What is MoonCoin (Moonpirate Coin)
MoonCoin, also known as Moonpirate Coin, is a community-driven digital currency
MoonCoin, also known as Moonpirate Coin, is a community-driven digital currency developed by Blockone, a blockchain technology company. Moon is a new token issued on the Ethereum network, aiming to solve some of the current issues faced by decentralized applications (DApps): such as high transaction fees, inability to interact with other projects, and using smart contracts to protect user data from hacker attacks and theft. MoonCoin can be used for various purposes such as investment, entertainment, or payment systems. Its main features are anonymity, scalability, and security.
Moonpirate Coin
According to the official announcement, Moonpirate Coin is based on the Ethereum ERC20 protocol. The project was initially incubated by Gitcoin, a cryptocurrency research company, in 2017. Moonpire tokens are issued as tokens using their native stablecoin, mUNA, as the underlying asset. Currently, its market value is approximately $500 million (according to CoinMarketCap data), reaching its all-time high of $5 billion by the end of 2019. It is reported that Moonpirate has been testing novel and interesting DeFi features for most of 2019.
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