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Mdex / Tether USD

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MDXUSDT trade ideas

MDX coming into the .27 FibonacciFibonacci retracement on MDX token. This has been going down severely ever since they dropped their APR on those that locked up their MDX for 1 year. So it has seen an 84% decline. But this is a potential player in the defi space and if they can bring back the APR rates thy could survive but for now I am very interested what the next week will look like. But I think the best time to buy will be next summer when the mdx locked up in the boardroom is finally being released. If you can wait till next summer fall you can probably pick this token up for .10-.20. I do expect some bullish behavior in the low time frames since BTC is looking to retest 53-55K
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by FLASHGORDON10
#MDXUSDT (Watchlist) 10/21#MDX maybe worth it to add this coin to your Watchlist. 👀 Everything mentioned on the chart (Pattern/Resistance/Support / Breakout/Breadkwon levels, Also R: R) add to watchlist means the coin we mentioned is forming a pattern or moving near a historical bottom, around or above good support, increase in trading volume , showing a reversal candle, accumulation stage, etc, but no reaction from bulls, so we inform you to add it to your watchlist until the right time for entry.!! Ps: we avoid trading any coin if the entire project for it is based on gambling, prostitution, human trafficking, etc. This is not financial advice, The purpose of these Charts is to give you an idea about coin movement (not buy or sell signal) so before following any idea be sure to do your own research, and follow your risk management. the Cryptocurrency market is very volatile and involves gains and losses as well so know very well what you are heading towards before engaging in it. The information we mentioned here is a personal effort that is subject to success or failure and we welcome constructive criticism. Pree "like button" and leaving your "comments" below our ideas is great thing and supports us in providing more ideas.❤️ Good luck to All. 🙏we ask Allah reconcile and repay🙏
M
by HamadaMark
10
mdxWhat 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. #### Related Pages: Check out Uniswap here. Check out SushiSwap here. Learn more about DEXs here. Read about crypto on the CMC blog. ### 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. Learn more about how t
MLong
by DrGhanizadeh
#MDEXUSDT can be HOLD for the long term * Hi guys, nice to come to my signal. - Nice chart, double bottom on daily frame and pump signal, Vol supports this too. - The current trading volume on the MDEX platform accounts for about 13% (7.3% + 6%), only after Uniswap v3 is 24%. Meanwhile, uniswap is currently valued at $13.7 billion and Mdex has a market capitalization of $0.8 billion. As a result, Mdex is undervalued. - Trading volume is 1/2 UNI but CAP difference is more than 17 times, if balanced, only 2.3 times difference (although many factors affect the price) - Current price UNI 30, worth 1.15 Mdex is too low! - I think it is possible to hold this valuable coin and sell it when I reach the TP profit as I have given. - For long-term holders, the target price of MDX is 410% and 670% of the current price (If and only if you have identified a bullish signal for Bitcoin price late 2021 to early 2020) 2022))) Nice MDEX chart, low value! Time to buy My wisdom, signal from chalynguyen.
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by chalynguyenvn
1