Today we have brought the complete GMX price predictions for GMX token. We will now take a closer look at the crypto market to get the sense that it is not turning out badly; however, it is performing quite well.
Additionally, as the year 2023 is just beginning, it is the ideal moment to make a few price forecasts. Any altcoin should get evaluated under the context of Bitcoin’s entire market climate and performance.
Let us now check out what these are all about before we enter into the sphere of price predictions. We will also look into what GMX is all about. Is it good to invest in GMX? How much will GMX is going to be worth in 2025 and beyond?
GMX (GMX) Overview
| Coin Name | GMX |
| Symbol | GMX |
| Rank | 79 |
| Safety Score | 33/100 |
| Price (USD) | $45.83 |
| Price Change (1h) | 0.19% |
| Price Change (24h) | 2.61% |
| All-Time High | $62.10 27.46% |
| Market Cap | $383,799,518 |
| 24h Volume | $16,435,711 |
| Circulating Supply | 8,375,013 |
| Total Supply | 8,855,291 |
What is GMX?
The decentralized exchange that aims at perpetual settlement is known as GMX, which provides a better spot trade settlement, and GMX is the decentralized and perpetual spot crypto exchange. Before discussing GMX, let us initially define the Perpetual and Spot Settlement.
SPOT trading is the instantaneous purchase or sale settlement. Suppose a trader wishes to sell the crypto for A dollars. However, there is no comparable cost.
But, the deal is resolved through the spot settlement through the liquidity pool.
The perpetual settlement would occur whenever an item is purchased or sold at the specified prices without any regard to the time limitations.
About GMX
A team that is not known yet had established GMX. The decentralized GMX exchange uses the Avalanche blockchain and the Arbitrum One Layer 2 or L2 scaling, and the Chainlink Oracles entirely drive GMX.
The swaps made on the GMX exchange are carried out at the market price determined by the oracle. There are limited orders that are also available. Just a smaller number of cryptos include ETH, DAI, FRAX, LINK, UNI, USDT, and WBTC, and they are available for the spot swaps made on this exchange.
GMX is even the name for the native token on the GMX exchange.
About GMX Token
The utility and governance token at the GMX exchange is the GMX. The stakeholders on the GMX exchange would get around 30% of the platform-wide fees with the use of the GMX token. The token is even used as the governance token on the platform of GMX.
Historical Price & Market Analysis for GMX
The current price for the GMX token is $45.82, which has recently ranked at #79 of all the cryptos available. The amount of supply in recent times under circulation for GMX is 8,375,013, with the total market capitalization touching the mark of $383,799,518.
The price for GMX in the past 24 hours has risen by 2.61%. GMX has developed rapidly and steadily over the past 7 days, gaining around 9.71%. The significant increases have excited the GMX investors regarding the returns on investment which they have made this week.
In the past 30 days, the price for the GMX has dropped by 21.79% to reduce its earlier value of $58.59 by $12.77. It is the recent downtrend that appears that GMX is at its dip at the moment. The price for GMX has increased by 15.52% in the past 90 days, adding around $6.12 to their earlier value of $39.70.
GMX Price Predictions | GMX Price Forecast
| Year | Minimum Price | Average Price | Maximum Price |
| 2023 | $54.99 | $68.74 | $82.49 |
| 2024 | $100.82 | $114.57 | $128.31 |
| 2025 | $146.65 | $160.39 | $174.14 |
| 2026 | $192.47 | $206.22 | $219.97 |
| 2027 | $238.30 | $252.05 | $265.80 |
| 2028 | $284.13 | $297.87 | $311.62 |
| 2029 | $329.95 | $343.70 | $357.45 |
| 2030 | $375.78 | $389.53 | $403.28 |
| 2031 | $421.61 | $435.35 | $449.10 |
| 2032 | $2,167.89 | $2,226.28 | $2,478.66 |
| 2040 | $0.1621 | $3,679.39 | $3,684.57 |
| 2045 | $8.46 | $4,018.80 | $4,746.56 |
| 2050 | $17.08 | $4,033.48 | $5,808.55 |
GMX (GMX) Price Prediction 2023
We anticipate that GMX will reach a maximum price of $82.49 when the market begins to recover as we emerge from the crypto winter. The lowest anticipated price is $54.99, with an average price of roughly $68.74.
