MonaCoin (MONA)

MONA price chart

MonaCoin ranks #179 of 484 cryptocurrencies. On a list that also counts tokens, memecoins, wrapped coins, staked derivatives and stablecoins it appears at #1301: 1122 of the 1300 assets ahead of it are not native coins but tokens or claims. A token is issued on a host blockchain rather than running its own; a claim stands for an asset already counted. Of the 1551 non-native assets CoinSpectrum lists above it by market cap, about 61% are tokens, 32% are claims on other assets, 6% are memecoins and 1% are NFT collections.

CoinSpectrum GradeA · 72/100 · provisional
Rank among cryptocurrencies#179
Rank counting claims#1301
Market capitalisation$4M
Price$0.0571
Circulating supply65,729,675 MONA
Maximum supply105,120,000 MONA
Consensus familyProof of Work
Consensus mechanismLyra2REv2
Own hashrate22 GH/s
Ledger typeSingle-asset ledger
Launch distributionNo premine

Market figures from the 10 November 2026 build. Open the live view for every exchange's price, and charts.

CoinSpectrum Grade (Source)

A — 72 out of 100, provisional (from 10 of 10 sections, 10 November 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 66 to 72 (A to A).

Section and criteriaScoreBasis
Consensus10average of 2 criteria
By leader (its largest chain's market cap) (Source)10Proof of work: 10 of 10 on the ladder of consensus families ranked by their largest chain's market cap
By family (all its chains' market cap) (Source)10Proof of work: 10 of 10 on the ladder of families ranked by the combined market cap of their chains
Supply9.4the supply scale times 0.9, and a point for a fixed cap that holds
Supply (21 million scores 10)9.3fixed maximum supply of 105 million
Distribution10average of 3 parts
Holder concentration (Source)–Not yet measured
Active addresses–Not yet measured
Premine (allocated at launch)100% of today's supply allocated at launch to founders, a company, a foundation or investors. No genesis allocation or presale: the genesis block (31 Dec 2013) pays the standard 50 MONA, mining opened publicly on 1 Jan 2014 (block 100 at 00:04 UTC) and every later block follows GetBlockSubsidy (50 MONA halving every 1,051,200 blocks). source
Fundraising (share sold) (Source)10No sale of the coin source
Developer share (after launch)10No developer share: every new coin goes to the miners or validators who produce blocks. The whole coinbase goes to the miner; no developer or foundation share exists in the consensus code. source
Decentralisation9average of 4 parts
Governance (Source)10No authority can halt the chain or freeze funds: No protocol-level party can freeze, blacklist or reverse coins. source
No central team (Source)10No central team: The client is maintained by volunteer developers in the monacoinproject GitHub organisation; no company or foundation controls it. source
Who can mint (Source)10Open to anyone with hardware: anyone can produce blocks by mining, no permission needed
Nodes (Source)5.958 reachable nodes (distinct IP addresses at the chain's tip, crawled by CoinSpectrum on 2026-11-08; clearnet only)
Security4.43.5 of 8 points source
Pool diversity (Largest pool 50% 0 to 20% 10, largest three 90% 0 to 50% 10; 2 points)1.3largest 42.3%, largest three 98.9%
Network activity (Transactions a day, 250 0, 500,000 or more 10; 2 points)0.2about 299 transactions a day
Hashrate (Own work 5, its power 1 kW 0 to 10 GW 5; 1 point)6.3own work 5; about 74.3 kW, 1.3 of 5; the largest on its algorithm
Clients (Separate code and teams 10, separate code or teams 9, a fork by the same team or a stale second 8; one client: a new version within 12 months 7, 24 months 6, none in 24 months 5, none in 48 months 3; a second in development +0.5, a second seen running +1, 8 at most with one client; chain ended 0; 1 point)6one client, no new version in 24 months (latest Oct 2024); monad, a second client, runs on 2 of 58 nodes at the tip (crawled 2026-11-08): one client 5, a second running 1
Open source (Node software)✓
No 51% attack (Nor a deep reorganisation, five years)✓
Scalability7.6average of 5 parts source
Fees ($0.001 or less 10, $1 or more 0)10typical fee $0.000016
Throughput (2,478 a second, the busiest network's peak day, 10; 121, the median of the ten busiest, 5)4.3about 79 simple transactions a second
Block time (10 minutes 10, less either side)7a block every 1.5 minutes
Block space per 10 minutes (24 MB or more 10: the ten busiest networks' median demand, 16.4 MB, and half again for growth)104 MB limit, 26.7 MB per 10 minutes
Features (3 checks)6.72 of 3 passed
