MDX Soars 30% amid Binance Delisting Announcement, What’s Next?

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MDX Soars 30% amid Binance Delisting Announcement, What’s Next?

MDX, the native token of the DeFi ecosystem Mdex, has seen a major surge, despite Binance preparing to delist it. This unexpected price rally comes as MDX is trading at around $0.0324, marking a more than 35% increase in the past 24 hours.

Notably, MDX’s trading volume has skyrocketed by over 200% in just a day. Despite trading at 99.6% below its all-time high reached in 2021, the token still maintains a market cap of $31 million.

However, it’s important to note that MDX has seen a major downturn over the past year, with its value dropping by more than 50%. The future of the token appears uncertain following Binance’s recent announcement.

The exchange recently stated that after a thorough review, it has decided to delist MDX, ceasing MDX/USDT spot trading pair on July 22. It will not support withdrawals of the token thereafter. This is undoubtedly b...


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MDX Soars 30% amid Binance Delisting Announcement, What’s Next?