bitcoin
Bitcoin (BTC) $ 96,679.90
ethereum
Ethereum (ETH) $ 2,713.92
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 706.34
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.47
binance-usd
BUSD (BUSD) $ 0.99729
dogecoin
Dogecoin (DOGE) $ 0.261202
cardano
Cardano (ADA) $ 0.775795
solana
Solana (SOL) $ 195.21
matic-network
Polygon (MATIC) $ 0.323866
polkadot
Polkadot (DOT) $ 5.14
tron
TRON (TRX) $ 0.240113
bitcoin
Bitcoin (BTC) $ 96,679.90
ethereum
Ethereum (ETH) $ 2,713.92
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 706.34
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.47
binance-usd
BUSD (BUSD) $ 0.99729
dogecoin
Dogecoin (DOGE) $ 0.261202
cardano
Cardano (ADA) $ 0.775795
solana
Solana (SOL) $ 195.21
matic-network
Polygon (MATIC) $ 0.323866
polkadot
Polkadot (DOT) $ 5.14
tron
TRON (TRX) $ 0.240113

MEXC burns MX tokens for over $12 million in Q4 2024

-

  • A complete of three.39 million MX tokens have been burned final quarter.

  • MX holders have advantages corresponding to fee reductions and unique airdrops.

MEXC, a number one international cryptocurrency trade, is proud to announce the profitable completion of its MX token buyback and burn program for the fourth quarter (This autumn) of 2024.

On this latest initiative, have been withdrawn from circulation 3.39 million MX tokensvalued at over $12 million based mostly on worth knowledge as of January 15, 2025 on CoinMarketCap. This strategic burn represents a 3.5% discount within the whole provide of MX tokens. This highlights MEXC’s continued dedication to strengthening the ecosystem and growing the worth of the token.

This autumn 2024 MX Token Burn Particulars

  • Complete burned in This autumn 2024: 3.390.000 tokens MX.
  • Transaction particulars: View the knowledge in Etherscan.
  • Circulating provide: 93.391.834 tokens MX.

For extra info, see the This autumn 2024 burn announcement.

Concerning the quarterly MX burning mechanism

Since its creation, MEXC has been dedicated to decreasing the circulating provide of MX tokens to extend its shortage and generate long-term worth for MX token holders.

Since 2022, a complete of 581,608,166 MX tokens have been withdrawn by way of common purchases and burning. Every quarter, MEXC allocates 40% of the platform’s income to those buybacks, with the aim of sustaining a goal circulating provide of 100 million MX tokens.

Advantages of holding MX tokens in 2025

MEXC regularly will increase the worth of MX tokens by way of buybacks, burns, strategic partnerships, and lively group engagement. For MX holders, this token is greater than an asset; It’s a gateway to unique advantages and a rising ecosystem.

See also  How will the anticipated weakening of the dollar impact bitcoin?

Reductions on working charges

Customers can get pleasure from as much as 50% low cost in buying and selling commissionswhich improves the profitability of every operation.

Eligibility for unique airdrops

MX holders have unique entry to airdrops of latest initiatives, together with these launched by way of MEXC’s Launchpool and Kickstarter, with as much as 50 free airdrops accessible each week.

MEXC continues to cleared the path in innovation with strategic initiatives such because the MX token buyback and burn program. This program not solely enhances the worth of the tokens, but in addition reaffirms its dedication to enriching the consumer expertise. By regularly advancing its platform and companies, MEXC ensures an distinctive buying and selling setting, thereby establishing itself because the platform of selection for rigorous merchants globally.

About MEXC

Based in 2018, MEXC is dedicated to being “Your Best Path to Crypto.” With over 30 million customers in over 170 international locations and areas, MEXC is thought for its extensive number of trending tokens, frequent airdrop alternatives, and low buying and selling charges. Its intuitive platform is designed to help each new merchants and skilled traders, providing safe and environment friendly entry to digital property. MEXC prioritizes simplicity and innovation, making cryptocurrency buying and selling extra accessible and rewarding.

MEXC Official Web site|X|Telegram|Find out how to Register on MEXC

Danger discover:

The knowledge offered on this cryptocurrency article doesn’t characterize the official place of MEXC nor does it represent funding recommendation. Given the excessive volatility of the cryptocurrency market, traders are strongly suggested to rigorously consider market fluctuations, undertaking fundamentals, and potential monetary dangers earlier than making buying and selling choices.

See also  Best Time to Invest in US, Betting on Crypto

The content material and hyperlinks offered on this article are for informational functions solely. CriptoNoticias doesn’t supply authorized, monetary or funding suggestions or recommendation. Cryptocurrency investments by way of ICOs and token pre-sales are excessive threat. Every get together ought to conduct their very own analysis and make investments at their very own threat. CriptoNoticias doesn’t endorse any funding or comparable gives promoted right here. For extra info go to our Disclaimer.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Most Popular

Sticky BannerSticky Banner×