BitMart platform token BMX saw a sudden drop of more than 60% overnight; its market cap is now down to $48 million

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Mars Finance news: On July 25, according to Coingecko data, BMX, the BitMart platform token, saw a sharp drop on the night at 19:35, falling more than 60% in one hour and briefly dropping to around the $0.11 level; it has since rebounded to $0.14. The 24-hour decline has narrowed to 53%, and it is currently quoted at $0.142, with a market cap temporarily at $48 million. BitMart is currently ranked 74th on the centralized exchange platform leaderboard, and the platform’s trading volume over the past 24 hours reached $1.1 billion. On the Coingecko website, BitMart’s trust score is 6 out of 10.
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