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What is Monavale (MONA)?

Monavale basic info

Name:Monavale
Ticker:
Introduction:

What Is Monavale?

Monavale is the native token of the DIGITALAX platform, a digital fashion NFT auction exchange platform. This platform is not just a decentralized Web3 fashion hub but also an integral part of the burgeoning open metaverse. Monavale, or MONA, is built on the Ethereum network and is deeply intertwined with the architecture of the DIGITALAX protocol, playing a crucial role in incentivizing utility and application within the unique Player-Creator economy.

Resources

Official Website: https://www.digitalax.xyz/

How Does Monavale Work?

At the heart of Monavale's functionality is its role as the native token of the DIGITALAX platform. The token's governance model is unique, as it is owned and governed by its holders. This democratic approach allows token holders to participate actively in decision-making processes, including voting on proposals related to treasury policies and protocol development. Incentives are provided to encourage participation in these governance activities.

The DIGITALAX platform, powered by Monavale, revolutionizes the digital fashion industry by enabling a decentralized digital fashion supply chain. This includes creating digital material, texture, and pattern libraries, as well as digital-only wearables. The platform's approach to digital fashion is multifaceted, focusing on aspects like rarity, exclusivity, and interoperability across various digital environments like gaming, VR, and metaverses. Monavale's integration into this ecosystem is pivotal, as it facilitates transactions, incentivizes creators and players, and underpins the platform's innovative economic model.

Moreover, Monavale's implementation includes a liquidity provider (LP) mechanism, where MONA and GENESIS NFT holders receive additional token allocations based on market activities. The token's distribution is designed to be fair and community-centric, with 90% of the total supply allocated for staking rewards and 10% reserved for protocol development. This structure ensures that the team behind DIGITALAX does not hold any token allocation, emphasizing the platform's commitment to its community and decentralized ethos.

What Is MONA Token?

MONA is the main token of the DIGITALAX ecosystem. Its utility spans various aspects of the platform, from staking and governance to incentivizing participation in the digital fashion economy. The token’s design facilitates seamless transactions within the ecosystem, ensuring that creators, players, and developers are adequately rewarded for their contributions. With a maximum supply of 11,300 MONA tokens, the tokenomics are designed to maintain scarcity and value over time.

What Determines Monavale’s Price?

The price of Monavale (MONA), like any cryptocurrency, is influenced by a complex interplay of factors, deeply rooted in the principles of supply and demand within the blockchain and cryptocurrency markets. One of the primary drivers is the utility and adoption of the DIGITALAX platform. As the native token of a digital fashion NFT auction exchange platform, MONA's value is closely tied to how widely the platform is used and the level of engagement it receives from its community of players, designers, and developers. The more the platform is utilized for transactions, staking, and governance, the greater the demand for MONA, potentially driving up its price. This utility in a niche yet rapidly growing sector like digital fashion and the Web3 space makes MONA's value particularly sensitive to the platform's success and adoption rates.

Market sentiment and broader trends in the cryptocurrency and blockchain industry also play a significant role in determining MONA's price. As investors and enthusiasts in the crypto space pay increasing attention to NFTs and digital fashion, this emerging sector could see heightened interest, influencing MONA's valuation. Moreover, the overall market conditions, including regulatory changes, technological advancements, and shifts in investor sentiment towards cryptocurrencies, can have a ripple effect on MONA's price. In essence, Monavale's value is a reflection of a dynamic and multifaceted ecosystem, encompassing its unique position in the digital fashion world, its tokenomics, and the ever-evolving landscape of the broader cryptocurrency market.

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Current price:
All-time high:$5,980.87
All-time low:$0.00

MONA supply and tokenomics

Circulating supply:10,441.13 MONA
Total supply:11,300 MONA
Max supply:11,300 MONA
Market cap:$560,683.45
Fully diluted market cap:$606,804.47

Links

Buy Monavale for $1Buy MONA now

What is the development prospect and future value of MONA?

The market value of MONA currently stands at $560,683.45, and its market ranking is #2190. The value of MONA is not widely recognized by the market. When the bull market comes, the market value of MONA may have great growth potential.

As a new type of currency with innovative technology and unique use cases, MONA has broad market potential and significant room for development. The distinctiveness and appeal of MONA may attract the interest of specific groups, thereby driving up its market value.

What will the price of MONA be in 2025?
Based on MONA's historical price performance prediction model, the price of MONA is projected to reach $79.51 in 2025.
What will the price of MONA be in 2030?
In 2030, the MONA price is expected to change by +9.00%. By the end of 2030, the MONA price is projected to reach $156.27, with a cumulative ROI of +190.36%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of MONA and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is MONA worth investing or holding? How to buy MONA from a crypto exchange?

If you want to buy MONA, the following information may be helpful for your investment decisions:
In the last seven days, the price of MONA has risen by 2.70%, leading to positive returns for most MONA investors. The market is currently optimistic about the price trend of MONA.
It is important to note that the current price of MONA has retreated by -99.10% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether MONA is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in MONA or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of MONA, if you want to buy or sell MONA, you can consider Bitget for your trading needs. The best place to buy MONA is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Monavale has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Monavale. Here's a step-by-step guide on how to buy Monavale on Bitget.

How to get Monavale through other methods?

Using cash to buy Monavale is not the only way to obtain Monavale. If you have the time to spare, you can get Monavale for free.
Learn how to earn Monavale for free through the Learn2Earn promotion.
Earn free Monavale by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Monavale airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Monavale through Bitget Convert, Bitget Swap, or spot trading.

What is Monavale used for and how to use Monavale?

The use case of Monavale may expand as the crypto market and the project itself develop. Currently, you can use MONA to achieve the following goals:
Arbitrage by trading MONA: Since MONA is a frequently traded cryptocurrency, the price of MONA is always fluctuating. Earn more MONA by buying low and selling high on the exchange. Bitget spot market provides a variety of MONA trading pairs to fully meet your needs.
Earn by staking MONA: You can also generate income through financial management methods such as staking MONA or lending MONA. Bitget Earn offers a variety of financial products designed to help you earn more income from your MONA.
Send or pay MONA: If you want to give MONA to your friends, a charity, or a fundraiser, or you want to pay someone with MONA, you can quickly and easily send MONA to the recipient through their payment address.
You can also go to the official website of the Monavale project to learn more about the use cases of MONA. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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