MX Price usd_mxtoken Price today

MX mxtoken

Go trade

the website

＄3.8324 +1.45%

Glob. Mkt Cap Rank： Unranked

2024-08-07:09:36:36update

24H High

28.1635

24H Turnover

1.65亿

Max Supply

0.0

24H TR

5.99%

24H Low

27.4745

24H Vol

5923404.08

Curr. Issued

98959034.0

24H High-Low

+2.51%

ATH

41.77

Highest Mkt Cap

27.59亿

Circulating Supply

98959034.0

Dominance

0.02%

ATL

0.01

Mkt Cap (Float)

27.59亿

Circulating Supply

9.9%

Issue Date

2018-06-30

Introduction

Latest News

News Flash

Basic information

Full Currency Name	抹茶/MX
Currency Code	MX
Coin Intro	"MX Token (MX) is the native utility token of the MXC trading platform, also known as the platforms token. It is also a decentralized digital asset developed by MXC Exchange (Machiavelli Exchange) on Ethereum. Its full English name is MX Token, also referred to as Machiavelli. It was issued on June 30, 2018, with a total supply of 3 billion tokens that will never be increased. The MXC exchange, as a continually growing platform, has emerged at the forefront of the wave, prioritizing community, efficiency, and security. It seamlessly integrates the benefits of centralized and decentralized trading - strong liquidity, high security, credible transparency, along with fairness and efficiency. A fair and reasonable distribution mechanism for industry dividends is at the core of MXCs development, aiming to allow traders and investors to share in the wealth brought about by blockchain technology while receiving more diverse, reliable, and secure trading services. Holders of MX Tokens (MX) can enjoy a series of rights such as asset appreciation, platform revenue sharing, supervision, voting, etc. MX tokens can be obtained through mining and purchasing. Since July 1, 2019, MXC has committed to using 100% of its trading fee profits to buy back and burn MX tokens, with monthly burns until only 100 million MX remain. MXC uses MX as its value token to gradually improve its ecosystem, thereby empowering participants and builders and providing users with safe and stable trading experiences. MX Founding Team: Public records show that the co-founder of MXC is Eric Yang. In addition, Xuyuzhu Xu, the former VP of Marketing for HPB Core Chain, officially joined Machiavelli in 2019 to oversee marketing activities. The current price of Machiavelli is $3.86, with a 24-hour trading volume of $1.73205 million. Machiavelli has fallen by 4.58% in the past 24 hours. Currently, it ranks 228th in market capitalization on BeeChecker, with a market cap of $381.802 million USD. The circulating supply is 98.959 million MX, with an issuance of 100 million MX."
Issue Date	1530316800000
All-Time High	$5.841687
All-Time Low	$0.00146211
Total Supply	1000000000
Circulating Supply	98959034
Circulating Supply Percentage	0.098959034
Market Cap	1971339288404
Fully Diluted Market Cap	$3.8581826e-9
Mkt Cap (Float)	$381802023
Circulating Market Cap % of Global Total	0.0001936764641408368
Listed on Exchanges	4
Official Link	https://www.mxc.com/
Whitepaper	https://www.mxc.com/v2/assets/whitepaper.pdf
Blockchain Explorer	"http://etherscan.io/token/0x11eef04c884e24d9b7b4760e7476d06ddf797f36"
Telegram	"https://t.me/mxc_support"
Github
Twitter	https://twitter.com/MXC_Exchange
FaceBook	https://www.facebook.com/mxcexchangeofficial
Reddit

Currency Introduction

MX Token (MX) is a decentralized digital asset developed by the MEXC platform on Ethereum. As a value token, MX gradually enhances its ecosystem, empowering participants and builders to provide users with a secure and stable trading experience, positioning itself as an industry leader.
MX also serves as proof of stake in the MEXC community, granting holders rights such as voting on business decisions, team elections, and priority access to events. MEXC fully adopts community voting suggestions and has restructured its rights distribution mechanism. Starting from January 2022, 40% of the platforms total profits are used for quarterly buybacks and burn of MX from the secondary market. The initial total supply of MX was 1 billion tokens, with over 550 million already burned, maintaining the goal of a 100 million circulating supply.
MX holders can enjoy various benefits on MEXC, including discounts on new coin listings, voting discounts, and free airdrops.
Additionally, MX has multiple use cases, such as fee reductions on the trading platform (MEXC.com) with a 20% discount.

1. Project Introduction

MEXC is a rapidly growing trading platform that emerged as a highly community-oriented, efficient, and secure digital asset exchange. It integrates the best of centralized and decentralized trading – strong liquidity, high security, trustworthiness, transparency, and fairness. MEXC’s core focus is a fair and reasonable distribution of industry benefits, ensuring traders and investors share the wealth generated by blockchain technology while receiving robust, reliable, and safe trading services. MX is the entitlement certificate of the MEXC trading platform, providing holders with asset appreciation, platform revenue sharing, oversight, and voting rights. There are two ways to acquire MX: mining or purchasing.

MX Buyback and Burn

Since July 2019, MEXC has been using 100% of its trading fee profits to periodically buy back MX from the secondary market and conduct monthly burns on the last day of each month, followed by public disclosure. Additionally, since November 2019, all MX used for fee deductions is included in the burn process.

MEXC Feature: Token Holding Rewards, Shared Benefits

In the MEXC ecosystem, MX holders benefit from token appreciation, asset growth, platform revenue sharing, oversight, and voting rights. Through "trading mining and token holding rewards," MEXC allocates 51% of MX tokens to users who contribute to system liquidity. This incentivizes community members through mining rewards and token holding, enabling them to enjoy the benefits of the MEXC community.

MEXC consolidates top-tier global industry resources to create a comprehensive digital asset platform. With extensive industry experience, it provides project issuers and investors with one-stop services for token issuance, trading, and fixed deposits, ensuring efficient and secure asset circulation within the platform.

MEXC Super Node:
The Super Node program leverages the expertise, authority, and resources of both super node institutions and the MEXC exchange to empower projects and achieve mutual benefits, fostering a global ecosystem.

For early-stage blockchain projects, super nodes offer a new approach to listing and collaboration. Leveraging MEXCs large community and future prospects, along with the resources of super nodes, they help projects grow and bring positive advancements to the industry.

For super nodes, any high-quality institution or company in the global blockchain industry can participate. Approved nodes will receive various benefits but also play roles such as project contributors and awareness builders, collectively offering users the best project investment choices.

2. Commentary

MEXC, as a continuously growing trading platform, combines the strengths of centralized and decentralized trading – strong liquidity, high security, trustworthiness, transparency, and fairness. Its core development principle is a fair and reasonable distribution of industry benefits, aiming to allow traders and investors to share the wealth created by blockchain technology while enjoying richer, more reliable, and safer trading services. MEXC offers five main business modules: cryptocurrency trading, MEXC Labs, PoS Pool, OTC, and contract trading services.

1. Project Introduction

2. Commentary

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