The idea is that proceeds raised during ICO will be used to develop a machine that accepts scrap gold from general public and tokenizes it (like an ATM where you can dump gold and receive GOLD tokens to your wallet on the blockchain), then you can change GOLD for fiat at exchanges or at the branches of the company. 1 GOLD token is always equal in value to 1 ounce of real gold.

During ICO and on the exchange right now public can buy MNTP tokens which will be used for verifying GOLD transactions (when the gold machine takes the gold and puts it on the blockchain). So those people who have MNTP tokens, can then verify transactions on the blockchain and get rewarded for their work with GOLD tokens.

The MNTP has only just come on the exhange so it's way too early to talk about dips and highs. The ICO price was $7, the current price is $2.27 at the time of writing this. I'm personally got some in the ICO and am considering buying some more now.

All in all it seems solid enough project with no visible attempts to pump and dump. I'm all positive personally.