coin image

MX Token PriceMX

155
Token
$3.40 0.32%
0.0000352 BTC1.18%0.00124 ETH1.95%

Low (24h)

$3.34

$3.45

MX Token Price Today

155
Token
Market Cap
$322,624,480.68
Market Dominance
0.01%
Market Cap
$322,624,480.68
Market Dominance
0.01%
Fully Diluted Market Cap
$3,397,680,412.17
YTD (%)
-4.59%
Volume (24h)
$50,223,064.94
Volume / Market Cap
0.15567
Circulating Supply
94,954,334 MX 9.50%
Max Supply
1,000,000,000
Total Supply
94,954,334
1h24h7d30d60d90d
-0.06%-0.32%-3.37%-6.64% -1.19% 16.33%





MX to USD

coin image MX

1

MX

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USD

MX Token Risk Analysis

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MX Token (MX) Markets


MX Token Quarterly Returns

YearQ1Q2Q3Q4Total
2019-171.56%-57.38%-35.69%-25.57%
2020-1.75%50.35%1.52%6.77%60.13%
2021335.20%-6.25%81.89%114.85%1494.41%
202213.52%-47.04%-28.87%-12.65%-62.65%
2023142.00%36.69%-14.15%20.32%241.70%
202453.92%0.80%-21.31%3.31%26.12%
Average108.58%6.91%-7.66%19.38%346.83%

Introduction to MX Token

MX TOKEN (MX) is the decentralized cryptocurrency based on Ethereum Blockchain. It is a native digital token of MEXC platform. This platform was launched to enable secure and transparent exchange of data. It is among the top crypto assets trading platforms. It enables spot, ETF, leverage, and contract trading. The work of this token is to perform various tasks like transactions and incentives within its ecosystem. In this article we will learn about this coin's origin. We will also make you aware of the unique factors that  make it unique. Moreover, we will run you through the process that will help you buy this digital currency easily. Lastly, we will dig into details of how it is fairing currently and what are its prospects of future growth.

 

What is the Origin of MX TOKEN (MX)?

In 2018 a team of founders came together. They consisted of the following: 

  1. Sheen Xin Hu the CEO
  2. Aaron Wagener COO and
  3.  Piotr Brzezinski CTO

The above three people launched this MXC Exchange. Then in the year 2019 its native token was released. In the year 2021 the exchange was relaunched as MEXC under the leadership of John Chen the current CEO of the platform. The work of this token is to fuel its network. Its focus is to enable the token holders to have access to the unique features and advantages of the platform. Moreover it even gives power to holders to vote on important proposals and participate in the network's decision-making processes. 

 

What Makes MX TOKEN (MX) Unique?

This is a decentralized ERC-20 token. It works for the growth and development of its network and incentivizes token holders to take part in the network's governance and development. It has some unique features and potential use cases that makes this token so unique. Read on because we have discussed them in this content piece. 

 

Features of MX TOKEN (MX)

Being an ERC-20 token this digital currency has some unique features which helps it to differentiate itself from other digital coins in the cryptoworld. They are as follows: 

  • Utility Token 

It is the utility token of its network. It performs some special works within its ecosystem. This token can be used to pay transaction fees, to have access to the network's features and to participate in the network's decision-making process. 

  • Rewards 

This digital currency is used to incentivize its users to take active participation in the network's governance. Users are rewarded for data sharing, network governance or for playing their part in the development of the ecosystem. 

  • Governance 

This cryptocurrency enables its holders to take active part in the network's governance. The holders can cast votes on certain proposals and take decisions regarding the development of the platform. 

 

How is the MX TOKEN Network Secured?

Being an ERC-20 token it works on Ethereum blockchain and uses its technologies. Below mentioned are some of the robust features of this coin that helps it to be a secure crypto currency:

  • Blockchain Technology 

This coin works on the Ethereum blockchain. This decentralized blockchain helps it to eliminate intermediaries and guarantee that data is distributed across the network of nodes. This helps to avoid malicious activities. 

  • Consensus Mechanism 

This network uses Proof-of-Stake consensus mechanism for staking and processing transactions. This mechanism enables the creation of new blocks in  a blockchain. 

  • Smart Contracts 

This network supports smart contracts that automatically create and enforce the rules within the network. It is used for its automation and transparency. 

  • Security Audits 

Apart from its strong technology, this network performs security audits conducted by third party firms. This audit is done to identify and address useful vulnerabilities in the network's code and infrastructure. Thus, it helps the network against any kind of threat.

 

Where Can You Buy MX TOKEN (MX)?

This coin can be directly bought from its exchange or acquired by following the below mentioned easy steps. 