Fast payments (Safe to accept within seconds · Whitepaper abstract, §1, §2 and §11)✗MonaCoin Core 0.20 (Bitcoin Core 0.20 base) accepts BIP125 opt-in replace-by-fee, and blocks are 90 s apart with probabilistic confirmation.
Pruned nodes (Old history dropped, every rule checked · Whitepaper §7)✓Monacoin Core 0.20.4 keeps Bitcoin Core's -prune (since 0.11, 2015).
Light clients (Payments verified from headers · Whitepaper §8)✓Bitcoin-style SPV: block headers plus Merkle-branch proofs (BIP37 merkleblock) served by full nodes.
Privacy77 of 10: whitepaper privacy 7 of 7, extra features 0 of 3, 1 not yet researched source
Protocol level privacy (Keys not tied to an identity · Whitepaper §10)10Addresses are hashes of keys users generate themselves; the node checks scripts and signatures, with no identity condition in its consensus rules.
UTXO ledger (Separate outputs, change to a new address · Whitepaper §2, §9)10Coins are separate unspent outputs: a payment spends whole outputs and sends the change to a new address, so the coins in one wallet need not share a history.
HD addresses (A new address for each payment, unlinked · Whitepaper §10)–
Hidden amounts (Amounts confidential)0Transparent UTXO amounts; no confidential-transaction or shielded feature.
Hidden parties (Sender and receiver hidden)0Transparent addresses; no ring signatures, ZK proofs or stealth addresses.
Network privacy (Origin hidden by default)0Bitcoin-derived node relays its own transactions over clearnet by default; Tor (-proxy/-onion) needs user setup and there is no Dandelion.
Programmability5.65 of 9 points source
Token issuance (Through a metaprotocol)1Monaparty: read by indexers, not validated by the chain's nodes
Smart contracts (Scripting for spending conditions)1Bitcoin/Litecoin-derived Script (0.20 codebase) with spending conditions only.
Multisig and time locks (Without a third party)✓OP_CHECKMULTISIG, OP_CHECKLOCKTIMEVERIFY and OP_CHECKSEQUENCEVERIFY in its script interpreter.
Atomic swaps (With other chains)✓Script can express HTLCs (hash check plus CLTV/CSV refund).
Native DEX (Trades the coin itself, not a claim)✓Traded as itself, not as a wrapped token or a claim: Komodo DeFi.
Cross-chain messaging (Verified by the chain itself)✗No cross-chain feature in the protocol.
NFTs (Carried by the chain's rules)✗No token type in the protocol; Monaparty assets are a metaprotocol.
Demand2.2average of 6 measures
Exchanges (10 or more: 10)11 exchange
Daily volume ($10K 0, $1B or more 10)0$511 traded in 24 hours; #3250 by volume on the exchanges the site reads (scored on the median day of the last 30, $1,355)
Turnover (volume ÷ market cap, 5% a day: 10)00.03% of its market cap a day, median of the last 30 days
Order-book depth (±2% of the price ÷ market cap, 1%: 10)–no order book on the nine exchanges read
Market cap ($1M 0, $10B or more 10)1.4$3.8M, 1.4 on a scale of 2.5 points per tenfold
Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0)10no futures, options or margin on the exchanges read
Wallet support (wallets that hold it, 10 or more: 10)1its own node and wallet, counted as 1: no wallet in the site's directory lists it yet
Record6.7average of 3 criteria
Age (years since genesis) (Source)1012 full years since 2014-03-20, the first day with a recorded price (genesis not yet researched, so the age can only be understated).
Development (work, fixes, vulnerabilities)01 positive, 3 negative source
Positive
Steady work, 2 of 6✓0 commits in 0 of the last 12 months (github.com/monacoinproject/monacoin); monacoinproject/monacoin v0.20.4 (draft dated 26 Oct 2024, tagged and binaries uploaded 2-3 Nov 2024) is the only release in the last 24 months; previous was v0.20.3 (May 2022).
Negative
Unfixed vulnerability, disclosed 2024-07-31, −1✗CVE-2024-52919: addr-message spam can overflow the address manager's 32-bit id counter and crash the node, with no addr rate limit; still in MonaCoin v0.20.4. bitcoincore.org github.com
Unfixed vulnerability, disclosed 2024-09-18, −1✗CVE-2019-25220: a long low-difficulty header chain can exhaust memory because the node has no headers pre-synchronisation; still in MonaCoin v0.20.4. bitcoincore.org github.com
Unfixed vulnerability, disclosed 2026-05-05, −1✗CVE-2024-52911: a crafted invalid block can make script-check threads read freed precomputed transaction data and crash the node; still in MonaCoin v0.20.4. bitcoincore.org github.com
Conduct (origin, claims, halts)103 positive, 0 negative source
Positive record
Launched with a stated purpose, not as a joke✓
No claims by its founders that contradict its own design✓
No halt, freeze or reversal in five years✓