GMX is anticipated to complete the year at an all-time high (ATH) of $82.91 before falling to a minimum price of $55.28 in December 2023. If GMX gets the backing it needs, its average cost may be approximately $69.10.
GMX (GMX) Price Prediction 2024
Our model predicts that GMX can reach a maximum price of $128.31 in 2024, while the average price for the entire year will remain at or near $114.57 as long as it keeps setting new records. The lowest price GMX can hit in 2024, in the event of a bear market, is $100.82.
As the year concludes, analysts predict that GMX will set a new all-time high (ATH) of $128.98 before falling to a minimum of $101.34 in December 2024. If GMX gets the backing it needs, its average price might be approximately $115.16.
GMX (GMX) Price Prediction 2025
We anticipate significant growth for GMX in 2025 as crypto becomes more popular across various industries. The price might thus increase to $174.14, averaging about $160.39, and a $146.65 minimum price is possible for GMX.
GMX is anticipated to complete the year at an all-time high (ATH) of $175.04 before falling to a minimum price of $147.40 in December 2025. If GMX gets the backing it needs, its average cost may be approximately $161.22.
GMX (GMX) Price Prediction 2026
GMX might reach a maximum price of $219.97 with an average price of $206.22 in 2026 if capital in the crypto market continues to expand. If a sell-off occurs, $192.47 is the lowest price we anticipate.
GMX is anticipated to close the year at an all-time high (ATH) of $221.11 before falling to a minimum price of $193.47 in December 2026. If GMX gets the backing it needs, its average cost may be approximately $207.29.
GMX (GMX) Price Prediction 2027
As more nations embrace GMX, the price of GMX can reach a maximum of $265.80 by 2027, with an average price of $252.05 anticipated. Additionally, the base cost for the same year maybe $238.30.
The price of GMX is anticipated to close the year at a new all-time high (ATH) of $267.17 and then drop to a minimum of $239.53 in December 2027. If GMX gets the backing, it needs, its average cost may be approximately $253.35
GMX (GMX) Price Prediction 2028
GMX’s popularity will increase in 2028 as regulators acknowledge that cryptocurrencies are here to stay. By 2028, investors may expect GMX to trade at a high price of $311.62 and a minimum price of $284.13. It is anticipated that the average price in 2028 will be $297.87.
GMX is anticipated to close the year at an all-time high (ATH) of $313.23 and then fall to a minimum price of $285.60 in December 2028. If GMX gets the backing it needs, its average cost may be approximately $299.41.
GMX (GMX) Price Prediction 2029
Due to the increase over the last five years, we will have another significant bull in 2029, which might result in GMX investors seeing a high price of $357.45, followed by an average price of $343.70. Our technical analysis has determined a minimum price of $329.95.
GMX is anticipated to complete the year at an all-time high (ATH) of $359.30 before falling to a minimum price of $331.66 in December 2029. If GMX gets the assistance it needs, its average cost may be approximately $345.48.
GMX (GMX) Price Prediction 2030
Based on the current market mood, it is anticipated that GMX will continue to rise toward $403.28 in 2030. If this support is not obtained, GMX may average around $389.53 and bottom out at around $375.78.
A new all-time high (ATH) of $405.36 is anticipated for GMX at the end of the year, with a minimum price of $377.72 predicted for December 2030. If GMX gets the backing it needs, its average cost may be approximately $391.54.
GMX (GMX) Price Prediction 2031
For GMX, this year will go down in history. In 2031, we anticipate GMX will hit a new ATH of $449.10, with a potential new minimum price of $421.61. In the worst situation, GMX would conclude 2031 at $435.35.
