Analysts covering Minereum (MNE) look at the -12.28% drop on September 6-7

Minereum (MNE) had a bad 24 hours as the cryptocurrency declined $-0.0014493822 or -12.28% trading at $0.01035273. According to Crypto Analysts, Minereum (MNE) eyes $0.011388003 target on the road to $0.0297874151574432. MNE last traded at LiveCoin exchange. It had high of $0.0119056395 and low of $0.0101456754 for September 6-7. The open was $0.0118021122. About 26,579 MNE worth $275 traded hands.

Minereum (MNE) is up 0.00% in the last 30 days from $0.00 (non existent) per coin. Its up 0.00% in the last 100 days since when traded at $0.00 (non existent) and the annual trend is up. 200 days ago MNE traded at $0.00 (non existent). MNE has 6.81M coins mined giving it $70,487 market cap. Minereum maximum coins available are 136.58M. MNE uses algorithm and proof type. It was started on 14/04/2017.

Minereum is the first ever self mining Smart Contract Token. Coins are generated on the fly with a mathematical formula. The MNE token is an Ethereum-based token.

The Genesis Addresses Collection occurred between April 14 5 PM UTC and April 15 5 PM UTC, 4268 addresses were collected from the community. Each Genesis Address was attributed 32,000 coins, as there were 4268 Genesis Addresses, the Total Maximum Supply was set to 136,576,000 MNE. Although the Total Max Supply is set to 136,576,000 MNE, this supply will only be reached in about 47 years. This is because of the Self Mining principle of minereum that only allows each Genesis Address to mine 0.00032 MNE per ethereum block.

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