Re: [ANN][ICO] Minexcoin - A new era of payments (Exchange launch - November, 1)
Minexcoin is pretty strong during this dip! MNX (-13.96%) / BTC (-14.08) So not so bad but still very volatile if you ask me. Algorithm should be working harder! 
Volatility is relative. They states that MNX is low volatile relative $ price of 10 main coins. For the simplicity sake, if BTC falls 14.08 (relative to dollar) & MNX falls 13.96 (relative to dollar) then relative to BTC price in dollar MNX grows 0.12%. Very stable, non-volatile.
Yeah but as far as i know its bound to US$ and there is a loss about 10% atm and thats not growing. Cause the difference of 0.12% is a profit against BTC not US$.
Not correct. It is bound not to dollar but to price in dollar of 10 main coins. Read whitepaper once more.