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MinexCoin (MNX) Statistics

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MinexCoin

MNX

0.48073707
Price (USD)
8.06%
24h Change
0.00012125
Price (BTC)

Cryptocurrency Information

All-Time High USD
49.9263
Since All-Time High Change
-99.04%
All-Time High Date
2017-12-03

Marketcap (BTC)
534.82408944
Marketcap (USD)
2,119,452.18

24h Volume (USD)
37,692.84

7d Change
13.74%
14d Change
-14.75%
30d Change
-39.89%

Circulating Supply
4,411,102
Total Supply
19,000,000

Influence Statistics

Alexa Rank
1311352
Facebook Likes
18350
Twitter Followers
10373

What is MinexCoin?

MinexCoin (MNX) is a global payments system based on a low volatility cryptocurrency which is a part of Minex ecosystem. Thanks to its stable exchange rate, MinexCoin is a reliable means of payment, while the controllable growth of coin price makes it an attractive means of value storage. Containment of volatility and price growth are maintained by the system’s autonomous algorithm acting like a central bank, hence the name MinexBank. Financial instruments it employs would allow traders to earn from exchange rate margin without damaging the coin’s ecosystem. On the contrary, they would support it. Wild volatility levels are very common with cryptocurrencies, MinexCoin is designed to offer relative stability.

MinexCoin asset is a low-volatility cryptocurrency with predictable and dirigible price development. It may be employed both as a means of settlement and a means of saving. The long-term value of the coin is based on its annual growth of 33.6%. In order to reduce its volatility, such supply/demand regulation tools as market interventions and coin parking are used.