Positive MonaCoin opinions
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So far,1 of opinions have been recorded for MonaCoin. These opinions are not investment recommendations but the community's perspective on MonaCoin. Please do not make a purchase decision based on these MonaCoin opinions.
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MonaCoin opinion #1
MonaCoin is a primarily Japanese coin, which could be described as a hybrid of Dogecoin and Litecoin.
The PR or branding was based on Dogecoin and the dog was replaced by a typical Japanese cat. The codebase was forked from Litecoin and extended with faster block times.
The genesis of Monacoin is also very interesting because it started almost clichéd on the imageboard 2-Challen ( akin to 4Chan ) and became one of the most popular crypto currencies in the first big crypto-hype, particularly in Japan. In the times of Mt. Gox, MonaCoin even appeared on Japanese television and was used for property purchases.
From a technical point of view MonaCoin is actually quite attractive. The code is available at https://github.com/monacoinproject/monacoin and has received regular updates.
MonaCoin is also traded on some exchanges, providing quite some liquidity. The trading volume is almost always over 3% of the total volume in circulation.
One could describe MonaCoin therefore as a high quality shitcoin / altcoin with great popularity in Japan and a decent trading volume.