Hi everybody. I'm back from a busy week and cant wait to share my strong belief that this token will continue to increase in value. Its also the reason I've chosen it as my first spotlight 10 days ago. Lets talk about the price performance, in the last 10 days, the token's price has risen by 50%, from 2.2 to 3.4, and it's now ranked 100. I shall continue investing more (not financial advice) and... More
When this exchange token got brought up in the spotlight and I looked at its chart and immediately put it into my favourites tab in Tradingview.
This year, the MX token has shown remarkable strength, nearly managing to surpass its previous bull run highs from 2021.
With a relatively low marketcap for one of the biggest, credible exchanges currently in the industry and being consistently in the... More
The MX Token project has an initial supply of 1 billion tokens, which has been reduced through a buyback and burn mechanism over 38 cycles. As a result, the remaining supply is 550 million tokens, with 100 million currently in circulation. The other 450 million tokens were originally designated for team allocation.
After the community voting takes place in December 2021 on MX coins, these 450m... More
IMX token has shown a lot of strength this year and is back at its 2021 bull run highs. This has been due to the exchange’s raise in a number of key metrics - weekly visits, volume and users.
These metric increases have been because of big improvements to their platform such as:
- A big range of crypto assets supported.
- User-friendly trading interface & fully functional mobile app.
- Diverse... More
MX is the native token of the MEXC platform. MX has a total supply of One Billion tokens ( 1,000,000,000 ) On the platform, 40% of the profits on MEXC will be used to buy back and burn the MX tokens. Currently, MX tokens are used in various scenarios such as Launchpad, Kickstarter new token listing voting, and trading fee deduction.
The MX token is like the most important token to have on the... More
After doing some research on the community of MEXC it is easy to see why this exchange and their token is starting to take off in terms of traction and volume.
MEXC has made significant efforts to accommodate diverse countries and cultures by setting up Telegram groups in 18 different languages. Their Twitter account stands out in the crypto space, striking the perfect balance between promoting... More
Even with a list over 500 employees on Linkedin it was tricky to find members of the core leadership team aside from the CEO and CMO. I would like to have assessed the CTO to do a full proper analysis of the team, so if anyone can hunt them down please let me know and I will update.
First up is John Chen – CEO – who is clearly a very smart man, he has a diverse background in technology,... More
I think a CEX should do better due diligence on which tokens they list. MEXC seems to have the policy of 'more is better.'
I do not agree with this because it's a CEX. They are in control of which tokens they list and when they stop supporting them. This could result in troubles when one of their many listings is under scrutiny for whatever reason. You might think you have an easy way out, only... More
After Bybit announced the requirements of KYC for deposits, many traders/investors have been looking to scramble for a new CEX to deposit funds and trade as Binance has also been under much scrutiny from regulators. However, MEXC has been around since 2018, and is currently gaining much traction in growth.
MEXC has their own token, MX, which operates similar to how BNB works with Binance and OKB... More
Investor: What's the use of the MX token? MEXC: Hodl it like you've never hodl before <3. Investor: Why? MEXC: Read this awesome review below to find out.
Like other exchanges, MEXC has its own token, the MX token. It powers the MEXC exchange and operates on the Ethereum blockchain. Since February, it has shown an impressive 300% increase in value.
Key benefits: To participate in newly released... More
There have been numerous reviews of protocols and Daaps, but we have yet to see any mention of a Centralized Exchange token. This category of tokens appear at the top of the cryptocurrency marketcap and always is a good investment for any bull run.
You may be familiar with Binance's BNB or OKX's OKB tokens so I would like to draw your attention to MX, the token offered by MEXC exchange.
- MEXC... More