Mdex Coin Price Prediction

Mdex

What Is Mdex (MDX)?


MDEX is a new decentralized trading protocol that launched in January 2021.

MDEX is an automated market making (AMM) decentralized exchange protocol that operates on the concept of fund pools, sharing some similarities with standard DEXs, but differentiating itself from competitors by using a dual-chain model modeled on both the Ethereum network and the Huobi Ecological Chain (HECO), which gives it access to the liquidity of the Ethereum ecosystem.

A trading platform built on top of HECO, MDEX has an estimated cost for token swaps at $0.001 for each trade, with a transaction speed of three seconds.

What Makes Mdex Unique?


The vast majority of DeFi projects live on the Ethereum network as ERC-20 assets, but it is facing problems with expensive gas fees and slow transaction speeds during its transition to Ethereum 2.0.

Most newly-developed protocols heavily consider scalability factors in their choice of blockchain networks if they want a fast adoption rate. Uniswap at least had an early-mover advantage, since it launched before the Ethereum network became heavily congested – and some say that Uniswap itself is one of the main reasons for the network’s congestion, However, Uniswap’s market majority could change really fast if second-layer solutions are not rolled out in time and deliver their expected results.

For this reason, the Huobi Ecological Chain-based Mdex claims a unique characteristic of being based on a chain that aims to avoid scalability problems.

Mdex Price Prediction


If you’re looking for Mdex price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of Mdex (MDX) will go in the future? We will analyze the past prices of Mdex (MDX) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.

YearMinimum PriceAverage PriceMaximum Price
2022$0.29$0.30$0.35
2023$0.41$0.43$0.50
2024$0.61$0.63$0.71
2025$0.90$0.92$1.07
2026$1.28$1.31$1.56
2027$1.84$1.91$2.21
2028$2.64$2.72$3.23
2029$3.70$3.84$4.57
2030$5.37$45.52$6.41
2031$7.65$7.87$9.45

Mdex Overview


Coin NameMdex
Coin SymbolMDX
USD Price$ 0.22
Marketcap$ 189,419,183
24h Volume$ 7,584,579
Total Supply1,000,000,000

Mdex (MDX) Price Prediction


At reconshell.com we predict future Mdex price predictions/MDX forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of Mdex. We do our best to collect maximum historical data for the MDX coin which include multiple parameters like past price, Mdex marketcap, Mdex volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.

Mdex Price Prediction 2022

According to our deep technical analysis on past price data of MDX, In 2022 the price of Mdex is predicted to reach at a minimum level of $0.29. The MDX price can reach a maximum level of $0.35 with the average trading price of $0.30.

Mdex Price Prediction 2023

The price of Mdex is predicted to reach at a minimum level of $0.41 in 2023. The Mdex price can reach a maximum level of $0.50 with the average price of $0.43 throughout 2023.

MDX Price Forecast for 2024-2025

As per the forecast price and technical analysis, In 2024 the price of Mdex is predicted to reach at a minimum level of $0.61. The MDX price can reach a maximum level of $0.71 with the average trading price of $0.63.

The price of 1 Mdex is expected to reach at a minimum level of $0.90 in 2025. The MDX price can reach a maximum level of $1.07 with the average price of $0.92 throughout 2025.

Mdex Price Prediction 2026

Mdex price is forecast to reach a lowest possible level of $1.28 in 2026. As per our findings, the MDX price could reach a maximum possible level of $1.56 with the average forecast price of $1.31.

Mdex Price Prediction 2027

According to our deep technical analysis on past price data of MDX, In 2027 the price of Mdex is forecasted to be at around a minimum value of $1.84. The Mdex price value can reach a maximum of $2.21 with the average trading value of $1.91 in USD.

Mdex (MDX) Price Prediction 2028

The price of Mdex is predicted to reach at a minimum value of $2.64 in 2028. The Mdex price could reach a maximum value of $3.23 with the average trading price of $2.72 throughout 2028.

Mdex Price Prediction/Forecast 2029

As per the forecast and technical analysis, In 2029 the price of Mdex is expected to reach at a minimum price value of $3.70. The MDX price can reach a maximum price value of $4.57 with the average value of $3.84.

Mdex (MDX) Price Prediction 2030

The price of Mdex is predicted to reach at a minimum value of $5.37 in 2030. The Mdex price could reach a maximum value of $6.41 with the average trading price of $5.52 throughout 2030.

Mdex Price Prediction 2031

Mdex price is forecast to reach a lowest possible level of $7.65 in 2031. As per our findings, the MDX price could reach a maximum possible level of $9.45 with the average forecast price of $7.87.

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How Is the Mdex Network Secured?


Huobi, the Seychelles-based crypto exchange founded in China and listed in Hong Kong, is a cryptocurrency trading platform. Huobi officially launched its eco-chain HECO in December 2020: the new platform claims to have a maximum 500 transactions-per-second (TPS) rate, transaction confirmation time of three seconds and a gas fee of $0.001.

MDEX’s Dual Mining Innovation

There are instances where transactions made on MDEX can cost almost nothing, sometimes resulting in even negative charges, since users are given rewards for trading and mining, effectively canceling out the costs of transacting on the network.

MDEX’s Deflationary Tokenomics Keeps MDX Sustainable


MDEX’s tokenomics follows a “repurchase and burn” model, which decreases the circulating supply of the MDX token over time, driving up its value. This model keeps the value of MDX sustainable over the long run. Its tokenomics are also further supported by the “repurchase and reward” model, which further incentivizes MDX holders to keep their tokens.

On top of yield rewards, MDX tokens can also be used to participate in the governance mechanism of one of the fastest-growing DEXs in the market. Holders can propose and vote on the listing of a token on the MDEX market or collateralization of any other asset.

MDEX’s Protocol Compatibility Brings Project Partnerships


MDEX is designed for users and project developers as it implements an automated market maker (AMM) that facilitates low slippages for trades, good market depth and high yields for transaction and liquidity miners.

Huobi and HECO-based projects also use the deployment of MDEX as it facilitates the trade of these networks’ supported assets. Ethereum-based DeFi protocols such as AAVE, BAL, LINK and YFI have also begun liquidity mining on MDEX.

Where Can You Buy Mdex (MDX)?

Mdex is trading on markets including Huobi Global, Gate.io and the MDEX exchange, among others.