GMX (GMX) traded down 2.9% against the U.S. dollar during the 24-hour period ending at 19:00 PM Eastern on July 25th. During the last seven days, GMX has traded 2.6% higher against the U.S. dollar. One GMX token can now be bought for about $28.67 or 0.00043660 BTC on major cryptocurrency exchanges. GMX has a market capitalization of $274.89 million and $21.74 million worth of GMX was traded on exchanges in the last day.
Here is how related cryptocurrencies have performed during the last day:
- KILT Protocol (KILT) traded 1.9% lower against the dollar and now trades at $0.19 or 0.00000284 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 down 2.2% 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 up 1.5% against the dollar and now trades at $0.0131 or 0.00000020 BTC.
- AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
GMX Token Profile
GMX’s genesis date was September 1st, 2021. GMX’s total supply is 9,589,613 tokens. GMX’s official website is gmx.io. The official message board for GMX is gmxio.substack.com. GMX’s official Twitter account is @gmx_io and its Facebook page is accessible here.
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 possible to purchase alternative cryptocurrencies such as GMX directly using US dollars. Investors seeking to trade GMX should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase GMX using one of the aforementioned exchanges.
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