MX Token (MX) Price Prediction

Deep Dive

1. MEXC Platform Growth (Mixed Impact)

Overview: MX is the native token of the MEXC exchange. Its demand is tied to platform adoption, trading volume, and user growth. MEXC ranked second globally in spot trading in Q3 2025, capturing an 8.93% share. However, the token has underperformed rivals like BGB over the past year, indicating competitive pressure.

What this means: Rising exchange volumes could increase demand for MX, used for fee discounts and airdrop participation. Conversely, any loss of market share or regulatory scrutiny—like the funds-freezing incident in late 2025—could erode trust and depress prices.

2. Quarterly Token Burns (Bullish Impact)

Overview: The MX Token 2.0 proposal mandates that 40% of MEXC's quarterly profits are used to buy back and burn MX. The Q2 2025 burn destroyed 2,398,000 MX, reducing circulating supply.

What this means: This programmed deflation directly counters sell pressure and introduces a scarcity mechanism. If exchange profits remain healthy, consistent burns could provide a structural price floor and long-term upward bias, assuming demand stays constant.

3. Oversold Technical Conditions (Bullish Near-Term Impact)

Overview: MX is in a strong downtrend, trading below all key moving averages. However, momentum indicators signal extreme oversold conditions, with the RSI-7 at 22.26 and RSI-14 at 23.95 (readings below 30 typically suggest a bounce).

What this means: While the trend is bearish, such depressed momentum often precedes a technical rebound. A sustained recovery would need to break above the 30-day SMA near $1.93. Failure to rally from these levels could indicate continued weak conviction.

Conclusion

MX's path depends on whether exchange-driven utility and deflation can overcome a bearish market structure. Holders should watch for the next quarterly burn announcement and a break above the $1.95 resistance.

Can MEXC sustain its high trading volume to fuel the next burn cycle?