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In Japan, the MonaCoin electronic payment system is actively popularized. The coin acts as a settlement tool when buying offline/online products on virtual trading floors, the number of which is growing steadily. Transactions are conducted through the Zaif terminal, which carries out financial transactions in Japan with the participation of cryptocurrencies.
Recently, the price of MONA cryptocurrency reached more than $2. What are the prospects of Monacoin crypto? You can find out all about MonaCoin future in this price prediction for the next five years.
MonaCoin (MONA) Overview
Our real-time MONA to USD price update shows the current Monacoin price as $0.418269 USD.
According to our Monacoin price prediction, MONA price is expected to have a -8.27% decrease and drop as low as by May 21, 2023.
Our analysis of the technical indicators suggests that the current market feeling is Bearish Bearish 59%, with a Fear & Greed Index score of 48 (Neutral).
Over the last 30 days, Monacoin has had 11/30 (37%) green days and 5.35% price volatility.
Monacoin (MONA) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Monacoin (MONA) Price Prediction For Today, Tomorrow and Next 30 Days
MonaCoin Prediction Table
MonaCoin Historical
According to the latest data gathered, the current price of MonaCoin is $$0.42, and MONA is presently ranked No. 533 in the entire crypto ecosystem. The circulation supply of MonaCoin is $27,327,320.45, with a market cap of 65,729,675 MONA.
In the past 24 hours, the crypto has increased by $0.0010 in its current value.
For the last 7 days, MONA has been in a good upward trend, thus increasing by 2.89%. MonaCoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of MONA has increased by 14.24%, adding a colossal average amount of $0.06 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
MonaCoin Price Prediction 2023
According to the technical analysis of MonaCoin prices expected in 2023, the minimum cost of MonaCoin will be $0.330506946. The maximum level that the MONA price can reach is $0.3973132647. The average trading price is expected around $0.4641195834.
MONA Price Forecast for May 2023
Based on the price fluctuations of MonaCoin at the beginning of 2023, crypto experts expect the average MONA rate of $0.3896040357 in May 2023. Its minimum and maximum prices can be expected at $0.3763303632 and at $0.4028777082, respectively.
June 2023: MonaCoin Price Forecast
Cryptocurrency experts are ready to announce their forecast for the MONA price in June 2023. The minimum trading cost might be $0.330506946, while the maximum might reach $0.4558589495 during this month. On average, it is expected that the value of MonaCoin might be around $0.3931829478.
MONA Price Forecast for July 2023
Crypto analysts have checked the price fluctuations of MonaCoin in 2023 and in previous years, so the average MONA rate they predict might be around $0.4604481906 in July 2023. It can drop to $0.4567767978 as a minimum. The maximum value might be $0.4641195834.
August 2023: MonaCoin Price Forecast
In the middle of the year 2023, the MONA price will be traded at $0.4593363684 on average. August 2023 might also witness an increase in the MonaCoin value to $0.4612244796. It is assumed that the price will not drop lower than $0.4574482573 in August 2023.
MONA Price Forecast for September 2023
Crypto experts have analyzed MonaCoin prices in 2023, so they are ready to provide their estimated trading average for September 2023 — $0.4554972091. The lowest and peak MONA rates might be $0.4536720349 and $0.4573223832.
October 2023: MonaCoin Price Forecast
Crypto analysts expect that at the end of summer 2023, the MONA price will be around $0.4516580497. In October 2023, the MonaCoin cost may drop to a minimum of $0.4497699385. The expected peak value might be $0.4535461608 in October 2023.
MONA Price Forecast for November 2023
Having analyzed MonaCoin prices, cryptocurrency experts expect that the MONA rate might reach a maximum of $0.4496440644 in November 2023. It might, however, drop to $0.4459937162. For November 2023, the forecasted average of MonaCoin is nearly $0.4478188903.
December 2023: MonaCoin Price Forecast
In the middle of autumn 2023, the MonaCoin cost will be traded at the average level of $0.4439797309. Crypto analysts expect that in December 2023, the MONA price might fluctuate between $0.4420916197 and $0.4458678421.
MonaCoin Price Prediction 2024
After the analysis of the prices of MonaCoin in previous years, it is assumed that in 2024, the minimum price of MonaCoin will be around $0.779922. The maximum expected MONA price may be around $0.89991. On average, the trading price might be $0.79992 in 2024.
MonaCoin Price Prediction 2025
Based on the technical analysis by cryptocurrency experts regarding the prices of MonaCoin, in 2025, MONA is expected to have the following minimum and maximum prices: about $1.16 and $1.35, respectively. The average expected trading cost is $1.19.
MonaCoin Price Prediction 2026
The experts in the field of cryptocurrency have analyzed the prices of MonaCoin and their fluctuations during the previous years. It is assumed that in 2026, the minimum MONA price might drop to $1.63, while its maximum can reach $1.96. On average, the trading cost will be around $1.68.
