Mirex Network: Is MRX Price Still Falling as Fix Is Delayed?
Recovery Misses the October 30 Target as Microsoft Help Lags
A new Mirex Network progress update dated Friday, October 30, 2026, says mining balance discrepancies and spin & win reward issues in its crypto mining app remain unresolved.
The team had hoped to fix them that day but is still awaiting further assistance from Microsoft, which has delayed recovery. Separately, MRX moved lower over the past 24 hours.
Source: Official X Post
What the Post Says on Cause, Commitment, and Next Steps
The post is brief but covers four points:
Point | What the post says |
Cause | Microsoft’s unexpected suspension of Azure infrastructure without prior warning |
Commitment | All balances and earned rewards are to be correctly accounted for and discrepancies addressed |
Revised deadline | None given |
Communication | Further updates to follow as progress is made |
The team adds that it is doing everything within its control, though it does not say what steps are under way or which parts depend on outside help.
Mirex Network Bonus Intent: What Has and Has Not Been Said
Mirex Network says it recognizes the frustration the disruption has caused and intends to offer additional bonuses or rewards to the community once the issues are resolved. It describes them as a gesture of appreciation for patience and support.
The post does not specify:
The size or form of any bonus
Which users would qualify
When it would be issued
Whether the extra rewards would be separate from corrected balances
MRX Price Snapshot: Sellers Lead and Liquidity Stays Thin
The MRX/USDT pair on PancakeSwap (BNB Chain) showed these readings:
Metric | Reading |
Price | $1.07 (1.0780 USDT) |
24H change | -4.30% |
6H change | -0.51% |
1H change | +0.90% |
5M change | +0.59% |
Liquidity | $55K |
Market cap and FDV | $29.1M |
24H volume | $1.9K |
Transactions | 30 (11 buys, 19 sells) |
Buy and sell volume | $567 and $1.3K |
Source: Dex Screener
Note: Prices can change quickly, so figures may not reflect the latest value. Readers should check a live price tracker for current data.
Two details stand out from the table:
Sell volume was more than double buy volume
Liquidity of $55K sits far below the $29.1M market cap, so small trades can move the quoted price
Month-Long Chart Shows Price Back Near Its Starting Level
The 4-hour chart for MRX/USDT shows four stages across the month:
Early trade near $1.05 slid toward $0.80 by mid-month
A strong jump around October 18 lifted it to about $1.20
A high above $1.35 followed around October 22
A gradual slide since then has brought it to $1.07
At $1.07, MRX sits roughly 20% below its peak and close to its early-month level. The slide began around October 23, so the chart cannot isolate any effect from the latest Mirex Network delay.
Open Questions Left by the Missed Friday Target
Several points remain unanswered:
When Microsoft will provide the assistance the team is waiting for
How and when corrected balances will appear in the app
Whether trading activity on the exchange pair recovers from current lows
The post confirms a delay and a commitment, but not a new date. For readers scanning crypto news today, the practical takeaway is that Mirex Network has committed to correct balances and further updates, while the token trades on limited volume. Confirmed fixes, not stated intentions, will settle the matter.
YMYL Disclaimer: This article is for informational and educational purposes only and should not be taken as financial or investment advice. Crypto markets are volatile, and details such as roles, plans, or figures mentioned here can change over time. Readers should do their own research before making any decisions based on this content.
