GMX Coin, a decentralized trading platform, is gaining significant attention in the cryptocurrency market. Wall Street investment guru Arthur Hayes recently sold off his GMX stake, reflecting a considerable loss. Speculations have it that a “mother of all squeezes” is imminent for this altcoin, as it outpaces even Bitcoin in recent performance. GMX's latest price analysis also indicates a temporary downswing, with a 27% hiccup day-to-day threatening an optimistically-projected 48% short-term rally target. Additionally, a notable stakeholder suffered losses courtesy of hackers, compromising over $3.5M worth of digital assets. Amid these tribulations, news of GMX Proposals for integration with platforms like
Kwenta and
Gains Network and its active proposal for deployment on
Coinbase's base blockchain sparks some hope. One distinctive mention is GMX’s V2 on the Arbitrum platform, where with incentives, yields for tokens like SOL, XRP, and DOGE ascended to 75%. GMX's community vote also resulted in the adoption of
Chainlink's low-latency oracles into the platform. The community vote also led to the inclusion of low-latency oracles of Chainlink, making GMX better than ever. Despite the temporary setback, analysts anticipate GMX to gain around 30% soon. Lastly, mention of GMX’s anticipated performance in 2024, 2025, and 2030 makes rounds in the investor community, maintaining the cryptocurrency’s relevance and potential long-term.
GMX Coin News Analytics from Mon, 13 Sep 2021 13:03:02 GMT to Thu, 12 Sep 2024 07:00:00 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor 7
