What is Monyx?
Monyx (MYX) – the first lending platform that aims to outperform Bitcoin through Algorithmic Trading powered by AI, and investing in specific ICOs. Just like Bitcoin, Monyx is based on open-source Blockchain technology for secure, transparent, seamless and fast transactions. The core and heart of Monyx is state-of-the-art algorithmic trading powered by artificial intelligence.
Monyx offers staking and lending. It is also traded on their internal exchange and soon to be external exchange as well.
Now My Opinion
* I am not your financial adviser. I am just showing you how I make my money.
With how bitcoin is causing all other crypto to crash in price, now is a good time to buy. Monyx's opening price was $1.80. With Bitcoin's volatility it caused the coin to crash to $.01 yet at the time of this writing the price of the coin has increased to $1.00 with it most likely hovering in that range till the staking and lending opens next week.
I am going to be 100% honest with you, because I hate bullshit. There are only gonna be 24 million tokens ever. 8 million of those tokens have already been sold in the ICO phase. Every Year monyx is gonna buy roughly 10% of monyx coins back to reduce availability. Also in the last 48 hours alone 6,000 additional users have signed up. I have bought into this token because of what I said above alone. I don't care about lending or staking, that is just icing of the cake. If this coin can produce 100x without having lending or staking when they do come on board the sky is the limit. I see it having no problem surpassing litecoin.
Positives, Negatives, Comments or concerns put them down below and I will try to answer them.
Referral link https://monyx.io/ref/Imanol14