In the entire crypto market, few tokens have experienced as dynamic a journey as MX tokens. From our humble lows in 2022 to the present highs in 2024, MX tokens have witnessed a continuous acceleration in our prices and utilities. Let’s delve into the unyielding growth of MX tokens.
What did MX Tokens Achieve in 2022?
Our MX token growth is a direct reflection of our exchange’s growth. It is also an indicator of the market’s sentiment towards crypto growth. Thanks to our users’ support, we managed to reach 10 million users worldwide. Furthermore, our token managed to reach a high of $2.96! We also managed to achieve the target of 100 million MX tokens in circulation.
As a result, we began the plan for the MX 2.0 proposal. We started reallocating 450 million MX Tokens from the Foundation Reserve. In January 2022, the platform will initiate a “Buy-Back and Burn” program, wherein 40% of the platform’s profit will be dedicated to quarterly repurchases and subsequent burning of MX Tokens. The ultimate objective is to sustain the circulating supply of MX Tokens at 100 million, ensuring a controlled and optimal token distribution.
Recovery After The Storm in 2023
The crypto market took a major turn at the end of the year of 2022. The primary cause? Terra and FTX. With investor confidence going all-time low, the entire crypto market was reaching the verge of collapse. The same goes for MX tokens. At the end of the year, we were trading merely at $0.7835. However, 2023 brings hope back to the community.
In a few short months, MX tokens gained a 280% increase in value, achieving $3.3 USDT. We are already growing more than we did in 2022. MX token’s value also manages to persist and continuously maintain the $3 USDT line throughout the year.
Simultaneously, MEXC’s Launchpad and Kickstarter began rewarding users with free airdrops. Users simply need to hold 1,000 MX tokens to receive airdrops day after day, night after night. We started slow, with only 20 airdrops every month. Slowly, our Launchpad and Kickstarter picked up momentum, rewarding users with a steady supply of 120+ free airdrops every month!
Ultimately, we managed to wrap up the year with 1,000+ free airdrops (prize pool reaching 100 Million USDT)! The free airdrops also come with an APY of +70% for all users!
MX Token Growth Accelerates In 2024
With a new year comes new expectations. In 2024, we broke our records and exceeded our expectations! Before approaching the mid-year of 2024, MX tokens already witnessed 2 new all-time highs. We first broke through our boundaries of the $3 mark, reaching $4.1 in March.
Then, as the market believes MX tokens will fall along with other CEX tokens, we rose higher! This has now brought us to a new level of height, reaching $5.85 in April. Furthermore, this marks a 520% increase since our all-time low back in 2022.
That is not all. MEXC Launchpad and Kickstarter saw equal, if not more impressive growth! We now have more than 80 free airdrops every week, reaching 300 free airdrops in a single month! Meanwhile, holding MX tokens now grants users up to a 100% discount on trading fees. With such an impressive track record, MEXC is set to continue being the user’s preferred crypto exchange for 2024.
How to buy MX Token (MX)
- Visit and log in to the official MEXC website, hover the cursor over [Spot] at the top of the page, and select [Spot].
- Type “MX” into the search bar on the right, and find the MX/USDT trading pair.
- Below the K-line chart, enter the amount and the price at which you want to buy MX.
- Click on [Buy MX] to complete the purchase and wait for the order to be executed on the market.
You can find a detailed guide on how to buy MX tokens here.
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