IDEX hits $0.115, market cap over $70M: IDEX’s price reached $0.1150, escalating 335% from its annual low. Market capitalization surpassed $70 million. This rally was fueled by HIGH trading volume and significant activity on its Ethereum version, and IDEX Chain.
Trading volume swells to $318M, up 4,420%: The 24-hour trading volume soared by 4,420%, hitting $318 million, coinciding with a record HIGH total value locked of $70 million. This substantial growth underscores the platform’s escalating activity.
New initiative aims to boost IDEX liquidity: IDEX’s forthcoming ‘Buy & Lock’ strategy plans to reinvest all accrued fees. Half of these fees will go towards buying IDEX tokens, while the other half will be paired into a Uniswap liquidity pool, potentially enhancing the network’s value.
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