  • Crypto Wallet Download 

Firstly, search for and download a cryptocurrency wallet that supports this token. 

  • Wallet Setup

Set up your wallet by following the onscreen guidelines. Buy ETH as your base currency for exchange. 

  • Crypto Exchange Choice 

Choose a reliable cryptocurrency exchange like Huobi, Bybit, Jubi, ZT etc that supports this token. 

  • Account Creation 

Create Your account on that exchange by finishing the mandatory verification process. 

  • Purchase Order

Search for this coin on that exchange and place purchase orders by exchanging ETH. 

  • Coin Deposit 

When your coins get deposited into your account, transfer them into secured wallets.

 

Risks and Challenges Associated With Cryptocurrencies 

There are certain common risks and challenges involved with every cryptocurrency in the ecosystem. Below are some of such risks for reference purposes. 

  • Trust Issues 

Cryptocurrencies are a new concept in the financial market. They do not have any links with centralized financial institutions like banks. Moreover, the price of cryptocurrencies keeps fluctuating. These are the factors that make it a risky investment and thus lack the trust of investors. 

  • Price Fluctuations 

Every cryptocurrency in the ecosystem is highly volatile. The prices of cryptocurrencies keep fluctuating on a constant basis. This continued price change makes it difficult for investors to make any investment decisions. 

  • Competitions

There are many crypto coins that come into the crypto world on a regular interval. Moreover, there are so many vintage coins that have a firm position.  They are always in competition with each other within the ecosystem. The features and advantages provided by them are also almost the same. Due to this reason, they have to constantly bring something new to the table to become unique and attract users.

 

Conclusion 

This token was launched to provide security and transparency. It has some of the best features that help it gain a good amount of traction. It has a strong technological foundation that makes this coin's network secure. Every cryptocurrency has some risks, so it is advisable to conduct proper research on the risks and challenges involved with this coin. Lastly, this network is a community-driven network and allows its holders to take part in the network's governance, which helps it gain widespread adoption. The above discussed aspects make this digital currency a good investment. 

 

How Much is a One MX Token Worth Now?

The current price of the MX Token(MX) is $3.40, with a current market cap $322,624,480.68.

What is the MX Token Max Supply?

The maximum supply of the MX Token(MX) is around 1B.

What is the MX Token Stock Symbol or Ticker?

MX is a ticker symbol of the MX Token.

How Many MX Coins Are There in Circulation?

At the movement,94.95M MX Token tokens are already in the market out of 418.39M MX.

How Can I Invest in MX Token?

There are many options for buying crypto, and MX Token can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy MX Token. It's a quick, easy, and secure way to buy MX Token(MX).

Is MX Token a Stablecoin?

No, It is not a stablecoin.

What Was the Lowest Price for MX Token?

MX Token had an all-time low of $0.0420.

What Was the Highest Price for MX Token?

MX Token had an all-time high of $5.85.

MX Token Price Prediction

The current MX Token price is $3.40. In the last 24 hours, MX Token price has gone up by -0.32%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future MX Token price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired MX Token at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

Coin Converter

By exchanging MX against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, MX Token can be earned or received in various ways. MX considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the MX, including MX to PHP, MX to INR, MX to NGN, MX to THB, MX to CAD, MX to PKR, MX to IDR , MX to EUR , MX to AUD , MX to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 MX is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like MX to BTC, MX to MYSTERY, MX to LTC, MX to XRP, MX to SUI, MX to APT, MX to TST, MX to BNB, MX to GNO, MX to HYPE .

MX Price Current Data

MX Token price today is $3.40 USD, which is Down by -0.32% over the last 24 hours. There has been an hourly Dip by -0.06%. MX Token's market cap currently sits at $322,624,480.68 USD, holding up for a market cap rank at #155. The volume were at $50,223,064.94 USD MX Token ranks no 155 in the market capitalization of MX Token is at $322,624,480.68 and its volume for 24 hours is $50,223,064.94. MX Token are under circulation, with total supply of 418.39M and the Maximum supply of 1B.

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MX Price Statistics

MX Token Price Live

MX Price

$3.40

Percentage Change ( 24h )

0.32%

$0.12
24h High / Low

$3.45 /

$3.34

Trading Volume 24h

$50,223,064.94

Volume / Market Cap

0.15567

Market Dominance

0.01%

Market Rank

155

Market Cap

$322,624,480.68

Fully Diluted Market Cap

$3,397,680,412.17

All Time High

$5.85

41.91%
All Time Low

$0.0420

7984.33%
Circulating Supply

94,954,334 MX

Total Supply

418,391,834 MX

Max Supply

1,000,000,000 MX