Mdex (MDX)
1. Fundamental Analysis
1.1 Introduce
Mdex is an automatic market-making decentralized exchange based on the concept of fund pools. Mdex proposes and implements a dual-chain DEX model based on the Heco Chain and Ethereum. Mdex combines the advantages of the low transaction fees of the Heco chain and the prosperity of the Ethereum ecosystem. With MDEX, users can also participate in dual mining mechanism of liquidity mining and trade mining. Mdex is committed to building the largest DeFi platform integrating DEX, IMO and DAO on the Heco and Ethereum.
1.2 Basic Info
| Name | Value | Name | Value |
|---|---|---|---|
| Symbol | MDX | Market Cap | 11764057.084945 |
| Name | Mdex | White Paper | -- |
| Web Site | https://mdex.com/ | Is ICO | None |
| Wallet | -- | Raised Funds | - |
| Source | -- | Distribution | - |
| Explorer | https://scan.hecochain.com/ | Algorithm | -- |
| Forum | -- | Proof | -- |
| Mining | Total | 1060000000 | |
| Supply | 1060000000 | Release Date | 2021-01-19 |
| Available Supply | 950246937.3946 |
2. Technical Analysis
2.1 Kline Data
| Date | Open | High | Low | Close | Volumn |
|---|---|---|---|---|---|
| 2025-01-01 | 0.01247 | 0.0125 | 0.01221 | 0.01241 | 493.4676601 |
| 2024-12-31 | 0.01259 | 0.01294 | 0.01222 | 0.01235 | 2465.0961202 |
| 2024-12-30 | 0.01231 | 0.0135 | 0.01191 | 0.01263 | 7839.1629448 |
| 2024-12-29 | 0.0123 | 0.0125 | 0.01184 | 0.01213 | 3036.8897626 |
| 2024-12-28 | 0.01238 | 0.01253 | 0.01201 | 0.01214 | 3857.6222008 |
| 2024-12-27 | 0.01245 | 0.01319 | 0.01211 | 0.01238 | 5673.1144993 |
| 2024-12-26 | 0.01258 | 0.01275 | 0.0123 | 0.01239 | 3154.3969172 |
| 2024-12-25 | 0.0123 | 0.01295 | 0.01215 | 0.01263 | 17077.7659141 |
| 2024-12-24 | 0.01261 | 0.01267 | 0.01204 | 0.0123 | 10314.8773628 |
| 2024-12-23 | 0.01206 | 0.01313 | 0.01205 | 0.01263 | 8688.532205 |
| 2024-12-22 | 0.01205 | 0.01251 | 0.01178 | 0.01198 | 3817.105314 |
| 2024-12-21 | 0.01218 | 0.01243 | 0.01153 | 0.01212 | 9625.9769475 |
| 2024-12-20 | 0.01188 | 0.01248 | 0.01131 | 0.01228 | 15277.3696622 |
| 2024-12-19 | 0.01208 | 0.01237 | 0.01011 | 0.01186 | 14381.82563361 |
| 2024-12-18 | 0.01238 | 0.01278 | 0.01185 | 0.01197 | 15775.8806299 |
| 2024-12-17 | 0.01238 | 0.01275 | 0.01226 | 0.01248 | 7607.3560122 |
| 2024-12-16 | 0.01247 | 0.013 | 0.01226 | 0.01244 | 11542.8425999 |
| 2024-12-15 | 0.01275 | 0.01302 | 0.01237 | 0.01246 | 5231.6985108 |
| 2024-12-14 | 0.01285 | 0.01294 | 0.01224 | 0.01268 | 6599.963777 |
| 2024-12-13 | 0.01272 | 0.01315 | 0.01196 | 0.01271 | 6969.8187598 |
| 2024-12-12 | 0.01311 | 0.01343 | 0.01217 | 0.0126 | 11064.9093288 |
| 2024-12-11 | 0.012 | 0.01313 | 0.01156 | 0.01299 | 16509.6014037 |
| 2024-12-10 | 0.01261 | 0.01298 | 0.01162 | 0.01201 | 21472.3273205 |
| 2024-12-09 | 0.01328 | 0.01353 | 0.0125 | 0.0126 | 20531.4853489 |
| 2024-12-08 | 0.01318 | 0.01373 | 0.01271 | 0.0133 | 23124.3740939 |
| 2024-12-07 | 0.01279 | 0.01342 | 0.0122 | 0.0133 | 16923.3026725 |
| 2024-12-06 | 0.01285 | 0.01385 | 0.01252 | 0.01285 | 23992.1849141 |
| 2024-12-05 | 0.01351 | 0.01382 | 0.01258 | 0.01288 | 24559.0914621 |
| 2024-12-04 | 0.01312 | 0.01418 | 0.01282 | 0.01352 | 56904.9771568 |
| 2024-12-03 | 0.01295 | 0.01398 | 0.01201 | 0.01307 | 34654.1075559 |
2.2 Analysis
The current trend indicates a bearish market with signs of consolidation. The price has experienced significant volatility, with a downward trend in recent days. The trading volume has been increasing, suggesting a higher level of interest in the asset. The possibility of a downward continuation or a temporary reversal cannot be ruled out.
