There have been numerous reviews of protocols and Daaps, but we have yet to see any mention of a Centralized Exchange token. This category of tokens appear at the top of the cryptocurrency marketcap and always is a good investment for any bull run.
You may be familiar with Binance's BNB or OKX's OKB tokens so I would like to draw your attention to MX, the token offered by MEXC exchange.
- MEXC exchange is known for its popularity in terms of the number of listed tokens, as shown in figure 1. This indicates that their launchpad and kickstarter projects are strong compared to other exchanges, which has led to a high demand for holding MX token.
- The number of users and development ratio are consistently at the top of Centralized Exchanges, as shown in figure 2. When compared to other exchanges such as OKX, the MX token is still in the low cap, with a value 9 times lower than OKB. This suggests that there is room for the MX price to rise. Show Less