MMX Information

MMX is gaining attention in the crypto space for its innovative approach to integrating smart contract technology with real-world applications. This coin aims to enhance transactional efficiency and transparency across various sectors, setting itself apart from traditional cryptocurrencies. With a focus on user-friendly interfaces and robust security measures, MMX positions itself as a promising option for both seasoned investors and newcomers alike.

MMX

$1.12

Title : MMX
Symbol : mmx
Current Price $ : 1.12 $
High 24h : 1.24 $
Low 24h : 1.083 $
Price Change 24h : -0.060298175530012 $
Price Change % 24h : -5.10707 %
Market Cap : 170174791
Whitepaper : https://explore.m2.com/mmx-whitepaper
Website : https://www.m2.com/en_AE/
Community : https://www.instagram.com/m2exchange/
Total Volume : 202752
Market Cap Change 24h : -9181291.138824
Market Cap Change % 24h : -5.11903 %
Circulating Supply : 151897237.88997
Total Supply : 499897237.88997
Max Supply : 500000000
Last Updated : 2025-01-21 23:51
All Time High (ATH) : 3.47
ATH Change % : -67.73652 %
ATH Date : 2023-11-24 13:04
All Time Low (ATL) : 0.547335
ATL Change % : 104.7521 %
ATL Date : 2024-11-07 08:12

more information

Introduction to MMX: A Unique Cryptocurrency

MMX, represented by the symbol "mmx", has garnered attention in the cryptocurrency landscape with its fluctuating prices and intriguing features. As of the latest data, MMX is priced at $0.765882, showing a decline from its all-time high (ATH) of $3.47 achieved on November 24, 2023. With a current market cap of approximately $114 million, MMX has a circulating supply of around 149.5 million coins out of a total supply of 499.9 million, with a maximum supply capped at 500 million.

The Development Journey of MMX

Since its inception, MMX has experienced significant volatility, reflecting broader market trends and sentiment towards cryptocurrencies. The coin reached its all-time low (ATL) of $0.611812 on October 21, 2024, marking a notable 25% increase since then. This journey illustrates the inherent risks associated with investing in lesser-known cryptocurrencies, as their prices can be influenced by speculation and market sentiment.

Pros of Investing in MMX

There are several advantages to consider when investing in MMX. Firstly, the total supply restriction of 500 million coins implies a certain level of scarcity, which could drive demand if the project gains traction. Secondly, MMX's whitepaper, available here, outlines a comprehensive vision for the project's development, suggesting a long-term strategic plan aimed at enhancing user engagement and functionality.

Additionally, the market cap of MMX, although currently modest, reflects potential for growth, especially as the cryptocurrency market matures. This positioning may attract institutional investors looking for emerging opportunities in blockchain technology.

Cons and Challenges Facing MMX

Despite its potential, MMX also faces notable challenges. The recent price drop of 2.18% over the last day, coupled with a 2.4% decline in market cap, underscores the volatility typical in the crypto space. Investors should be cautious of such fluctuations as they can indicate market instability and uncertainty.

Furthermore, MMX must compete with established cryptocurrencies that offer similar functionalities and greater liquidity. The risk of technological obsolescence or failure to deliver on promises laid out in the whitepaper remains a critical concern. Projects like MMX must consistently innovate and adapt to stay relevant in a rapidly evolving market.

Future Outlook for MMX

The outlook for MMX hinges on several factors – primarily, its ability to build a robust community and establish real-world use cases. As the cryptocurrency market continues to expand, those projects that can effectively demonstrate utility and value will likely thrive. Analysts and enthusiasts are closely monitoring MMX's developments, keen to see if it can bounce back from its recent lows and regain investor confidence.

Overall, while MMX presents an intriguing investment opportunity, potential investors should conduct thorough research and risk assessments before engaging. Keeping an eye on market trends, community developments, and overall performance will be crucial for making informed decisions regarding MMX.

Conclusion

In conclusion, MMX is a cryptocurrency with both promise and volatility. It offers insights into the dual nature of many emerging digital assets – potential for growth alongside inherent risks. As MMX navigates the complexities of the crypto landscape, its future will largely depend on technological advancements, market dynamics, and community support.

General Information
from price $1
Title MMX
Symbol mmx
Whitepaper https://explore.m2.com/mmx-whitepaper
Website https://www.m2.com/en_AE/
Community https://www.instagram.com/m2exchange/
Last Updated 2025-01-21 23:51

Price Data
Current Price $ 1.12 $
High 24h 1.24 $
Low 24h 1.083 $
Price Change 24h -0.060298175530012 $
Price Change % 24h -5.10707 %

Market Data
Market Cap 170174791
Total Volume 202752
Market Cap Change 24h -9181291.138824
Market Cap Change % 24h -5.11903 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 151897237.88997
Total Supply 499897237.88997
Max Supply 500000000

Historical Data
All Time High (ATH) 3.47
ATH Change % -67.73652 %
ATH Date 2023-11-24 13:04
All Time Low (ATL) 0.547335
ATL Change % 104.7521 %
ATL Date 2024-11-07 08:12