Buy MongCoin (MONG)
What is MongCoin?
MongCoin is an ERC20 meme coin created in response to derogatory comments made by a US congressman about cryptocurrencies. It is uniquely connected to the MONGS NFT collection, which consists of 6,943 unique NFTs portraying distinctive mongooses. The primary goal of MongCoin is to foster community and promote meme culture.
How does MongCoin work?
MongCoin operates on the Ethereum blockchain, utilising smart contracts to manage its supply and distribution. As an ERC20 token, it benefits from Ethereum's Proof of Stake (PoS) consensus mechanism for network validation. The token's functionality is governed by Ethereum smart contracts, which handle transactions and tokenomics aspects such as minting and burning.
What are the potential use cases for MongCoin?
MongCoin has various potential use cases, including:
- Gaming: Integrated into the DOE Rangers game, where players use $MONG and $KDOE tokens.
- NFTs: Tied to the MONGS NFT collection, adding value and utility in the NFT space.
- DeFi and Liquidity Pools: Can be used in DeFi platforms and liquidity pools for lending and borrowing.
- Community Engagement: Features like JuiceBOT enhance interaction through points and rewards systems.
- Web3 and DeFi Applications: Compatibility with Web3 wallets and dApps for broader digital finance usage.
What is the history of MongCoin?
MongCoin was launched in April 2023 as a meme-based project tied to the MONGS NFT collection, which dates back to January 2022. Despite no formal team or roadmap, it quickly gained traction, with the NFT collection selling out in 17 minutes and the community growing to around 80,000 members by September 2023. Key milestones include exchange listings on MEXC_Global and expansions into merchandise, gaming, and Web3 integrations. MongCoin is set to transition to a more formal governance model, allowing holder-driven decision-making processes.
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Frequently Asked Questions (FAQs)
What is the current price of MongCoin (MONG)?
The MongCoin price is $1.6415e-8 AUD, representing a -0.01% from the day prior.
Where is the best place to buy MongCoin (MONG) in Australia?
The best place to buy MongCoin (MONG) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell MongCoin (MONG) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of MongCoin (MONG)?
The trading volume of MongCoin (MONG) is $2.1M AUD in the last 24hrs, representing a -0.01% from the day prior.
How can I buy MongCoin (MONG)?
MongCoin (MONG) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of MongCoin (MONG)?
The current market cap of MongCoin (MONG) is $11.5M AUD.
Can I convert MongCoin (MONG) to cash?
Yes - With Coinstash you can convert your MongCoin (MONG) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many MongCoin (MONG) are there?
The current circulating supply of MongCoin (MONG) is 690.0T.
Is Coinstash a safe place to buy MongCoin (MONG) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling MongCoin (MONG) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.