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Mooncoin (MOON)

Market Cap

$4,551,497 USD

Volume (24h)

$258 USD

3.5
SAFETY

ranking factors

  • Markets

    How many exchanges are there to trade this coin?

    Mooncoin Markets Rank: 3/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    Mooncoin Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    Mooncoin Market Cap Rank: 52/100

  • 24h Change

    Is the price moving up or down?

    Mooncoin 24h Change Rank: 51/100

  • Social Following

    How many users are following this coin?

    Mooncoin Social Following Rank: 80/100

  • Google Trends

    How many users are searching for the coin?

    Mooncoin Google Trends Rank: 9/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    Mooncoin Twitter Citation Rank: 40/100

  • User Voting

    How popular is this coin among Cointobuy community?

    Mooncoin User Voting Rank: 99/100

Mooncoin investment analysis

This project from 2013 boasts a surprising number of loyal followers. That's good news for a community coin, but for investors, the benefits likely stop here. The supply for MOON is through the roof.

While that is by design, it does not make for a great buy and hold opportunity since it will be difficult for the value to rise with so many in circulation. One of the main ideas behind the project is that it will allow people to continue to mine this currency well into the future without getting pushed out by large-scale operations.

While there isn't a whole lot that is exciting about owning a Mooncoin investment if you're not a miner, they do have a couple interesting initiatives. These include a social media type of program which rewards people for their likes and even an education program which will pay out rewards to students in cryptocurrency for achieving good grades.

The project does have its merits, and it may be worth digging a little deeper, especially if you're keen to learn how mining works, which all cryptocurrency enthusiasts should give a shot at one point or another.

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current price
$0.00002
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+0%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.00002
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

213/878
by Safety
872/878
by Profit
historical data

How to buy Mooncoin?

Potential investors can buy Mooncoin on just one exchange, and that should give you at least a moment of pause. Investing in assets which hold a low number of exchange partners can be dangerous. Especially if it's only listed on lesser known exchanges, as they can close up shop overnight sometimes. This could leave you holding a homeless asset, which is obviously not a great situation to be in. The trading volume is also pretty small here, giving more cause for concern. Doge is the highest value trading pair, which is not surprising. This pairing is common for low cap coins.

If you're looking for a place to store your coins safely, then you'll need to head to project's official website in order to get the wallet download. They have wallets available for Windows and Linux on the client side, but there are also mobile wallets and even some online wallet options if you would prefer to use those instead. Whenever you create a new wallet it's important to make sure you protect it with a strong password and you immediately create a backup for safekeeping.

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Is it safe to invest in MOON now?

The Mooncoin analysis tells us that this cryptocurrency is doing quite well in several areas. They've actually managed to acquire a rather large fan base, and people love talking about them on social media. Fortunately for them, they have a name that encourages adoption by those looking for the next big thing.

Unfortunately, that's unlikely to happen with such a large supply weighing them down, but that's not really the mission for MOON anyway. They are more interested in having a coin that is usable rather than one that is a store of value, and there's certainly nothing wrong with that.

If you invest in MOON, then you should be aware of this. However, there's still potential money to be made, even on coins that are never going to be worth the same price as Bitcoin or Ethereum. It just means that you need to be more realistic with your goals, and you need to purchase more of them to make anything substantial.

If you're interested in owning a very large sum of coins, then this is a good way to do it. This asset is dirt cheap, and it's easy for the value of low market cap coins to double or even triple on a nice price pump if someone stirs the pot. It's also refreshing to find something that an everyday PC owner might still have the capabilities to mine without investing in expensive ASIC miners or tons of graphics cards.

Whether or not it's actually profitable to do so though, you'll need to find out for yourself. However, mining can be a fun experience, and it's worth testing it out even if you won't ever be able to quit your job doing it.

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