Wtf is melon??

[phr0stbyt3]

Now i was going through the coinmarket and i noticed a alt called melon. I'm not sure exactly but as far as i remember the price was around 1$ or something few weeks back. And now i see the price is some 30$ and most of it's supply is already circulating. Is this some self funded coin or there are actual investors because i couldn't find much about it.

[btbrae]

No I couldn't find out much either, they probably paid Kraken a bung to get listed. Hell, you could list pretty much anything right now and it would go up in value. Some people just like ridin' the wagon whilst it's rollin'.

[mining1]

A private project build on ethereum, obviously.
https://melonport.com/

[shamzblueworld]

Now i was going through the coinmarket and i noticed a alt called melon. I'm not sure exactly but as far as i remember the price was around 1$ or something few weeks back. And now i see the price is some 30$ and most of it's supply is already circulating. Is this some self funded coin or there are actual investors because i couldn't find much about it.

And I've also seen that its price was above 60 too, a couple of week ago. On average it has been $40+...

[Zadicar]

A private project build on ethereum, obviously.
https://melonport.com/

Seeing on the link it is indeed connected to Ethereum again and again and also this is the first time i heard about this alt coin and goodluck for those guys who bought on $1 price and now they are making huge amounts of profits

[mynhpark]

The Melon protocol is a blockchain protocol for digital asset management on the Ethereum platform.

It enables participants to set up, manage and invest in digital asset management strategies in an open, competitive and decentralized manner.

The usage token is called Melon token (MLN) and is a core component of the Melon project.

It is designed to enjoy a “usage right” to the Melon protocol.

To use the Melon protocol one has to use MLN token. This “usage fee” will most likely be imposed on trading.

Therefore, Melon is somewhat going to the same direction of ICONOMI, another project on ethereum.

[mobnepal]

And I've also seen that its price was above 60 too, a couple of week ago. On average it has been $40+...

It's private blockchain.
It is centralized.
It is bought by few early investors.
So price can get pumped to even $100+, it looks like this token is build for private use rather than for community.  

[Is Oprah Fuckable?]

The Melon protocol is a blockchain protocol for digital asset management on the Ethereum platform.

It enables participants to set up, manage and invest in digital asset management strategies in an open, competitive and decentralized manner.

The usage token is called Melon token (MLN) and is a core component of the Melon project.

It is designed to enjoy a “usage right” to the Melon protocol.

To use the Melon protocol one has to use MLN token. This “usage fee” will most likely be imposed on trading.

Therefore, Melon is somewhat going to the same direction of ICONOMI, another project on ethereum.

Terrible name, I can think of so many better names than Melon ...

[phr0stbyt3]

Even though it is an old topic this shit i getting more weird the time i made this post it had a price of 1$ and now when i checked it is showing -9% and the price is freakin 26$. I did see some of you mentioned it is a private currency but do anyone of you know to can i buy some.

[Visin]

Don't worry I still don't know what it is. People have tried to explain it to me though I still don't get it.

[cryptonia]

I don't think it was ever $1 when trading

[xtyling]

The coin is clearly price manipulation. There ICO was over within less than 5mins. So I think big whales went in.
The fact that they are going to go live in 2 years. Dont have any product for now because they are in development and will launch not before says it all

No product / product in 2yrs = $30 per coin ridiculous