Moonlana

Halal Rating :
Comfortable
Last Price $0.000037 Last updated:
Rank 6516
1D Change 34.76 %
Market Cap -
Circulating supply 0
Maximum supply None

Crypto Overview

Categories
  • Memes
  • Solana Ecosystem

Overview

Moonlana (MOLA) is a Solana-based meme cryptocurrency that launched in early 2021. The project positions itself as a community-driven token that aims to bring humor and entertainment to the Solana ecosystem.

Purpose and Utility

The primary stated purpose of Moonlana is to serve as a tradeable digital asset within the Solana ecosystem. The project has limited explicit utility beyond serving as a speculative trading vehicle and fostering a community around meme culture.

Business Model and Operations

The token operates on the Solana blockchain and can be traded on various decentralized exchanges. There is no lending, staking, or interest-bearing component to the token's mechanics.

Development and Community Activity

The project maintains a basic social media presence but shows limited technical development activity. Marketing efforts primarily focus on meme content and community engagement.

Token Distribution

While specific details about token distribution are limited in public documentation, the token can be freely traded on decentralized exchanges, with actual ownership transferring between parties during transactions.

Crypto Impact

To assign a comfort level investing in Moonlana from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Moonlana.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.