyone interested in the MongCoin market. You can use Digitalcoinprice's Cryptocurrency Converter Calculator to convert $MONG to other cryptocurrencies, such as $MONG to AITECH, $MONG to BTC, or $MONG to ETH.
With the Converter, you can easily see how many cryptocurrencies 1 $MONG is equivalent to, making it a valuable resource for traders and investors. You can also convert and check any crypto pairs, including $MONG to SOL, $MONG to SUI, or $MONG to ONT.
To buy MongCoin, you can use various payment methods, including SEPA bank transfer, Visa, MasterCard, Apple and Google Pay, or Skrill. This makes it convenient to top up your Web3 Wallet and start trading.
You can also use the Converter to sell your MongCoin for euros in seconds, easily withdrawing to your bank account or bank card. This simplifies your life and makes it easy to manage your MongCoin investments.
Frequently Asked Questions
Is Mong a good investment?
MongCoin is primarily for entertainment, not a financial investment. Consider it a meme coin with no expectation of returns, and no formal team or roadmap to guide its development.
Where can I buy moong coin?
You can buy Moong Coin (MONG) on popular exchanges like HTX, Uniswap V2, and MEXC, with HTX being the most active platform. Check out these exchanges for the latest trading options and volumes.
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