Ten sections, weighted equally, each 0 to 10: consensus (the two ladders), supply (the supply scale and a fixed cap that holds), distribution (premine, fundraising, developer share, holders), decentralisation (governance, no central team, who can mint, nodes), security, scalability, privacy, programmability (what the scripting layer can do beyond the whitepaper's payment system), demand, and record (age, development, conduct). They are built from the criteria in the second table: privacy, scalability, security and decentralisation are the Cryptocurrency Standards among them, as follows: privacy (the whitepaper's three checks a base of 7 of 10, three extra features up to 3 more), scalability (four measures and three features), security (pool diversity, network activity, hashrate, clients and two checks) and decentralisation (governance, no central team, who can mint, nodes, holders, premine, fundraising and developer share); programmability (token issuance, smart contracts and five checks) follows them, and supply and demand are two: the supply, scored against 21 million, and demand, the average of seven measures of the market and the wallets. Provisional: parts marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.

Proof of Work coins

Bitcoin BTCA+Zcash ZECA+Dogecoin DOGEA+Alephium ALPHAZClassic ZCLAGrin GRINANexa NEXAAAll Proof of Work chains →

Proof of Stake coins

Ethereum ETHA+BNB BNBASolana SOLA+TRON TRXAHyperliquid HYPEBCardano ADAANEAR Protocol NEARAAll Proof of Stake chains →

Supply

65,729,675 of a maximum 105,120,000 MONA are in circulation — 62.5% of the total that will ever exist.

Launch and allocation

Premine (allocated at launch)0% of today's supply
Sold by the issuer or insiders0% of today's supply
Developer share received since launch0% of today's supply
Developer share of new coins today0%
FundraisingNo sale and no investor round

No genesis allocation or presale: the genesis block (31 Dec 2013) pays the standard 50 MONA, mining opened publicly on 1 Jan 2014 (block 100 at 00:04 UTC) and every later block follows GetBlockSubsidy (50 MONA halving every 1,051,200 blocks).

No sale of any kind is documented.

The whole coinbase goes to the miner; no developer or foundation share exists in the consensus code.

The May 2018 selfish-mining reorg attack on MONA (about ¥10M lost at an overseas exchange) predates the 2021-2026 window; no later attack was found. The queue's circulating figure (65.7M) disagrees with the protocol schedule and explorer rewards, which give ~98.2M issued. The single v0.20.4 release sits at the 24-month edge.

Sources: github.com · github.com · github.com · blockbook.electrum-mona.org · mona.insight.monaco-ex.org. Researched 2026-10-26, medium confidence.

The work behind it

MonaCoin is secured by 22 GH/s of its own work. Hashrate does not compare across algorithms — a SHA-256 hash and a Scrypt hash cost different amounts to produce.

What a regulator has said

No SEC/CFTC determination — unclassified.

The regulator's position, reported as stated, not CoinSpectrum's. Assets nobody has ruled on are left unclassified rather than sorted by a guess.

How CoinSpectrum ranks MonaCoin

MonaCoin is #179 among cryptocurrencies and #1301 in the market ranking, which lists wrapped coins, staked derivatives, stablecoins and tokens alongside them. CoinSpectrum counts an asset once, and counts only cryptocurrencies: assets with their own blockchain and their own consensus. A wrapped coin, a staked derivative or a stablecoin is a claim on something already counted; a token, memecoin or otherwise, runs on another chain's blocks. All of them are listed, each in its own section, and none is added to the total. The 1122 places between MonaCoin's two ranks are held by claims and tokens, not by other networks. The methodology sets out the rule and the counting rule argues for it.

The price above is the median of the exchanges the site reads live, checked every minute and cross-checked against a market snapshot (how market data is gathered). The grade is scored on published criteria, each with its source (the method). The site is independent, nothing on it is a paid placement, and its statements are signed (about CoinSpectrum, the manifesto).