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Market

Market stats

Market cap

$291.0M

Volume (24h)

$3.9M

Circulating supply

100.6M MX

All time high

$3.70

Price change (1h)

-0.02%

Price change (24h)

-3.09%

Price change (7d)

-0.97%

About MX TOKEN

What is MX TOKEN?

MX TOKEN (MX) is a native cryptocurrency token introduced by a centralized exchange in 2019. It serves as a key component of the ecosystem, providing its holders with access to certain features and benefits of the platform. MX TOKEN holders are granted voting rights on business decisions, team elections, and are given priority participation in various activities. The token has a deflationary characteristic, with a portion of the trading fees being used to buy back and burn tokens, thereby reducing the overall supply. MX TOKEN is an ERC-20 token, deployed on the Ethereum blockchain.

How does MX TOKEN work?

MX TOKEN operates within a crypto exchange and P2P platform that provides access to spot, margin, and futures trading. The platform also provides a range of digital asset trading services, passive investment staking, and DeFi tools. MX TOKEN holders have access to community activities, as well as the right to participate in voting on business issues, project listing, and team elections. The token also contributes to the coverage of trading fees and MX DeFi mining.

What are the potential use cases for MX TOKEN?

MX TOKEN is intended to support the growth and expansion of the ecosystem. It encourages token holders to contribute to the development of the ecosystem. The core products of the platform, such as Launchpad, Kickstarter, MX-DeFi, and M-Day, all utilize MX TOKEN. Launchpad is a platform where users can support projects at an early stage, Kickstarter is a pre-launch event where users vote with MX to initiate projects, MX-DeFi is a program that allows users to stake MX tokens and receive compensation, and M-Day is an activity that allows users to acquire newly issued digital tokens through a lottery.

What is the history of MX TOKEN?

MX TOKEN was released by a centralized exchange in 2019. The company was established in April 2018 and registered in Seychelles. The exchange was co-founded by Sheen Xin Hu, Aaron Wagener, and Piotr Brzezinski. Sheen Xin Hu, who also started the MXC Foundation, is a tech development veteran with a decade of experience and is the core developer at MXC zkEVM. In 2021, the exchange was officially rebranded to MEXC Global, now MEXC Official, under the leadership of Singaporean businessman, John Chen, who took over as CEO. As of June 2023, MX TOKEN has a total supply of 450,000,000 coins with 100,000,000 MX in circulation.

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Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

MX TOKEN is on the decline this week.

The price of MX TOKEN has fallen by 0.97% in the past 7 days. The price declined by 3.09% in the last 24 hours. In just the past hour, the price shrunk by 0.02%. The current price is $2.89 per MX. MX TOKEN is 21.83% below the all time high of $3.70.

The current circulating supply is 100,631,535.5 MX.

FAQ

What is the current price of MX TOKEN?

We update our MX TOKEN to USD currency in real-time. Get the live price of MX TOKEN on Coinbase.

What is the market cap of MX TOKEN?

The current market cap of MX TOKEN is $291.01M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of MX TOKEN?

The all-time high of MX TOKEN is $3.70. This all-time high is highest price paid for MX TOKEN since it was launched.

What is the 24 hour trading volume of MX TOKEN?

Over the last 24 hours, the trading volume of MX TOKEN is $3.90M.

What other assets are similar to MX TOKEN?

Assets that have a similar market cap to MX TOKEN include Qtum, FLOKI, Enjin Coin, and many others. To see a full list, see our comparable market cap assets.

How many MX TOKEN are there?

The current circulating supply of MX TOKEN is 101 million.

Can I buy MX TOKEN on Coinbase?

Yes, MX TOKEN is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy MX TOKEN guide.

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