MELONxMLNX
$0.172
Market/Exchange
MLNX Price Prediction and Price Movement
MLNX is up 26.66 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of MLNX can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, MLNX has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on MLNX's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
MELONx Price Chart
About MELONx
Introduction
Breast cancer is the second most prevalent cancer diagnosed in women in the United States, after skin cancer. Breast cancer can affect both men and women, but it affects women significantly more frequently.
Substantial support for breast cancer awareness and research funding has aided in the advancement of breast cancer diagnosis and therapy. Breast cancer survival rates have grown, and the number of deaths associated with the disease has progressively decreased, because of factors such as earlier diagnosis, a new personalized approach to therapy, and a better understanding of the disease.
What is MELONx?
MELONx is the second project of the DRIVENecosystem; it is a charity project that was created specifically to help women all over the world who are currently battling breast cancer. We sincerely hope they succeed.
What is the mission of the MELONx?
Our mission is to create a cryptocurrency donation platform to assist over 2,500 women in their fight against breast cancer. Development of this application has already begun, and expect to be done by the end of this year.
The cryptocurrency donations platform will be our primary utility case since it is constructed on the blockchain, every transaction will be transparent, and people will be able to see that their money is going directly to the individual they want to help. Our primary mission is to assist over 2500 women in their fight against breast cancer.
We're also developing a lottery platform to have some fun with our community while simultaneously helping more ladies with breast cancer. People can put funds into the lottery pool, and one winner will be chosen every 24 hours to receive 80% of the total lottery prize pool. The rest of the prize poll (included inside the lottery pool) will be donated directly to a breast cancer cause.
We have the ability to make a genuine difference for the larger good, rather than just for ourselves. We remind ourselves of our responsibility to make the world a better place for everyone by donating to those in need.
On each transaction, 4 percent of the built-in tokenomics is transferred into a charity wallet, from which we donate to women with breast cancer. So far, we have made nine donations to people, which you can find on our website.
MELONx Smart Contract
New Melon contract was a significant improvement for Melon because the new contract allowed us to collect funds for marketing and donations in BUSD (BEP20), which means that we can make donations to women with breast cancer without crashing the price of the actual Melon token, which was preventing us from making regular donations when the price was low. We will also be able to undertake frequent marketing promotions with the new contract.
Our objective for the new MELONx contract was to make it more appealing to hold for the long term, therefore we decided to allocate a larger amount of tokenomics specifically for redistribution to holders, as a result, MELONx holders who hold 50,000 tokens will be rewarded for holding in BUSD (BEP20).