The following is not financial advice.

Welcome to back The Scoop!

This is the next post at a place where we share analysis and opinions for interesting coins, tokens and pure gems in the vast landscape of the blockchain world. There's so many coins out there, but not a lot of free information (looking at you, paid groups) and analysis on them. The Scoop aims to change that by sharing and improving the data available for a given coin.

What is MonetaryUnit?

MUE is meant for safe and fast payments. It's focused on actual utility and has quite a growing community to go with it's commercial arms (MUEX, StartMy and MUEgs). Decentralized governance, efficient mining and a committed team make this coin worth one's attention.

Also, you can purchase shares of masternodes to receive dividends without having to run one yourself:

https://mymue.com/Masternodes/Index

Quick Technicals

Algo: X11 / POW
Block time: 40 seconds
Block reward: 40 MUE (45% to miners, 45% MNs, 10% budget allocation)
Masternodes: 500k MUE
Masternode shares: 10k/share

Where's the wallet?

https://github.com/muecoin/MUECore/releases

Along with the whitepaper/overview doc:

https://docs.google.com/document/d/12-hznqKYqMRDnEiPcHy_GNpo4LVFSFBNzr6JuJRmXLc/edit

How many of them are they?

CMC says ~121m circulating supply and max 4b (over 120 years).

Who's the team?

IT, Ops and Crypto/Blockchain experience along with Business Development roles.

Also they've acquired some top talent in @notsofast as Finance Director.

How is MUE different?

It's been around since 2014, started small and has morphed into a player in the industry.

Pros

• solidified team
• interesting projects
• masternodes/shares
• growing adoption
• cool factor

Cons

• needs to keep momentum
• past network issues

Where is it traded?

Bittrex has most of it's volume with CryptoBridge (BridgeCoin's market) rounding out second place.

https://coinmarketcap.com/currencies/monetaryunit/#markets

The Final

Based on the FA, MUE looks like a low risk with medium to high reward potential if they continue momentum and build up key partnerships for adoption. Picking it up under 2k sats would be bargain or around 40-50 cents would be an upper entry while still expecting solid, crypto-style gains.

And that's your scoop!

Nobody is perfect. See anything I didn't quite get right, or needs correction? Please let me know!

Remember, absolutely NOTHING you read on this blog, twitter or otherwise content anywhere on the Internet by the authors is financial advice, so DYOR and be responsible!

One more time in case you didn't see the first two: this is NOT financial advice! Also, The Scoop authors may hold coins discussed here which may creates some bias, but we try to be fair.