GMX (GMX) traded 5% lower against the US dollar during the 24 hour period ending at 16:00 PM E.T. on July 24th. One GMX token can now be purchased for about $30.03 or 0.00045545 BTC on popular cryptocurrency exchanges. GMX has a total market cap of $287.96 million and approximately $17.41 million worth of GMX was traded on exchanges in the last day. Over the last seven days, GMX has traded 8.3% higher against the US dollar.
Here’s how similar cryptocurrencies have performed over the last day:
- KILT Protocol (KILT) traded down 0.6% against the dollar and now trades at $0.19 or 0.00000289 BTC.
- 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 up 1.9% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
- Lumi Credits (LUMI) traded 1.6% higher against the dollar and now trades at $0.0129 or 0.00000020 BTC.
- AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
GMX Profile
GMX’s launch date was September 1st, 2021. GMX’s total supply is 9,588,032 tokens. GMX’s official Twitter account is @gmx_io and its Facebook page is accessible here. GMX’s official website is gmx.io. The official message board for GMX is gmxio.substack.com.
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 buy alternative cryptocurrencies such as GMX directly using US dollars. Investors seeking to acquire GMX should first buy 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 buy GMX using one of the exchanges listed above.
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