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BitMart’s platform token BMX saw a sharp drop of more than 60% overnight, with its market cap now falling to $48 million
BlockBeats news, July 25, according to data from Coingecko, the BitMart platform token BMX saw a sharp drop on the night at 19:35, falling more than 60% within 1 hour, briefly dipping near the $0.11 level; it has since rebounded to $0.14, with the 24-hour decline narrowing to 53%. It is currently priced at $0.142, with market cap temporarily at $48 million.
BitMart currently ranks 74th on the centralized exchange leaderboard, with the platform’s trading volume reaching $1.1 billion over the past 24 hours. On the Coingecko website, BitMart’s trust score is 6 out of 10.