Mdex (MDX) Price Prediction 2024 – 2030

Mdex is currently at the #335 rank in the cryptocurrency market. It had an ATH of $10.06 on June 03, 2021, while the current price is only $0.04735
, down by 99.53%v from its ATH. Is Mdex a good investment? Will Mdex recover in the future? Find out answers to all these and other relevant queries in our Mdex price prediction and much more.

• Based on our MDX predictions for the year 2024, the coin may have minimum and maximum prices of around $0.0386 and $0.10, respectively.
• The MDX crypto is expected to have minimum and maximum prices of around $0.10 and $0.241, respectively, as per our Mdex coin price prediction 2025.
• Our Mdex Token price prediction 2030 indicates that the potential high of the coin may be $0.844, with a potential low of $0.586 in the crypto market.

What is Mdex?

Mdex (MDX) is a new decentralized trading protocol launched in 2021 that operates on the concept of fund pools, sharing some similarities with standard DEXs. It differentiates itself from competitors by using a dual-chain model. This is on both the Ethereum network and the HECO (Huobi Ecological Chain), granting it access to the liquidity of the Ethereum ecosystem.

It was co-founded in 2017 by Nate Flanders and Anant Handa. It allows the user to swap any pair of assets via its pools using its automated market-making system. It also charges a 0.3 percent fee for that. Also, it gives rewards in its platform token. This is done to attract investors and traders.

What Makes Mdex Unique?

Mdex protocol has several features making it stand out. It is fast and reliable. Compared to Ethereum, the fee is lower. That said, it is not like a privacy coin with a huge emphasis on anonymous transactions.

Mdex is often compared with Uniswap. Uniswap is also similar to other cryptos with a decentralized architecture. Uniswap is based on Ethereum enabling users to trade tokens using smart contracts. The exchange of this type facilitates users to swap the tokens without a third party or some record keeping. Users also provide liquidity for such a market through heavy market participation.

What makes Mdex special is its Automatic Market Maker feature. They also plan to increase their user base by providing a better user experience and adding multiple assets to the exchange. They also plan to offer more user-friendly models and strengthen their community and regulate its governance. According to the developer’s plans, the exchange will become a hub for varying assets, even offering them from other chains.

The sustained liquidity of Mdex will prove to be valuable when moving forward. The exchange is expected to integrate more services, such as options contracts, financial lending, insurance, futures contracts, and other decentralized services. As more growth takes place, the chances of Mdex becoming a large player in the crypto market are a definite possibility.

Mdex Price Forecast: Market Sentiment

Let’s explore some of the industry experts’ views on the Mdex price forecast:

We predict future values with technical analysis for wide selection of digital coins like Mdex. If you are looking for virtual currencies with good return, MDX can be a bad, high-risk 1-year investment option. Mdex price equal to 0.0472 USD at 2024-02-09, but your current investment may be devalued in the future.
Wallet Investor

Long-term analysis suggests that Mdex price could potentially surge to $72.98 by 2050, with a potential range between $69.59 and $81.57.
Price Prediction

Prediction of December 2031 says that the price of Mdex may reach a minimum value of $0.46, and it could rise as high as $0.47, with an average trading price of $0.47.Digital Coin Price

Based on the historical price movements of Mdex and the BTC halving cycles, the yearly low Mdex price prediction for 2025 is estimated at $ 0.054467. Meanwhile, the price of Mdex is predicted to reach as high as $ 0.144492 next year. Using the same basis, here is the Mdex price prediction for each year up until 2030.Coincodex

2025 promises to be turbulent, with prices ranging from $0.03808119371101668 to $1.832, with WalletInvestor predicting a breakthrough leading to a price rise to $1.832
Swapspace

Mdex (HECO)’s price for 2030 according to our analysis should range between $0.13 to $0.2 and the average price of MDX should be around $0.16.
AMBCrypto

Mdex Technical Analysis

Mdex is losing its rank and currently holds the position of #553 with a market cap of $45,076,743. It has a circulating supply of 950,246,937 MDX coins. Because MDX is relatively new, it is still not getting the market interest as anticipated.

The current price of Mdex (MDX) is very low from its high in February 2021. The all-time high price of $10.06 was reached within a week with no resistance. Whatever caused the high volatility has lost it, and the implied volatility now is fairly stable in markets. For the second half of 2021, the price of Mdex continued to trend sideways in a linear fashion.

The sideways pattern may continue for some time, but the Mdex price forecast says that this might not continue for long since there is a high possibility of the price of Mdex (MDX) hitting the resistance levels soon.

Conversely, if the investors resume their selling and lose faith in the value of Mdex crypto, the MDX price might plummet to the support levels as per cryptocurrency predictions. If that’s the case, using swing trading strategies, one can try to gain entry into the Mdex (MDX) market above the consolidation area that forms above the resistance levels.

Doing so, one can use options to take advantage of the low implied volatility to buy out-of-the-money (OTM) options and make profits using the increase in implied volatility. If that ideal case occurs, one can also try to take advantage of the RSI to hold their positions for the maximum price level of Mdex crypto till the overbought condition is matched.

Mdex Price Prediction: 2024-2030

From what we have observed, the downfall from the highs of $10 did not occur because of the huge price sell-off. If the accumulated volume is still high, the initial investors could still hold the Mdex price for the long term. There is no significant volume-based indication that the distribution has occurred. So, for the time being, it is safe to say that there is no bearish sentiment in MDX according to our Mdex price predictions

Mdex Price Prediction 2024

As per the Mdex price prediction, the price of Mdex might reach a maximum of $0.10 in the year 2024. Overall, investor sentiment and cryptocurrency market conditions will determine what actually happens with Mdex in the coming years.