What MNEE is designed to do
MNEE is a fiat-backed stablecoin, currently ranked 230th by market capitalization among the assets we track. MNEE is a fiat-backed stablecoin: each token is meant to be redeemable for a reference currency held in reserve, so its job is to stay flat, not to appreciate. It is plumbing for the crypto economy rather than a bet on price.
MNEE is a cryptocurrency designed for efficient transactions and smart contracts within a decentralized network. It aims to provide a secure and scalable platform for users and developers alike.
How the peg is meant to hold
A fiat-backed stablecoin holds its peg through redemption: if MNEE trades below its target, arbitrageurs buy it cheap and redeem at par, and vice versa. That arbitrage only works if redemption is real and reserves are sufficient.
Background & fundamentals
In sector terms it is most often filed under Stablecoin, Recently Added, and Ethereum (ETH) Token (ERC-20).
Where MNEE sits in the market
At $0.9998, MNEE carries a market capitalization of $65.97M. Around $143.86K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.22% of the float — on the quieter side, which can mean thinner liquidity for large orders.
At the current $0.9998, MNEE sits essentially at its record high — the riskier end of the range for fresh entries.
What the price history shows
The tape currently reads 7-day -0.07%.
Volatility profile
Recent action puts MNEE in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a stablecoin like MNEE
The honest checklist for MNEE is short:
- Reserve quality — what backs MNEE — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.