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Amid the fall of the cryptocurrency market, a little-known altcoin went against the trend, showing a decent rally
Banking and payments-oriented project MinePlex (PLEX) grew by almost 100% within a week.
MinePlex is a mobile digital bank designed to enable users to use cryptocurrencies and fiat for payments, banking and transfers. Its ecosystem currently consists of four main components: the MinePlex.Money payment system, the MinePlex.Payment business development platform, the MinePlex.Marketplace online store, and the MinePlex.Finance digital banking app.
During the week, the PLEX rate jumped from the level of $1.03 to a local maximum of $2, which is almost 100%.
The MinePlex.Finance app was launched last week and aims to interoperate PLEX tokens with known fiat currencies:
“The MinePlex.Finance app is independent of the MinePlex platform, although the use of PLEX project tokens is required. It is an advanced solution that can be used as a digital account, payment application or mobile wallet for PLEX tokens and well-known fiat currencies.”
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