$26.71
Time period | Change amount | % Change |
---|---|---|
1H | $+0.04000 | +0.14% |
24H | $-1.94 | -6.76% |
7D | $-1.89 | -6.6% |
30D | $-21.32 | -44.39% |
1Y | $-43.66 | -62.04% |
40.44
Reliability Score
Rank #1
# 10352
Percentile
BTM 15%
GMX price today is $26.71 with a 24-hour trading volume of $25.27 M, and as such GMX has a market cap of $252.38 M, giving it a market dominance of 0.0066%. The GMX price moved -6.76% in the last 24 hours.
GMX reached its highest price on 2023-04-18 when it was trading at its all-time high of $91.07, while its lowest price was recorded on 2022-06-15 when it was trading at its all-time low of $11.53. The current lowest price since the last cycle high was $11.53, and the highest price since the last cycle low was $91.07. The social sentiment of GMX is currently Positive.
The current circulating supply of GMX is $9.45 M GMX. In terms of market cap, GMX is currently ranked 304.
There are two schools of thought in determining the price of GMX.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of GMX, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of GMX from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of GMX on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for GMX as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for GMX and the cryptocurrency market as a whole.
Next Unlock Events
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Vesting Info
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Allocations
Name | Total | Unlocked | Locked |
---|---|---|---|
XVIX & Gambit Migration | 45.28% | 45.28% | -- |
Liquidity | 15.1% | 15.1% | -- |
Reserve | 15.1% | -- | -- |
Floor Price Fund | 15.1% | -- | -- |
Marketing & Partnerships | 7.54% | 7.54% | -- |
Contributors | 1.88% | 1.88% | -- |
Vesting Info
Links to official documents
Such rewards have been made possible as the platform was the biggest recipient of Arbitrum’s arb (ARB) token grant following a community vote in October.
Arbitrum projects will receive token grants that may help attract new money to the popular blockchain.
Arbitrum-based decentralized exchange GMX will connect its platform to Chainlink's low-latency pricing oracles following a unanimous governance vote.
Decentralized derivatives exchange GMX has community support over deploying the protocol on Coinbase's (COIN) recently-announced layer 2 blockchain, Base.
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-04-25 | $274.49 M | -- GMX | $29.05 | N/A |
2024-04-24 | $285.74 M | -- GMX | $30.24 | $29.05 |
2024-04-23 | $285.74 M | 1.59 GMX | $30.24 | $30.24 |
2024-04-22 | $280.82 M | 33.83 GMX | $29.72 | $30.24 |
2024-04-21 | $283.56 M | 408.35 GMX | $30.01 | $29.72 |
2024-04-20 | $267.97 M | 11.51 GMX | $28.36 | $30.01 |
2024-04-19 | $273.83 M | 7.62 GMX | $28.98 | $28.36 |
2024-04-18 | $266.08 M | 218.75 GMX | $28.16 | $28.98 |