I really like the idea of this project. But what do we know about team behind this project?
I didn't find any links or references to the team in the official website. Also genesis distribution doesn't sound legit or fair.
Looks like anyone (both so called "bounty hunters" and official devs) was able to submit hundred of addresses during "Genesis Addresses Collection" and now controls ton of free coins.
I like Minereum, but launch looks very unfair and unprofessional, so it's pretty risky to buy this token in the market.
Agreed. Personally I do not understand why would somebody pay real money when there are loads of sockpuppets, and they get their coins by doing nothing. Of course the price will go lower and lower because everybody is selling, why would you keep the coins if you will get them for another 40 years?
There are several crypto projects in the same way of distribution that is to share it for free one of them is Renoscoin
And renos price continues to rise Well i hope the dev MNE also keeps on active and runs the project smoothly.
Hmmm, seems that Renoscoin attracted quite some focus until July 1st but also reduced significantly in price and cap. Same pattern as most Alts are following so no coin seems to be immune for what's currently happening.
What we are seeing now is a strong reduction of the total market cap due to fiat being pulled from the market before August 1.
Currency in USD Jun 12, 2017 - Jul 12, 2017
Date Open High Low Close Volume Market Cap
Jul 11, 2017 0.031040 0.032905 0.023037 0.030650 3,694 1,035,360
Jul 10, 2017 0.037578 0.044433 0.031059 0.031106 7,616 1,253,460
Jul 09, 2017 0.042676 0.044958 0.037505 0.037505 1,718 1,423,510
Jul 08, 2017 0.046017 0.046201 0.038996 0.042638 1,934 1,534,950
Jul 07, 2017 0.046532 0.047248 0.034434 0.045979 14,438 1,552,130
Jul 06, 2017 0.048644 0.050601 0.042206 0.046498 12,799 1,622,570
Jul 05, 2017 0.050884 0.051704 0.047724 0.048620 6,134 1,697,280
Jul 04, 2017 0.054682 0.057559 0.048284 0.050911 2,309 1,823,980
Jul 03, 2017 0.058650 0.059176 0.044672 0.054807 1,694 1,956,320
Jul 02, 2017 0.042123 0.058988 0.041884 0.058866 3,457 1,405,040
Jul 01, 2017 0.060456 0.061058 0.041113 0.042128 25,101 2,016,570
Jun 30, 2017 0.051901 0.061082 0.048317 0.060312 253,425 1,731,190
Jun 29, 2017 0.047580 0.052710 0.043122 0.051672 208,524 1,587,080
Jun 28, 2017 0.035446 0.050917 0.031400 0.048160 124,603 1,182,320