Mathematical Projection: What should be the reasonable market value of MX?

  • The MEXC Foundation reduced MX holdings to 100 million tokens, directly solving the previous question in the MX community — the final flow of MEXC.
  • 40% of all profits are used to repurchase MX from secondary markets. This includes profits from products and business lines across the platform such as spot, leverage, futures, ETFs, MEXC Labs, etc. The purpose of this means is to remain 100 million MX in circulation, but it may also accelerate the process of MX repurchase and burning.
  • 250 million tokens are used for MEXC Labs and strategic partnerships. This means that in the MX 2.0 design system, MX will no longer be limited to the functions as the platform token but will further expand its usage scenarios outside the platform system, with the clear intention of not only benchmarking BNB, but also declaring tis strong will to become the next BNB.
Screenshot from MEXC’s announcement

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