Hashflow (HFT) Price Prediction 2023, 2024, 2025 to 2030: Should
GMX Price Prediction for 2023, 2024, 2025 to 2030: Will GMX reach 100USD?
GMX is leading the list of top derivative exchanges. It is currently the best derivative exchange on Arbitrum ecosystem. With the current narrative building around derivative decentralised exchanges, the price of GMX in 2023 can reach a high of $209.40 by the year end.
What is GMX?
A decentralized exchange on Arbitrum blockchain with a focus on perpetual settlement is called GMX. GMX also offers spot trade settlement, though. So GMX is a perpetual and decentralized spot cryptocurrency exchange.
Let’s first define PERPETUAL and SPOT Settlement before we continue to discuss GMX.
Instantaneous purchase or sale settlement is referred to as SPOT trading. Assume a trader wishes to sell cryptocurrency for A dollars. There could not, however, be a comparable cost.
However, the deal is resolved via spot settlement from the liquidity pool.
A perpetual settlement occurs when an item is purchased or sold at a specified price without regard to time limits.
More About GMX
A team that is fully unknown established GMX.
The Arbitrum One Layer 2 (L2) scaling method and the Avalanche blockchain are both used by the decentralized exchange GMX. Chainlink Oracles are what drive GMX.
Swaps on the GMX exchange can be carried out at the oracle-determined market price. There are limit orders available. Only a small number of cryptocurrencies, including DAI, ETH, USDC, UNI, FRAX, LINK, WBTC, USDT, and, are available for spot swaps on the exchange.
GMX is also the name of the GMX exchange’s native token.
What is GMX Token?
The GMX exchange’s utility and governance token is called GMX. Stakeholders on the GMX exchange can get 30% of the platform-wide fees by using the GMX token. The GMX token is used as the governance token on the GMX platform.
Some of the Competitors for GMX?
These are some of the competitors of GMX:
GMX Price Forecast for 2023
Based on the GMX price forecast for 2023, the overall sentiment for the cryptocurrency appears to be bullish, with the price expected to see substantial growth over the year.
This can be attributed to a variety of factors, including the growing popularity of decentralised exchanges and derivative exchanges, as well as the increasing adoption of GMX as the best DEX on the Arbitrum blockchain.
Additionally, with a high trading volume and positive market sentiment towards decentralized finance (DeFi) in general, GMX is well positioned to capitalize on the growing DEX narrative.
The maximum price prediction for GMX in 2023 is $209.40, representing an impressive growth rate over the year.
However, investors should note that there is some volatility in the market, and the price may fluctuate throughout the year, with a potential minimum price of $64.36 in March 2023.
There’s a big fluctuation in the market sentiment indicating a volatile year for GMX.
| When | Maximum Price | Minimum Price |
| February 2023 | $ 87.00 | $ 60.77 |
| March 2023 | $ 82.67 | $ 64.36 |
| April 2023 | $ 101.07 | $ 78.51 |
| May 2023 | $ 112.23 | $ 94.79 |
| June 2023 | $ 126.56 | $ 103.51 |
| July 2023 | $ 130.87 | $ 102.21 |
| August 2023 | $ 146.26 | $ 109.43 |
| September 2023 | $ 158.57 | $ 128.90 |
| October 2023 | $ 165.07 | $ 130.82 |
| November 2023 | $ 195.89 | $ 150.68 |
| December 2023 | $ 209.40 | $ 168.77 |
GMX Price Prediction for 2024
According to the GMX price forecast for 2024, the cryptocurrency is anticipated to experience substantial growth throughout the year, culminating in a maximum price of $732.37 in December 2024.
This notable upswing in value can be attributed to various factors, including the increasing demand for GMX as the top DEX alternative to Binance, which is predicted to result in a surge in trading volume on the platform.
Additionally, the expanding interest in DeFi and the adoption of blockchain technology are also expected to propel the value of GMX in 2024.
It is important to note that although the price may undergo fluctuations during the year, with a possible low of $177.65 in January 2024, the overall trend for GMX seems to be bullish, and the cryptocurrency is positioned for significant growth in the foreseeable future.
