MNX Report: Mid-December Balance

Fifteen days since the last report have passed, and this means it’s time to see what happened with Minexcoin on the first half of December.

Hello, community! At the start of the winter, we decided present to you two mid-months retrospectives instead our traditional weekly reports. We’ve taken such decision because MNX had overcome the tensest period when all of us had to keep fingers on the market’s pulse and entered in a cool-down phase before Holidays (at least for now). In this report, as always, you will find out about exchange progress, project’s upgrades, and our plans to the nearest future.

After the price’s “Big Bang” on the third December when it hit almost $74, Minexcoin returned to the steady graphic. Our analytics dare to say that the market finally has found an organical balance between $25 and $35 and MNX will continue to show slowly and sustainable growth. However, we continue to witness periodical sharp rises and falls of MNX rate that commonly associated with news or technical updates.

So in this situation, one of our next goals, for now, is to reduce price corridor and gradually come to real low volatility indicators. Apparently, this isn’t a short process, but the MinexBank’s algorithm launch with the increase of trading volume will gradually nullify MNX volatility. In a long-term perspective, it’s going to be the foundation stone of our Global Mission — to become a number one blockchain payment system in the world.

On the moment of this publication we had such indicators:

• Trading volume for first half of December is $ 4 976 242 USD
• Market Cap is $115 017 600 USD

Besides the interest in the MNX project when it hit TOP50 rating on the CoinMarketCap allowed to get new followers and holders in MinexBank. The figures are:

• The number of MinexBank users increased by 17% since 3 December.
• The number of Parkings, on the other hand, decreased by 0.58% since the start of December. It is due to the growth of average parking amount from 96 MNX per parking to the 112 MNX.
• 11 times MinexBank has changed its parking rates.

It needs to mention that several days ago there were minor bugs with parkings affected up to 10 accounts. All other reports from MNX holders after examining by our specialists weren’t related to the technical errors. Our team reiterates that the fastest and easiest way to solve your problem is to write to the support email support@minexsystems.com .

The next thing is the release of our awesome MinexBank app. If you didn’t hear about it, we must point out that it’s just like a desktop version of MinexBank that you can carry with you and a must-have for those who want to park and repark Minexcoin like a real Flash. So far we’ve released a version only for Android, but iOS gadgets owners don’t have to worry: your version is on QA testing now and will be released as soon as possible.

MinexSystems hopes this information was useful to you and will keep you informed about all upcoming news. The next report will be published at the end of the December, and we’re expecting it’ll be full of good news about MNX.

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Have a good parking!