Mdex Market Cap Reaches $1.66 Million (MDX)

Mdex (MDX) traded down 2.7% against the dollar during the 24 hour period ending at 9:00 AM Eastern on April 3rd. One Mdex token can currently be purchased for about $0.0017 or 0.00000002 BTC on popular exchanges. Over the last seven days, Mdex has traded 6.5% lower against the dollar. Mdex has a market capitalization of $1.66 million and $2.47 million worth of Mdex was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed over 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 2.2% lower 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 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 3.3% lower against the dollar and now trades at $81,947.70 or 1.00057303 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 down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Mdex

Mdex was first traded on November 14th, 2020. Mdex’s total supply is 1,060,000,000 tokens and its circulating supply is 950,246,937 tokens. Mdex’s official website 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 presently possible to buy alternative cryptocurrencies such as Mdex directly using US dollars. Investors seeking to acquire Mdex should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Mdex using one of the aforementioned exchanges.

MDX/USD price chart by TradingView