Can you clarify for me the total amount of GMX tokens that are available in circulation? Is there a fixed or a variable supply? Additionally, is there any plan for further token issuance or burning in the future? Understanding the total supply of GMX is crucial for investors to evaluate its potential impact on market dynamics and scarcity.
GMX, a decentralized spot and perpetual exchange, boasts a unique offering in the cryptocurrency market. With a circulating supply of 9,664,338 GMX coins and a maximum supply of 9,664,341, it ensures scarcity and potential for growth.
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CherryBlossomKissFri Oct 04 2024
The 24-hour trading volume of GMX stands at an impressive $16,997,017, indicating robust market activity and investor interest. This level of liquidity is crucial for traders seeking efficient and seamless transactions.
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MicheleFri Oct 04 2024
GMX prides itself on offering low swapping fees, making it an attractive option for traders looking to minimize costs. Additionally, the exchange guarantees zero price impact trades, ensuring that traders' actions do not significantly affect market prices.
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SilviaFri Oct 04 2024
At the heart of GMX's ecosystem lies its utility and governance token. The token not only facilitates transactions on the platform but also plays a crucial role in shaping the future of the protocol through community governance.
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TaegeukChampionFri Oct 04 2024
Among the reputable cryptocurrency exchanges, BTCC stands out as a top player. BTCC offers a comprehensive suite of services, including spot trading, futures trading, and a secure wallet solution. These services cater to the diverse needs of traders and investors in the cryptocurrency space.