Mdex Achieves Market Capitalization of $1.66 Million (MDX)

Mdex (MDX) traded 2.7% lower against the U.S. dollar during the twenty-four hour period ending at 9:00 AM ET on April 3rd. During the last seven days, Mdex has traded down 6.5% against the U.S. dollar. Mdex has a market cap of $1.66 million and $2.47 million worth of Mdex was traded on exchanges in the last day. One Mdex token can now be purchased for $0.0017 or 0.00000002 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC.BBN (SOLVBTC.BB) traded down 2.7% against the dollar and now trades at $82,040.20 or 1.00170250 BTC.
• SolvBTC (SOLVBTC) traded down 3.3% against the dollar and now trades at $81,947.70 or 1.00057303 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Mdex Token Profile

Mdex’s launch date was November 14th, 2020. Mdex’s total supply is 1,060,000,000 tokens and its circulating supply is 950,246,937 tokens. The official website for Mdex is mdex.co. The official message board for Mdex is medium.com/@mdexofficial. Mdex’s official Twitter account is @mdextech and its Facebook page is accessible here.

According to CryptoCompare, “Mdex is an automatic market-making decentralized exchange based on the concept of fund pools. It is similar in function to some DEXs on the market, but on this basis, it proposes and implements a dual-chain DEX model based on the Huobi Eco Chain and Ethereum. It combines the advantages of the low transaction fees of the Huobi Eco Chain and the prosperity of the Ethereum ecosystem and supports the dual mining mechanism of liquidity and transactions.”

Buying and Selling Mdex

It is usually not currently possible to purchase alternative cryptocurrencies such as Mdex directly using U.S. dollars. Investors seeking to trade Mdex should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Mdex using one of the exchanges listed above.

MDX/USD price chart by TradingView