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What is MON (MON)?

MON basic info

Name:MON
Ticker:
Introduction:

What Is MON Protocol?

MON Protocol is a web3 gaming project launched in 2024. It aims to revolutionize the blockchain gaming industry by becoming a leading publisher and developer of blockchain-native intellectual properties (IPs) and games. The project has gained significant traction with its in-house developed Pixelmon Games such as Pixelpals, Warriors of Nova Thera, and Hunting Grounds. With a community of over 1 million web3-savvy gamers, MON Protocol has established itself as a prominent player in the blockchain gaming space.

Supported by top gaming chains like Solana, Aptos and more, MON Protocol leverages its chain-agnostic publishing platform to enable blockchain-native gaming projects to reach more users. To date, over 60 blockchain games and IPs have utilized MON Protocol's extensive reach and publishing capabilities, solidifying its position as a key facilitator of blockchain gaming innovation.

Resources

Official Documents: https://www.monprotocol.ai/tokenomics

Official Website: https://www.monprotocol.ai/

How Does MON Protocol Work?

MON Protocol operates by providing a comprehensive publishing platform that supports the development and distribution of blockchain-native games. Its chain-agnostic nature allows it to seamlessly integrate with various blockchain networks. This flexibility ensures that gaming projects can leverage the strengths of different blockchain ecosystems while reaching a broader base of gamers and fans.

The protocol's ecosystem is powered by the MON token, an ERC-20 token. The MON token facilitates various in-game transactions, offering players a preferred payment method that includes discounts on in-game currencies. This integration enhances the gaming experience by providing a seamless and efficient way to manage in-game economies.

A significant aspect of MON Protocol's functionality is its decentralized IP governance model. This model enables on-chain governance of the fractionalized IP of Pixelmon’s 200+ monster characters, allowing the community to participate in decision-making processes. Although this governance system will transition into a DAO structure in the future, it represents a forward-thinking approach to managing and growing blockchain gaming IPs.

What Is MON Token?

MON is the native token of the MON Protocol. It plays a crucial role in the ecosystem, serving as the preferred in-game payment method across all Pixelmon games. Players can use MON tokens to purchase in-game currencies at a discount, enhancing their gaming experience. MON has a total supply of 1 billion tokens.

Tokenomics for the MON token are designed to support the long-term growth and sustainability of the MON Protocol ecosystem. Key allocations include 36% of the total supply dedicated to the Pixelmon community, with 30% allocated for community claims and 6% for a community pre-sale. Additionally, 29% of the supply is allocated to the Ecosystem Fund, aimed at growing the Pixelmon IP and the MON ecosystem.

What Determines MON Protocol’s Price?

The price of MON Protocol (MON) is primarily determined by supply and demand dynamics within the blockchain and web3 gaming markets. As more gamers and developers adopt the protocol's games and services, the demand for MON tokens increases, potentially driving up the price. Additionally, staying updated with the latest news and trends in the web3 gaming industry, as well as analyzing cryptocurrency charts and price predictions, can provide insights into the token's future performance.

Other factors influencing MON Protocol's price include broader cryptocurrency regulation and market conditions. Regulatory changes can impact investor confidence and trading volumes, which in turn affect token prices. Moreover, while MON Protocol is considered one of the best crypto investments for 2024 and beyond due to its strong community and innovative approach, investors should also be aware of the inherent cryptocurrency risks involved. Understanding these factors can help in making informed decisions about investing in MON tokens.

For those interested in investing or trading MON Protocol, one might wonder: Where to buy MON? You can purchase MON on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Related Articles about MON Protocol:

Mon Protocol (MON): Revolutionizing Gaming with Decentralized IP Ownership

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Current price:
All-time high:$0.9596
All-time low:$0.09102

MON supply and tokenomics

Circulating supply:205,101,090 MON
Total supply:1,000,000,000 MON
Max supply:0 MON
Market cap:$19.96M
Fully diluted market cap:$97.30M

Links

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What is the development prospect and future value of MON?

The market value of MON currently stands at $19.96M, and its market ranking is #884. The value of MON is not widely recognized by the market. When the bull market comes, the market value of MON may have great growth potential.

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

What will the price of MON be in 2025?
Based on MON's historical price performance prediction model, the price of MON is projected to reach $0.2012 in 2025.
What will the price of MON be in 2030?
In 2030, the MON price is expected to change by -4.00%. By the end of 2030, the MON price is projected to reach $0.4281, with a cumulative ROI of +340.40%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of MON and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

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

If you want to buy MON, the following information may be helpful for your investment decisions:
In the last 7 days, the price of MON has fallen by -15.57%, leading to negative returns for most MON investors. The market is currently pessimistic about the price trend of MON.
It is important to note that the current price of MON has retreated by -89.86% 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 MON 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 MON or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of MON, if you want to buy or sell MON, you can consider Bitget for your trading needs. The best place to buy MON 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 MON 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 MON. Here's a step-by-step guide on how to buy MON on Bitget.

How to get MON through other methods?

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

What is MON used for and how to use MON?

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