When crypto market increased sharply mid of April, MNX still decreased.
New projects aren't that dependent on global market cap as established projects. That's why some projects are increasing although total market cap is decreasing.
I guess people are just disappointed because MNX isn't as stable as promised and interest rates decreased sharply.
New projects aren't that dependent on global market cap as established projects. That's why some projects are increasing although total market cap is decreasing.
I guess people are just disappointed because MNX isn't as stable as promised and interest rates decreased sharply.
Noone can stand the panic sale
Besides, we stated that we are the long-term project, bank only is the first product from the ecosystem, credit cards, ATMs, MinexExchange (DEX), MinexMerchant, MinexMarket, MinexPlatform, etc to come this is along with the web and mobile wallets. As for interest rates, those who learned the WP should remember that the rates never were said to stay that high forever. Moreover they will be decreased more in the future. Also information about the rates was posted in the blog more that two weeks before the change, so nothing was all of a sudden for those who monitors the project actually