BMEX is the token for the BitMEX derivative exchange. Traders on the platform will be able to start earning BMEX tokens. As part of the launch, there will be an airdrop reward for sign ups, referrals, and trading activities on the exchange.
BMEX token holders will be able to enjoy trading fees discounts, preferred rates in earn products, early access to new features, swags, academy access, and return through token burns.
BitMEX Price Analysis
As of November 24 2024 BitMEX has a marketcap of $12M.
This is {{percentagefromath}} from its all time high of $1.29.
In terms of its tokenomics, there's a total supply of 450M with 22% currently outstanding.
Keep in mind BitMEX has a fully diluted value of $52M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude