On June 21, the dollar traded 9% higher than it did on the same day. On major exchanges, one GMX token is now available for $56.67 (or 0.00187889 BTC). GMX has a market capitalization of $499.05 millions and the exchanges have traded GMX worth $29.85million in the past day.
The performance of other crypto currencies in the past day is shown below:
KILT Protocol, or KILT, is now trading at $0.36 (0.00001202 BTC) and has risen by 1.3% against the dollar.
Aidi Finance BSC (AIDI) has traded down 2.2% in relation to the dollar, and is now trading at $0.0000 or 0.00000000 BTC.
Zoo Token (ZOOT), which trades for $0.0652, or 0.00000239 BTC, has fallen 2.2% in value against the dollar.
CareCoin (CARES), which is a cryptocurrency, has traded at $0.0809 per dollar or 0.00000297 BTC. This is a 2.2% decline.
OmniaVerse, or OMNIA, is now trading at $0.0013 (0.00000004 BTC) after increasing by 8.3% in relation to the dollar.
Kitty Inu, or KITTY, is now trading at $95.84 (0.00338062 BTC) after a 1.9% increase against the dollar.
Hokkaidu Inu, or HOKK, is now trading at $0.0004 (0.00000001 BTC) after a 5.5% increase in value against the dollar.
Lego Coin (LEGO), which is a cryptocurrency, has traded at $0.0132, or 0.00000044 BTC. This is a 4.9% increase against the dollar.
Jeff in Space (JEFF), which trades for $2.75, or 0.00010076 BTC, has fallen 2.2% in value against the dollar.
Lumi Credits (LUMI), which trades for $0.0088, or 0.00000029 BTC, is now up 3.3% against the dollar.
The genesis date for GMX was 30 August 2021. GMX has a total supply of 9,291,934 GMX tokens, and a circulating supply of 8,805,495 GMX tokens. Here is a link to the article
CryptoCompare states that GMX is a "decentralized spot and perpetual trading exchange" which offers low swap fees, and trades with no price impact. The platform uses a multi-assets pool to generate liquidity provider fees through market making, swaps, and leveraged trading. The platform aggregates prices and leverages Chainlink Oracles in order to provide dynamic pricing.
GMX does not provide clear information on its founders. However, it uses the GMX token within its ecosystem. GMX offers a variety of functionalities including rewards, staking and vesting. Users can earn rewards by staking tokens, converting Escrowed GMX into GMX via vesting and using Multiplier points to increase ETH/AVAX APRS. The token is essential in facilitating and rewarding activities within the GMX eco-system.
GMX Token Trading
GMX is not available for purchase directly with US dollars. GDAX or Bitcoin. MarketBeat.com’s FREE CryptoBeat Newsletter