MinexCoin (MNX) Live Price Chart & History

Price USD 8.2%
$6.934680
Price BTC
0.00093669
Volatility (7d)
@volatility_7d %
Volatility (30d)
@volatility_30d %
Market Cap USD
$27.6M
Market Share
Live MNX / USD Price Chart

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Since launching at $1.43559 on 02/11/2017 MinexCoin has achieved a price of $6.93468, rising 10.68% in the last week alone.

MinexCoin Price Analysis: Predictions and Forecasts

Why buy MinexCoin? What is it used for?

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 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... MinexCoin is a global payment system built on the eponymous low-volatility crypto-asset regulated by an autonomous algorithm with methods proven in traditional financial markets. 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
MinexCoin was launched in 02/11/2017. It uses the Proof of Work & Proof of Stake method of consensus, and is based on the Mars algorithm. MinexCoin's goals include High volatility is amongst the biggest disadvantages of Bitcoin and similar cryptocurrencies. It hinders it from becoming a means of storage and exchange of value on the global market. MinexCoin aims to set itself apart from other cryptocurrencies due to MinexCoin is a global payment system built on the eponymous low-volatility crypto-asset regulated by an autonomous algorithm with methods proven in traditional financial markets.

Will the price MinexCoin fall continue to rise?

It's impossible to predict for sure if MinexCoin is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days MinexCoin has risen by 10.68%
  • In the past month it has gained 20.70672149105%
  • In total it has appreciated by $5.49909 since its inception, a change of 483.05%

Can MinexCoin reach, replace, pass or overtake bitcoin?

At present MinexCoin is trading at 0.00093669 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 106,758.9%. If we assume MinexCoin continued to as it has in the last month - with a price change of 20.71% it would take 3.40042976206 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of MNX is going to take off and increase in price to a higher level we've done the math for you.
In order for MinexCoin to reach $10.00 it needs to increase in price by a factor of 1.44x. Given its present growth rate of 20.71% per month, it could take just 1.6 months to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
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5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MinexCoin to reach $15.00 it needs to increase in price by a factor of 2.16x. Given its present growth rate of 20.71% per month, it could take just 3.5 months to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
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1 year0%100%
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MinexCoin to reach $25.00 it needs to increase in price by a factor of 3.61x. Given its present growth rate of 20.71% per month, it could take just 5.8 months to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%100%
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1 year0%100%
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MinexCoin to reach $50.00 it needs to increase in price by a factor of 7.21x. Given its present growth rate of 20.71% per month, it could take just 8.9 months to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%100%
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1 year0%100%
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MinexCoin to reach $100.00 it needs to increase in price by a factor of 14.42x. Given its present growth rate of 20.71% per month, it could take just 12.0 months to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
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1 year0%100%
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MinexCoin to reach $200.00 it needs to increase in price by a factor of 28.84x. Given its present growth rate of 20.71% per month, it could take just 1.3 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
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1 year0%100%
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MinexCoin to reach $300.00 it needs to increase in price by a factor of 43.26x. Given its present growth rate of 20.71% per month, it could take just 1.4 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%100%
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1 year0%100%
2 years0%100%
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These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MinexCoin to reach $400.00 it needs to increase in price by a factor of 57.68x. Given its present growth rate of 20.71% per month, it could take just 1.5 years to hit a price target of $400 USD

What is the probability of hitting $400.00 over time?

Time periodChance final price > $400Chance final price < $400
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
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5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for MinexCoin to reach $500.00 it needs to increase in price by a factor of 72.10x. Given its present growth rate of 20.71% per month, it could take just 1.6 years to hit a price target of $500 USD

What is the probability of hitting $500.00 over time?

Time periodChance final price > $500Chance final price < $500
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is MinexCoin a good investment? Is it safe to put my money into MNX?

No, it is not a 'good investment' to buy MinexCoin, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading MinexCoin as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of MNX - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

How popular is MinexCoin? Interest Over Time

Where is MinexCoin most popular?

MinexCoin Development + Team

There are 11 developers coding the source behind MinexCoin There are no sales or marketing staff on the team which could impede the coin's growth.

MinexCoin publishes bios of all of its team members at their website which can help investors understand the motivations and people behind the project

The team for MinexCoin is lead by Boris Shulyaev,

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on MinexCoin's development

.

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