Introduction
GMX Crypto is a decentralized spot and perpetual exchange to support low swapping fees and zero price impact trades.GMX is the protocol’s utility and governance token.
What Is GMX Crypto (GMX)?
GMX is the utility and power token for the GMX decentralized spot and endless exchange.
GMX capitalizes on decentralized finance (DeFi) as a platform to enable market making, leveraged trading, exchanging tokens at lower costs, and zero–price impact trading. It uses an amazing, multi-asset automated market maker (AMM) model to provide liquidity for spot trading and products. High-quality price providers on GMX are supported by Chainlink oracles that source active price data from different exchanges.
Its 30x advanced perpetual futures trading, attractive rewards for liquidity providers and stakers, zero–price effect trades, and low exchange costs have made GMX particularly attractive to DeFi users.
What Is GMX Crypto Used For?
The two key roles of GMX tokens on the platform’s ecosystem are governance and staking.GMX token holders can vote on various proposals to improve the GMX network. Also, you can stake GMX on Arbitrum or Avalanche to make rewards. You can exchange your GMX staking rewards into your wallet or compound them to improve the rewards that you receive.
What is the future of GMX Crypto?
The future of GMX is highly conditional on the overall execution of the crypto enterprise. When investing in GMX, you must use the right process. This investment type is unsuited for those with an asymmetric risk profile. However, it is still an outstanding asset for those with high-risk patience and a solid financial position. In addition to its hypothetical nature, GMX presents exposure to global technology and an ever-growing ecosystem.
How to Store GMX Crypto?
Since GMX is deployed on the Arbitrum and Avalanche blockchains, you can store GMX tokens in compatible wallets like Metamask and Trust Wallet. You can also safely keep GMX in hardware wallets such as Ledger Nano X.
Where to Buy GMX Crypto?
You can purchase GMX from any top crypto exchange, including Bybit. On Bybit, you can exchange GMX/USDT on-the-spot market.
GMX Crypto Live Price, Market Cap, Volume, Supply.
| # | Name | Price | Changes 24h | Market CAP | Volume | Supply |
|---|
GMX Crypto Price Prediction 2023-2034.
| Years | Avg Price | Lowest Price | Highest Price |
|---|---|---|---|
| 2023 | $1,449.50 | $1,159.60 | $1,739.40 |
| 2024 | $76.06 | $60.85 | $91.27 |
| 2025 | $100.40 | $80.32 | $120.48 |
| 2026 | $132.53 | $106.02 | $159.03 |
| 2027 | $174.94 | $139.95 | $209.92 |
| 2028 | $230.92 | $184.73 | $277.10 |
| 2029 | $304.81 | $243.85 | $365.77 |
| 2030 | $402.35 | $321.88 | $482.82 |
| 2031 | $531.10 | $424.88 | $637.32 |
| 2032 | $701.05 | $560.84 | $841.26 |
| 2033 | $925.39 | $740.31 | $1,110.47 |
| 2034 | $1,221.51 | $977.21 | $1,465.82 |
GMX Crypto price prediction 2023
According to our analysis, GMX’s price for 2023 should range between $1159.60 to $1739.40, and the average price of GMX should be around $1449.50.
GMX price prediction 2024
According to our analysis, GMX’s price for 2024 should range between $60.85 to $91.27, and the average price of GMX should be around $76.06.
GMX price prediction 2025
According to our analysis, GMX’s price for 2025 should range between $80.32 to $120.48, and the average price of GMX should be around $100.40.
GMX price prediction 2026
According to our analysis, GMX’s price for 2026 should range between $106.02 to $159.03, and the average price of GMX should be around $132.53.
GMX price prediction 2027
According to our analysis, GMX’s price for 2027 should range between $139.95 to $209.92, and the average price of GMX should be around $174.94.
GMX price prediction 2028
According to our analysis, GMX’s price for 2028 should range between $184.73 to $277.10, and the average price of GMX should be around $230.92.
GMX Crypto price prediction 2029
According to our analysis, GMX’s price for 2029 should range between $243.85 to $365.77, and the average price of GMX should be around $304.81.
GMX Crypto price prediction 2030
According to our analysis, GMX’s price for 2030 should range between $321.88 to $482.82, and the average price of GMX should be around $402.35.
GMX price prediction 2031
According to our analysis, GMX’s price for 2031 should range between $424.88 to $637.32, and the average price of GMX should be around $531.10.
GMX Crypto price prediction 2032
According to our analysis, GMX’s price for 2032 should range between $560.84 to $841.26, and the average price of GMX should be around $701.05.
GMX price prediction 2033
According to our analysis, GMX’s price for 2033 should range between $740.31 to $1110.47, and the average price of GMX should be around $925.39.
GMX Crypto price prediction 2034
According to our analysis, GMX’s price for 2034 should range between $977.21 to $1465.82, and the average price of GMX should be around $1221.51.
FAQs
What was the highest price of GMX?
They recorded the highest price for GMX on 18th February 2023, during which GMX hit an All-Time High of $85.07
What is the price of 1 GMX?
The price of 1 GMX, according to the current market rate, is $73.62
How much will GMX be worth in 2034?
According to the GMX Price Prediction model above, GMX’s price in 2034 would be $1221.51. However, this price would range from $1465.82 to $977.21.
How much will GMX be worth in 2035?
According to the GMX Price Prediction model above, GMX’s price in 2034 would be $1225.51. However, this price would range from $1470.82 to $990.21.
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