Can someone explain me, why this coin made x30 for the last month? any background for such big moves?
Check thier whitepaper it will answer all your question, i have minexcoins before but i sold it for 6$ and now the price goes 50$.
At first they said minexcoin is a scam but see how successful it is now.
Minexcoin has many advantages. They motivated people to hold MNX with parking interest. You can earn more coins if you park them on the week, month or year. So if you have 100 mnx parked for a week, you will earn 4.5mnx. today is around $135. It is a great reason to hold and park MNX.
Because of that many of the holders do not want to sell his coins, where is the result to have much more buying request than selling. Big demand results in growing price.