Rags To Riches— MaxiMine’s Journey Into The Top 50 (CoinMarketCap)A journey of a thousand miles begins with a single step but with MaxiMine, it’ll only take you two weeks. Here’s how it all started.
It seems like just yesterday when we announced that MaxiMine has broken into the top 100 of CoinMarketCap’s rankings. Now, the then-rookie has succeeded in making a name for itself and is ranked 41st in the world according to CoinMarketCap’s latest statistics. The best thing of all? It only took MaxiMine two weeks to climb up the charts.
Caption: MaxiMine’s latest ranking on CoinMarketCap as of press time.
The growth of MXM has been astounding, to say the least. As illustrated in the image above, the token witnessed a 36.41% growth in a day, reporting a 24-hour trading volume of $17, 379, 206 USD.
The surge is evident from the statistics reflected in the graph above, an image sourced from CoinMarketCap.
CoinMarketcap is a platform created to track the capitalization of different cryptocurrencies, the amount of trades that use them and the current price converted into fiat currencies.
CoinMarketCap has an algorithm in place that ranks cryptocurrencies by their market capitalisation as seen in the image above. The ranking is performed based on pure statistics, which excludes reporting and analysis by media outlets. Truly, an unbiased source indeed.
According to recent statistics available, Coinmarketcap.com averages more than 60 million unique visitors to its site every day, making it one of the rare media outlets with such high traffic volumes. In fact, its website traffic surpasses that of other renowned media outlets within the country, such as The Guardian, Huffington Post and The Wall Street Journal.
Therefore, it is safe to assume that the ranking of CoinMarketCap is an accurate reflection of MXM’s position within the cryptocurrency market.
As of the time of writing, the price of MXM is at $0.098907 USD, with a 24-hour trading volume of $17,379,206 USD. Its circulating supply is at 1.64 billion MXM and the market capitalisation is at $163 million USD.
Such momentous growth is of course largely influenced by its advanced operating systems and efficient program executions.
For instance, it is common knowledge that the Bitcoin used to mine Bitcoin cannot be applied to Ethereum as well. Yet, with MaxiMine’s distributed cloud pool, the blockchain technology within allows users to easily switch between Bitcoin, Ethereum and other digital currencies, maximizing their benefits and easing their inconveniences at the same time.
Furthermore, MaxiMine has been up to track with its 2019 annual plan as promised:
TIMELINE OF MXM’S PROGRESS THUS FARIn January, MaxiMine’s Hash Power Exchange APP was launched.
In February, MXM was launched on the Atomic wallet and listed on cryptocurrency exchange, CoinBene (KR).
In March, MaxiMine participated in several blockchain events, including the Hong Kong Blockchain Week, “NEXT Blockchain Technology and Application Impact Summit”, “2019 Global Digital Innovation Conference”, “New Technology Hong Kong University Science Popularization”, and Peking University’s “2019 Digital New Financial Leaders”.
At the summit, it was announced that the second batch of mining machines was released for sale.
Including the digital assets exchange, BitForex which MaxiMine will soon be listed on, MaxiMine will be available for trade on 7 international cryptocurrency exchanges. Talk about high liquidity!Caption: Logos of current cryptocurrency exchanges listing the MaxiMine token.
MaxiMine certainly has future plans for expansions and intends to be listed on more global cryptocurrency exchanges to provide MXM holders with a plethora of options to conduct their cryptocurrency trade.
It is expected that MaxiMine’s annual plan for the year will continue to unfold itself one step at a time, successfully advancing its mining ecosystem to deliver the best quality to its users.
We just can’t wait to see what the future will bring us.
About MaxiMineMaxiMine is a highly efficient and transparent cloud-based pool mining platform. Its headquarters is located in Singapore and has a strong international presence in the industry. Since its launch, MaxiMine has been garnering positive attention for its innovative business model and operational capabilities, paving the way for unfaltering growth ahead.
To find out more about MaxiMine, check out our social media accounts at:Website:
https://maximine.io/Telegram:
https://t.me/maximineReddit:
https://www.reddit.com/r/maximine/Twitter:
https://twitter.com/maximinecoinMedium:
https://medium.com/@maximinecoinBitcointalk:
https://bitcointalksearch.org/topic/annico-maximine-mxm-multi-switching-mining-pool-with-ultra-hash-rate-3247389