Monacoin is the feline sister of popular meme currency “Dogecoin”. It was founded in 2014. It is a fork of crypto’s silver Litecoin. It uses the Srcypt algorithm for mining. That means home PCs with a graphics card can mine this currency. It has a cute cat as its mascot, and was inspired by popular cat memes on the internet. Transactions are fast because it has new blocks generated every 1.5 minutes. It is one of Japan’s indigenous coins, so it is very popular there as a meme currency.