• Bitcoin’s price has soared to over $25,000, sparking a frenzy of activity in the cryptocurrency market.
• MEXC Coin (MX) has seen significant growth, with an 81.82% increase and reaching a 7-month high of $1.44 on Feb. 16.
• MEXC has earned recognition as one of the Top 10 Most Popular Cryptocurrency Services by Cloudflare, due to its commitment to „User First“.
Bitcoin Price Soars Over $25K
Bitcoin recently surged to reach a new 2023 high, trading at about $25,247 and rising 16.61% in 7 days. This marks the first time that Bitcoin has traded over $25,000 since June 2022 and has sparked a frenzy of activity in the cryptocurrency market.
MEXC Token (MX) Hits Intra-Year High
The trading volume for top exchanges significantly increased as investors flocked to take advantage of the price gains. As one of the leading exchanges, MEXC announced that its futures business made a significant breakthrough with an average daily trading volume growth of 1200%. In response to this surge in demand, MX token prices have been driven upwards; racking up an 81.82% increase and reaching a 7-month high of $1.44 on Feb. 16th.. MX is currently trading at $1.21 with a 24-hour trading volume of $2,954,282 .
What Is Pushing The MX Rally?
MEXC has exceeded 10 million users since September 2022 and its cryptocurrency liquidity has already ranked first in the world; providing investor confidence that positions can be entered and exited without deeply impacting the market price . Additionally ,MEXC’s recognition as one of Cloudflare’s Top 10 Most Popular Cryptocurency Services further boosted market recognition and led to increased demand for staking MX tokens through its Launchpad Projects such as DeHeroGame – Pioneer in GameFi 2.0 utilizing NFT TCG technology .
Statement From MEXC VP
According to Andrew Weiner , Vice President of MEXC: “We never stopped focusing on our customers throughout the general market’s up and down…an important part of backing our customers is giving them confidence.“
Conclusion
As Bitcoin continues setting new highs , so too do many exchange tokens like MEXC (MX). With increasing user numbers , deep liquidity support , recognition from Cloudflare’s Top 10 Most Popular Cryptocurrency Services , plus Launchpad projects driving demand for staking ; it is no surprise that MX token prices are skyrocketing .