GMX (GMX) Price Down 12% Over Last Week

by · The Markets Daily

GMX (GMX) traded down 5.4% against the U.S. dollar during the 24 hour period ending at 13:00 PM Eastern on November 21st. One GMX token can currently be purchased for about $7.97 or 0.00009561 BTC on exchanges. In the last seven days, GMX has traded 12% lower against the U.S. dollar. GMX has a market cap of $82.53 million and approximately $13.12 million worth of GMX was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

  • Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 1.2% higher 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.
  • SolvBTC (SOLVBTC) traded down 7.2% against the dollar and now trades at $83,268.82 or 0.99843428 BTC.
  • Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 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 launch date was September 1st, 2021. GMX’s total supply is 10,350,270 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.

According to CryptoCompare, “GMX is a decentralized spot and perpetual exchange. GMX (GMX) is the utility and governance token, and also accrues 30% of the platform's generated fees.”

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 Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase GMX using one of the aforementioned exchanges.

GMX/USD price chart by TradingView