Cryptocurrencies have become an integral part of the financial world, offering diverse investment opportunities beyond traditional markets. One token gaining attention is the MX Token (MX). It is the native utility token of MEXC, one of the most prominent cryptocurrency trading platforms. This article explores why now might be the ideal time to consider adding MX Tokens to your investment portfolio.
MX Token Holders Receive Great Benefits in MEXC
MX token is the pillar of MEXC. Therefore, you are greatly rewarded when you hold MX tokens!
Huge Amount Of Free Airdrops
For starters, you can join MEXC’s Launchpad and Kickstarter Campaign after holding MX tokens. At these events, participants can receive a truckload of airdrops for free every day!
As of June 1, 2024, MEXC Launchpad and Kickstarter have completed 1,251 free airdrops in just five months, showcasing exceptional performance among centralized exchanges. MEXC distributes an average of over 70 airdrops weekly, with a monthly prize pool exceeding $17 million. This translates to a total reward distribution of $58.95 million USDT from the 1,001 free airdrops.
If you are a participant, you will gain 70 airdrops, equivalent to a profit of 70 USDT every week! In a month, it will accumulate to 280+ USDT!
Lowest Trading Fees For MX Holders
One of MEXC’s standout features is its lightning-fast order execution while boasting a 0.0% maker fee and only a 0.1% taker fee for spot trading. Meanwhile, futures trading comes with a 0.0% maker fee and a 0.01% taker fee. Super low right? That is not all if you are a MX token holder.
If you are holding MX tokens, you will receive even better trading rates. Spot trading fees will be 0.0% on both maker and taker. (100% trading fee discounts on all spot trading)! Furthermore, there is an additional 10% futures trading fee discount. 0.0% maker and only 0.009% taker fees.
MX Token’s Potential Remains Huge
According to Elliott Wave Theory and Fibonacci retracement, MX’s potential for future growth remains huge. The chart illustrates the historical price movement from 2021 to mid-2024, showing significant volatility with distinct peaks and troughs. Currently, the MX Token is priced at around 4 USDT.
Based on the Elliott Wave Theory, we can see a series of impulsive and corrective waves that suggest a bullish trend ahead. The chart indicates that we are likely in the early stages of a new impulsive wave (Wave (iii)) that could see substantial price increases. Key resistance levels are identified at approximately 6.00 USDT, which if breached, could lead to further upward movement.
Looking at the long-term projections, the Fibonacci extension levels suggest that the MX Token has the potential to reach up to 35.00 USDT and beyond by 2026. Therefore, now might be a good time to purchase some MX tokens.
Explore How MEXC Users Think Of MX Token’s Future
On MEXC’s price prediction page, users can explore how everyone thinks of MX’s future token price. Currently, public opinion is steering towards a very bullish nature, with over 66% of users agreeing that MX will reach $10 in the coming years. Enter your predictions, hold MX tokens, and prepare for MX’s kick-off to the moon!
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 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.
Join MEXC and Start Trading Today!
