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MDX price defied gravity on Thursday as cryptocurrencies plunged. The MDEX token went vertical and reached a high of $0.1300, which was the highest level since May 23rd of this year. It has risen by more than 127% from the lowest level this year. It now has a total market cap of more than $103 million.
What is MDX and why is it rising?
MDEX is a leading blockchain project that provides a decentralized crypto exchange (DEX), Initial Model Offering (IMO), and Decentralized Autonomous Organization (DAO). It is a platform that is deployed on the Binance Smart Chain, HECO, and Ethereum.
MDEX provides a dual mining mechanism of liquidity mining and transaction mining that provides participants with maximum rewards. Integrating multiple chains makes it possible to be an all-rounded DeFi protocol.
According to its website, MDEX has a to
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