On June 5, MDEX officially started its first halving. What changes will the halving bring? And what does it mean for MDX holders?Before answering these questions, we can take a look at a typical example of cryptocurrency halving.In 2012, Bitcoin halved for the first time, and its price skyrocketed over 84 times afterward; in 2016, Bitcoin halved for the second time, and rose 29 times afterward; Bitcoin\u2019s most recent halving occurred in 2020, and the price peaked near $65,000 after that, which was also over 7 times higher than the $8,700 at the time of the halving. Investors have reached the consensus that havling means skyrocketing prices. Based on bitcoin\u2019s halving history, we can try to predict how MDX will perform after halving.MDEX currently produces 80 MDX per block, and each three seconds a new block is generated, which makes MDX\u2019s daily output is 4.6 million (including both BSC and HECO chains). After the first halving, the output per block is reduced to 40 MDX, making MDX\u2019s daily output reduced to 2.3 million.MDEX adopts a \u201cdouble mining mechanism\u201d that combines liquidity mining and transaction mining. The advantage of this approach is that it can attract users to actively participate in transactions at the early stage of the project launch and thereby empower the platform with funds and traffic. However, there is also this problem that its token MDX has been facing increasing selling pressure in the secondary market, which is one of the reasons why the price of MDX\u2019s tokens has been sluggish. The most direct effect of this halving is to reduce the selling pressure, making it easier to push up prices. In addition, it will also stimulate demand for MDX purchases.Similarly, in the early days, Bitcoin production was high and mining difficulty was low, so users could easily\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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