Thus, for those seeking to participate in the DeFi industry, GMX presents a potentially advantageous investment opportunity.
| When | Maximum Price | Minimum Price |
| January 2024 | $ 230.94 | $ 177.65 |
| February 2024 | $ 259.49 | $ 216.24 |
| March 2024 | $ 345.98 | $ 281.29 |
| April 2024 | $ 314.53 | $ 241.94 |
| May 2024 | $ 262.11 | $ 201.62 |
| June 2024 | $ 314.53 | $ 241.94 |
| July 2024 | $ 377.43 | $ 292.58 |
| August 2024 | $ 415.18 | $ 329.51 |
| September 2024 | $ 435.94 | $ 335.34 |
| October 2024 | $ 512.87 | $ 394.51 |
| November 2024 | $ 610.31 | $ 469.47 |
| December 2024 | $ 732.37 | $ 563.36 |
GMX Price Prediction for 2025
According to our analysis, GMX price will mostly stabilize in the year 2025 with its high being lower than that of 2024 at $184.24 and the low being $131.33 in April 2025.
- Max GMX Price prediction for 2025: $1,401.17
- Min GMX Price prediction for 2025: $327.35
| When | Maximum Price | Minimum Price |
| January 2025 | $ 610.31 | $ 469.47 |
| February 2025 | $ 500.45 | $ 384.97 |
| March 2025 | $ 476.62 | $ 366.63 |
| April 2025 | $ 425.56 | $ 327.35 |
| May 2025 | $ 500.66 | $ 385.12 |
| June 2025 | $ 600.79 | $ 462.14 |
| July 2025 | $ 572.18 | $ 440.14 |
| August 2025 | $ 665.32 | $ 511.79 |
| September 2025 | $ 798.39 | $ 614.14 |
| October 2025 | $ 997.98 | $ 767.68 |
| November 2025 | $ 1,167.64 | $ 898.19 |
| December 2025 | $ 1,401.17 | $ 1,077.82 |
GMX Price Prediction for 2026
| When | Maximum Price | Minimum Price |
| January 2026 | $ 1,251.04 | $ 962.34 |
| February 2026 | $ 1,088.41 | $ 837.24 |
| March 2026 | $ 1,036.58 | $ 797.37 |
| April 2026 | $ 1,160.97 | $ 893.05 |
| May 2026 | $ 986.82 | $ 759.09 |
| June 2026 | $ 822.35 | $ 632.58 |
| July 2026 | $ 863.47 | $ 664.21 |
| August 2026 | $ 742.58 | $ 571.22 |
| September 2026 | $ 618.82 | $ 476.02 |
| October 2026 | $ 495.06 | $ 380.81 |
| November 2026 | $ 423.13 | $ 325.48 |
| December 2026 | $ 352.60 | $ 271.23 |
GMX Price Prediction for 2027
| When | Maximum Price | Minimum Price |
| January 2027 | $ 314.83 | $ 242.17 |
| February 2027 | $ 273.90 | $ 210.69 |
| March 2027 | $ 260.86 | $ 200.66 |
| April 2027 | $ 292.16 | $ 224.74 |
| May 2027 | $ 248.33 | $ 191.03 |
| June 2027 | $ 206.95 | $ 159.19 |
| July 2027 | $ 217.29 | $ 167.15 |
| August 2027 | $ 186.87 | $ 143.75 |
| September 2027 | $ 155.73 | $ 119.79 |
| October 2027 | $ 124.58 | $ 95.83 |
| November 2027 | $ 106.48 | $ 81.91 |
| December 2027 | $ 88.73 | $ 68.26 |
GMT Price Prediction 2028 to 2030
| GMX Price Prediction 2028 to 2030 |
Maximum Price | Minimum Price |
| January 2028 | $ 93.40 | $ 71.85 |
| February 2028 | $ 104.95 | $ 87.46 |
| March 2028 | $ 139.93 | $ 113.76 |
| April 2028 | $ 127.21 | $ 97.85 |
| May 2028 | $ 106.01 | $ 81.54 |
| June 2028 | $ 127.21 | $ 97.85 |
| July 2028 | $ 152.65 | $ 118.33 |
| August 2028 | $ 167.92 | $ 133.27 |
