• Bitcoin recently surged to reach a new 2023 high, leading to a surge in the trading volume for top exchanges.
• MEXC Coin (MX) has also seen significant growth with an 81.82% increase and reaching a 7-month high of $1.44 on Feb. 16.
• MEXC’s commitment to „User First“ has earned it recognition as one of the Top 10 Most Popular Cryptocurrency Services by Cloudflare, which is expected to drive up the MX price.
Bitcoin Price Surge Sparks Trading Frenzy
Bitcoin recently surged to reach a new 2023 high, sparking a frenzy of activity in the cryptocurrency market. With investors flocking to take advantage of the price gains, the trading volume for top exchanges has significantly increased. BTC was recently trading at about $25,247, rising 16.61% in 7 days and last traded over $25,000 in June 2022.
MEXC Coin (MX) Rockets To All-Time High
In addition to Bitcoin’s gains, MEXC Coin (MX) has also seen significant growth with an 81.82% increase and reaching a 7-month high of $1.44 on Feb. 16th 2021. MX is currently trading at $1.21 with a 24-hour trading volume of $2,954,282; making it one of the top performers among exchange tokens in terms of 7-day growth with 32%.
MEXC Exchange Gains Market Recognition
As of September 2022, MEXC has exceeded 10 million users worldwide and its cryptocurrency liquidity has already ranked first in the world; further increasing investor confidence in its ability to manage risk and provide stability in the market due its “User First” policy earning it recognition as one of the Top 10 Most Popular Cryptocurrency Services by Cloudflare ranking report card.. Additionally their latest Launchpad Project DeHeroGame utilizes NFT TCG technology which sparked even more demand for MX staking pushing its all-time high even higher!
MEXC Introduces Revisions For Trading Fees
Andrew Weiner VP of MEXC states that they are always focused on their customers throughout any market fluctuations and have reduced their trading fees to be some of the lowest available being 0% maker fee & 0% taker fee for futures trades & 0% maker fee & 0.1% taker fee for spots trades respectively on average across cryptocurrency platforms which typically charge much higher fees than this!
Conclusion
The combination between Bitcoin’s recent surge & increased recognition from Cloudflare along with low fees offered by MEXC have all contributed towards pushing MX prices upwards resulting in an all time high!