MX Token (MX)

$3.42

+4.93%

Stay informed on MX Token (MX) with live charts and instant updates. Get a comprehensive overview of the MX market, learn how to trade cryptocurrencies, and explore the dynamic world of digital finance. Analyze the key factors influencing MX prices with detailed news coverage and expert insights.

MX Token (MX) Price Real Time-Data

The live price of MX is $3.42 with a 24-hour trading volume of $26.82M. Its 24-hour peak value is $3.5, and its 24-hour low is $3.25. The current circulating supply is 96.78M MX, out of a maximum of 1B MX, leading to a fully diluted market capitalization of $331.24M. MX Token (MX) to USD price is updated in real-time.

What is MX Token (MX)?

MX Token (MX) is the native cryptocurrency of the MEXC exchange, launched in 2019. It powers the MEXC ecosystem, offering holders benefits like voting on platform decisions, participating in exclusive events, and enjoying priority access to platform activities.

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FAQ

Who are the founders of MX Token (MX)?

MX Token was co-founded by Sheen Xin Hu, Aaron Wagener, and Piotr Brzezinski. Sheen Xin Hu, who holds dual master’s degrees and has extensive experience in tech, played a significant role in its development. MEXC is currently led by John Chen, who became CEO in 2021.

How many MX Token (MX) are there?

MX Token has a total supply of 450 million coins, with 100 million MX currently in circulation as of June 2023. The token is deflationary, with MEXC using a portion of trading fees to buy back and burn MX tokens, reducing the overall supply.

What are the potential use cases for MX Token (MX)?

MX Token is used for voting on platform decisions, paying trading fees, and participating in MEXC’s various activities like Launchpad, Kickstarter, and MX-DeFi mining. It also grants holders access to community promotions and exclusive events.

What is the history of MX Token (MX)?

MX Token was launched in 2019 by the MEXC exchange. Initially founded by Sheen Xin Hu and his team, the platform was rebranded to MEXC Global in 2021 under the leadership of John Chen. MX Token has since become integral to the MEXC ecosystem, offering various benefits and use cases.