| September 2028 | $ 176.31 | $ 135.62 |
| October 2028 | $ 207.43 | $ 159.56 |
| November 2028 | $ 246.84 | $ 189.87 |
| December 2028 | $ 296.20 | $ 227.85 |
| January 2029 | $ 331.75 | $ 255.19 |
| February 2029 | $ 381.32 | $ 293.32 |
| March 2029 | $ 400.38 | $ 307.99 |
| April 2029 | $ 357.49 | $ 274.99 |
| May 2029 | $ 420.57 | $ 323.52 |
| June 2029 | $ 542.54 | $ 417.34 |
| July 2029 | $ 516.70 | $ 397.46 |
| August 2029 | $ 738.15 | $ 567.81 |
| September 2029 | $ 885.78 | $ 681.37 |
| October 2029 | $ 1,107.22 | $ 851.71 |
| November 2029 | $ 1,516.89 | $ 1,166.84 |
| December 2029 | $ 2,123.65 | $ 1,633.58 |
| January 2030 | $ 1,769.71 | $ 1,361.31 |
| February 2030 | $ 2,247.53 | $ 1,728.87 |
| March 2030 | $ 1,954.37 | $ 1,503.36 |
| April 2030 | $ 2,403.88 | $ 1,849.14 |
| May 2030 | $ 2,043.30 | $ 1,571.77 |
| June 2030 | $ 1,634.64 | $ 1,257.41 |
| July 2030 | $ 1,961.57 | $ 1,508.90 |
| August 2030 | $ 1,686.95 | $ 1,297.65 |
| September 2030 | $ 2,024.34 | $ 1,557.18 |
| October 2030 | $ 2,530.42 | $ 1,946.48 |
| November 2030 | $ 2,960.59 | $ 2,277.38 |
| December 2030 | $ 3,700.74 | $ 2,846.72 |
The GMX price prediction for the period of 2028 to 2030 indicates a continuous bullish trend, with a significant increase in value expected. The table shows the expected maximum and minimum prices of GMX for each month in the three-year period.
The value of GMX is expected to increase steadily from a minimum price of $71.85 in January 2028 to a maximum price of $3,700.74 in December 2030.
The increasing popularity of GMX as a leading DEX alternative to Binance and the growing interest in DeFi and blockchain technology are some of the factors that are expected to drive the growth of GMX.
However, investors should note that the price may fluctuate throughout the year, with potential minimum prices of $71.85 in January 2028 and $1,257.41 in June 2030.
Overall, GMX presents a potentially lucrative long-term investment opportunity for those looking to invest in the DeFi space.
GMX Price Prediction for 2023-2030 in INR
| Year | Maximum Price | Minimum Price |
| 2023 | ₹18,209.81 | ₹5,873.85 |
| 2024 | ₹60,786.96 | ₹14,744.79 |
| 2025 | ₹116,297.04 | ₹27,170.17 |
| 2026 | ₹79,874.34 | ₹29,266.16 |
| 2027 | ₹26,130.50 | ₹5,665.25 |
| 2028 | ₹24,584.86 | ₹5,963.42 |
| 2029 | ₹91,899.34 | ₹21,180.80 |
| 2030 | ₹307,161.30 | ₹107,705.04 |
FAQs
Will GMX Price ever reach $100?
Yes, the price of GMX is expected to hit $100 around March 2023.
Is GMX worth buying in 2023?
Yes, derivative narrative has just started building out. I think it is a good time to buy GMX in 2023.
What is GMX Price Prediction for 2030?
As per our technical analysis, the price of GMX can be somewhere around $3700 in 2030.
What is the GMX price prediction in 2025 in INR?
The price of GMX in 2025 is expected to be around ₹307,161.30 in 2025.
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