Quote from: beginnersluck on November 27, 2017, 08:31:54 PM

Quote from: codemanX on November 27, 2017, 08:19:45 PM

Quote from: thepo1m on November 27, 2017, 07:42:34 PM

Quote from: AlloM on November 27, 2017, 07:30:55 PM

Quote from: lowkey9898 on November 27, 2017, 06:52:20 PM

The supply is very low and the dev keeps focusing on improving the apps and the project. I think soon MNE is going to moon when more and more people realized it. But for now is on sale for very cheap price.

Some people are still panic who bought this token above $8 even this taking too long time to recover. I think so recent release of app will bring good result for this token and slowly but steady it will get recover.

Yeah, the price went as high as $10, even if you look at the orderbook on livecoin you will see that most of this people that bought at this price can't wait to get out of it.

The problem here are the Genesis addresses and their increasing demand of Minereum, they will keep the price low.

I notice the increase fee of 50 MNX for using erc20 token creation service. That would increase demand and reduce the supply since the token will be burnt. So all this is going to be a good thing for MNE price momentum.

I meant the problem is the increasing supply (not demand, I had prescribed myself) from the Genesis Addresses as there is a whale with many addresses who keeps the price low, and it depends on how often the Token creation service will be used to reduce the supply of MNE. Further it's possible that the dev will reduce the fee again if the price of MNE goes up.