All this ridiculous change in price is in fiat currency. If we look at its price in parity with BTC there is still 2% increase. In past it has resisted well and seemed powerful coin as hedge against volatility in market couple of months ago. This is also part of market to see decreases as well but someone is buying that's why sellers can sell.
Since 18. March (0,00362598 BTC and now 0,00095581) MNX lost about 75 % of value.
so please explain what is the logic of this statement. how can a bot push price down?
Maybe it's a minex bot... linked to the 'algorithm', keeping the price 'stable' while unloading the 6,5million pre-mined coins?