Monoeci price is $0.00054632
The current price of Monoeci (XMCC) is $ 0.00054632. The price has increased in the last 24 hours.
Monoeci (XMCC) is a cryptocurrency that was designed with the specific intention of becoming the primary digital coin for the principality of Monaco. The idea for Monoeci was to create a cryptocurrency network that would facilitate various financial transactions and be fully integrated into the daily lives of the people living and working in Monaco. The name Monoeci comes from the ancient Greek word Monoikos which translates to "single house", and it was an old name for Monaco.
The details about the exact individuals behind the development of Monoeci are not clear, but it's known that the project was borne out of the Principality of Monaco, with the goal of creating a cryptocurrency that will be widely used within the city-state. The project is supported by several key institutions within Monaco, including Monaco Technopole.
Monoeci operates on a decentralized public blockchain. Transactions made on this blockchain are verified by network participants called miners. These miners use their computational resources to verify transactions and, in return, they are rewarded with new Monoeci coins. This model of transaction verification is known as Proof of Work (PoW).
One of the things that make Monoeci unique is its focus on a specific geographic location. While most cryptocurrencies aim for a global audience, Monoeci targets Monaco and aims to become a standard for various transactions within the region.
Monoeci (XMCC), at the time of writing, ranks #1 in terms of market capitalization.
The circulating supply of Monoeci (XMCC) is 8.2M.
The total supply of Monoeci (XMCC) is 8.2M.
The 24-hour trading volume of Monoeci is .
Monoeci (XMCC) is available for purchase on several cryptocurrency exchanges, including CoinExchange, CREX24, Cryptopia. Please remember to do your own research before making a purchase decision.
Just like Bitcoin, Monoeci relies on the Proof of Work algorithm to secure its network. This means that transactions on the Monoeci network must be validated by miners who commit their computational resources to the process, thus making it secure.
The recent market trend for Monoeci can be captured by its 24-hour change which currently stands at +0.00%.
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