Mdex - MDX - https://coinmarketcap.com/currencies/mdex/
Dex's on Binance are booming -due to lower transaction costs -and EVM Compatibility
The ecosystem is booming, attracting new projects and creating mutually beneficial, synergistic relationships for dex/new projects.
One project that appears to be greatly benefitting from this boom appears to be MDex.
Events and Catalysts:
- AMA with Huobi on September 9th at 11:00 UTC
- MDX Trading Carnival on Huobi from Sept 7th - 14th includes a $100,000 prize pool
https://www.huobi.com/support/en-us/detail/104885327411440
- Ranked #4 on all of BSC for total transactions on September 8th.
- @PancakeSwap $CAKE - 973 K
- @ape_swap $BANANA - 234 k
- @Biswap_Dex - 160 k
- @Mdexswap $MDX - 138 K
- @Wault_Finance $WAULTX -72k
- @babyswap_bsc $BABY- 70k
- @VenusProtocol $XVS - 56k
- @BladesCrypto $SKILL - 53k
- @BreederDodo $DODO - 42k
- @MOBOX_Official $MBOX- 34 k
- "MDEX is about to launch the DAO governance page to ensure effective
implementation of the Q3 roadmap on September 2, 2021"
- Destroying the Teams/Payout (demonstrates dedication to the project)
"MDEX decided to destroy all the team rewards of locking positions for
365 days in the boardroom sector on a regular basis,
which has been officially implemented since August 4, 2021. " (September alone they destroyed 5.42 million USDT.)
- Recent Partnerships with Qubit and Pancake Bunny for token minting
Attractive Statistics and factoids:
- Broke top 100 of Crypto Rankings this month, coming in at #87
as of 09/08 @ 7:00 PM Pacific time
- Total Value Locked 2,607,654,345.65 USDT
- Market Cap - $1,172,838,589
- Circulating Supply of 667,175,245.10 MDX
- Total Supply of 1,000,000,00
MDex will be one that I keep an eye on - the TVL is so large that the current valuation makes absolutely zero sense.
*Not financial advice - the rambling of a sleep deprived man on antibiotics***
