The price of Monavale (MONA coin) has increased by 50. 81% is available to trade at $472. 75 as of the writing. Over the past month, the coin has increased by 114.5%.
In this article, we will concentrate on the factors that are causing Monavale’s price to rise.
What Is Monavale? (MONA)
Monavale (CC0) is a Creative Commons powered by the open Metaverse, and Web3 Fashion. It was launched December 2020.
Monavale is the native token of the DIGITALAX platform. It is the most prominent indie fashion NFT platform.
DIGITALAX is a community of developers, modders and gamers. The community also has a team to ensure communication flows through maintaining a regular schedule that is accessible via various social media networks.
You can also view the platform staking dashboard, where users can connect via a Web3 wallet (MetaMask).
Why Monavale prices are rising?
There are two main reasons why MONA prices are currently bullish. They are the CC0 Membership NFTs news, and the FUD FAQ publication.
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One of the main causes for the price rise is the announcement about the CC0 DAO membership NFTs. This will allow users to join CC0 DAO by purchasing an NFT from DIGITALAX, other sales events, or by contributing to DAO via CC0 NFT auction.
2. FUD FAQ release
Yesterday, April 11, The team published a FUD FAQ. It discussed the future market for NFT and Web3 as a whole, as well as the current events in the industry.
DIGITALAX also published its March transparency report. It gave a summary on the expenditures and showed that the team is well-organized when it comes to managing DAO’s other developments.
The DIGITALAX project boasts a staking dashboard and fantastic indie art. It also has DAO governance and a robust NFT market.
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