GMX rallied 583% in a bear market: Here's why
GMX token has been one of the top performers over the past day. After appreciating by 20.21% in the past 24 hours, this DeFi token was priced at $49.01 at press time. Well, the token has not rallied out of the blue. Just a day back, it got listed on a host of top exchanges including Binance, FTX, Crypto.com, and Bitget. Listings usually act as catalysts to elevate asset prices and the GMX token embodied a similar effect. 🔔 GMX is listed in the https://t.co/vCNztABJoG App! Buy $GMX at true cost with USD, EUR, GBP, and 20+ fiat currencies. Download the App to buy, sell, and send #GMX now 👉 https://t.co/jt6bDDqikg@GMX_IO pic.twitter.com/jo5MPzRpxP — Crypto.com (@cryptocom) October 5, 2022 There’s More to GMX’s rally other than listings Until recently, GMX was a token that was hardly spoken about by people from the industry. Now, over the past day, it has managed to take center stage. The token might have been brought back to life because of...