GMX (GMX) traded 2.4% higher against the dollar during the 24 hour period ending at 13:00 PM E.T. on August 18th. One GMX token can now be bought for about $25.42 or 0.00042648 BTC on major cryptocurrency exchanges. GMX has a market cap of $244.71 million and approximately $11.65 million worth of GMX was traded on exchanges in the last 24 hours. In the last week, GMX has traded up 2% against the dollar.
Here is how similar cryptocurrencies have performed in the last 24 hours:
- Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
- Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
- CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
- Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
- Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
- Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
- Lumi Credits (LUMI) traded down 0.7% against the dollar and now trades at $0.0136 or 0.00000023 BTC.
- AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
- MVP Coin (MVP) traded 10.3% higher against the dollar and now trades at $0.0530 or 0.00000089 BTC.
GMX Profile
GMX launched on September 1st, 2021. GMX’s total supply is 9,629,770 tokens and its circulating supply is 9,628,009 tokens. GMX’s official Twitter account is @gmx_io and its Facebook page is accessible here. The official message board for GMX is gmxio.substack.com. GMX’s official website is gmx.io.
While GMX hasn’t provided clear information about its founders, the platform utilizes the GMX token within its ecosystem. The GMX token offers various functionalities, including rewards, staking, vesting, and multiplier points. Users can earn rewards, stake tokens for benefits, convert Escrowed GMX to GMX through vesting, and use Multiplier Points to enhance ETH/AVAX APRs. The token plays a vital role in facilitating activities and providing incentives within the GMX ecosystem.”
GMX Token Trading
It is usually not presently possible to purchase alternative cryptocurrencies such as GMX directly using US dollars. Investors seeking to acquire GMX should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase GMX using one of the exchanges listed above.
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