MonaCoin Price Prediction 2027
Based on the analysis of the costs of MonaCoin by crypto experts, the following maximum and minimum MONA prices are expected in 2027: $2.86 and $2.35. On average, it will be traded at $2.44.
MonaCoin Price Prediction 2028
Crypto experts are constantly analyzing the fluctuations of MonaCoin. Based on their predictions, the estimated average MONA price will be around $3.54. It might drop to a minimum of $3.42, but it still might reach $4.11 throughout 2028.
MonaCoin Price Prediction 2029
Every year, cryptocurrency experts prepare forecasts for the price of MonaCoin. It is estimated that MONA will be traded between $5.07 and $6.05 in 2029. Its average cost is expected at around $5.24 during the year.
MonaCoin Price Prediction 2030
Cryptocurrency analysts are ready to announce their estimations of the MonaCoin’s price. The year 2030 will be determined by the maximum MONA price of $9.02. However, its rate might drop to around $7.34. So, the expected average trading price is $7.55.
MonaCoin Price Prediction 2031
After years of analysis of the MonaCoin price, crypto experts are ready to provide their MONA cost estimation for 2031. It will be traded for at least $10.27, with the possible maximum peaks at $12.63. Therefore, on average, you can expect the MONA price to be around $10.65 in 2031.
MonaCoin Price Prediction 2032
Cryptocurrency analysts are ready to announce their estimations of the MonaCoin’s price. The year 2032 will be determined by the maximum MONA price of $18.18. However, its rate might drop to around $15.05. So, the expected average trading price is $15.47.
MonaCoin (MONA) Fundamental Value
The release of MONA took place on January 1, 2014 at ni-channeleru – the local network mega-forum (more than 600 platforms announced), which was the first to offer the settlement with this coin. After advertising on WBS TV Network Tokyo, a lively interest in the first national cryptocurrency swept the whole country and attracted the attention of investors from other countries.
The first Japanese cryptocurrency is a fork of LTC and is an open-source decentralized 2P2 ecosystem. The idea of creation belongs to Mr. Watanabe (not a rare nickname in Japan). It has not yet been possible to establish the real identity of the author. There is a certain parallel with the founder of Bitcoin, Satoshi Nakamoto, who also keeps incognito.
The mentality of Japanese citizens seeking to use exclusively domestic products explains the emergence and implementation of the idea. The Japanese have long needed their own cryptocurrency, with which they can pay for goods and services.
The incognito of the author of the cryptocurrency MonaCoin is not the only dubious merit of the project. It is also impossible to establish the identities of the development team. The roadmap is for internal use only, the plans of the developers remain a secret to the public.
As a fork of LTC, the MonaCoin cryptocurrency is based on the Litecoin electronic blockchain chain. Technical parameters of Blockchain MonaCoin are presented in the table:
MonaCoin (MONA) Price Analysis
According to the latest data gathered, the current price of MonaCoin is $$0.42, and MONA is presently ranked No. 533 in the entire crypto ecosystem. The circulation supply of MonaCoin is $27,327,320.45, with a market cap of 65,729,675 MONA.
In the past 24 hours, the crypto has increased by $0.0010 in its current value.
For the last 7 days, MONA has been in a good upward trend, thus increasing by 2.89%. MonaCoin has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of MONA has increased by 14.24%, adding a colossal average amount of $0.06 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
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FAQ
MonaCoin price now
As of now, MonaCoin (MONA) price is $0.42 with MonaCoin market capitalization of $27,337,590.53.
Is MonaCoin a good investment?
The forecast for MonaCoin price is quite positive. It is expected that MONA price might meet a bull trend in the nearest future. We kindly remind you to always do your own research before investing in any asset.
Can MonaCoin rise?
It seems that the average price of MonaCoin might reach $0.529947 in the end of the year. In five-year plan perspective, the cryptocurrency could probably rise up to $2.44. Due to price fluctuations on the market, please always do your research before invest money in any project, network, asset, etc.
How much will MonaCoin be worth 2023?
MONA minimum and maximum prices might hit $0.509949 and $0.59994 accordingly.
How much will MonaCoin be worth 2025?
MonaCoin network is developing rapidly. MONA price forecast for 2025 is rather positive. The MONA average price is expected to reach minimum and maximum prices of $1.16 and $1.35 respectively.
How much will MonaCoin be worth 2030?
MONA is provided with suitable environment to reach new heights in terms of price. MONA price prediction is quite positive. Business analysts predict that MONA might reach the maximum price of $9.02 by 2030. Please take into account that none of the data provided above is neither fundamental analysis nor investment advice. None of the information provided is $7.55
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Source: https://changelly.com/blog/monacoin-mona-price-prediction/