GMX is anticipated to close the year at an all-time high (ATH) of $451.43 and then fall to a minimum price of $423.79 in December 2031. If GMX gets the backing it needs, its average cost may be approximately $437.61.
GMX (GMX) Price Prediction 2032
In 2032, the value of GMX is anticipated to be at least $2,167.89. With an average trading value of $2,226.28 during 2032, the GMX price might rise as high as $2,478.66.
GMX is anticipated to achieve a minimum price value of $2,167.89 in December 2032. The highest price for the GMX might be $2,478.66, with the average price hovering around $2,226.28.
GMX (GMX) Price Prediction 2040
For each month in 2040, a forecast for the GMX price is given, with an average prognosis of $3,679.39, a high projection of $3,684.57, and a low prognosis of $0.1621. The mean GMX price forecast for 2040 reflects an increase of +9,410.06% over the previous price of $45.93.
GMX is anticipated to achieve a minimum dollar price of $3,230.84 in December 2040. The price of the GMX might go as high as $3,681.37, with an average price of about $3,679.39.
GMX (GMX) Price Prediction 2045
A prognosis for the GMX price in 2045 is provided for each month, with an average price of $4,018.80, a high price of $4,746.56, and a low price of $8.46. The average GMX price forecast for 2045 shows an increase of +10,287.32% over the previous price of $45.93.
GMX is anticipated to achieve a minimum price value of $3,428.88 in December 2045. The GMX price might go as high as $4,022.09, with an average cost of $4,018.80.
GMX (GMX) Price Prediction 2050
A projection for the GMX price in 2050 is provided for each month, with an average price of $4,033.48, a high price of $5,808.55, and a low price of $17.08. The average GMX price forecast for 2050 shows an increase of +10,325.25% over the previous price of $45.93.
GMX is anticipated to achieve a minimum price value of $3,304.22 in December 2050. The maximum price for the GMX is $4,036.09, with an average price of $4,033.48.
Is now a good time to buy GMX?
The live suggestions of three significant technical indicators are shown on the technical analysis gauge. Moving averages, oscillators, and pivots are some examples of technical indicators.
You will see real-time ratings based on the timeframe you choose on the graph. A simple technical analysis of the GMX based on technical indicators is shown here.
This is not advice on buying, selling, or holding GMX in terms of money. CoinJournal does not always share the opinions expressed in the graph, and they are no guarantee of success. CoinJournal disclaims liability for GMX’s performance.
How to Buy GMX coin on Binance?
If you are a Binance user then this piece of information will surely help you in knowing how to buy GMX token on Binance. Just follow the steps accordingly to buy GMX token on Binance:
Step 1: Open your Binance app on your smartphone.
Step 2: Click on the search bar and type ‘GMX’.
Next select your preferred trading pair
Step 3: A dashboard will appear where you will get the options of BUY as well as Sell in the right down end.
Step 4: Click on the ‘BUY’ and then select the amount of tokens you want to buy
Step 5
Finally click on ‘Buy GMX’ button to complete the buying process of GMX tokens.
How to Sell GMX coin on Binance?
If you are wondering how to sell GMX tokens on Binance Just follow these steps and you be able to sell you GMX tokens easily:
Step 1: Open your Binance app on your smartphone.
Step 2: Click on the search bar and type ‘GMX’.
Next select your preferred trading pair.
Step 3: A dashboard will appear where you will get the options of BUY as well as Sell in the right down end.
Step 4: Click on the ‘Sell’ and then select the amount of tokens you want to sell.
Step 5
Finally click on ‘Sell GMX’ button to complete the selling process of GMX tokens.
How did we arrive at these price predictions?
To arrive at our price projections, which we feel reflect a wide spectrum of experts’ viewpoints, we gathered, analyzed, and consolidated the speculations of a few of the most informed individuals in the cryptocurrency sector.
However, price forecasts are rarely correct, and it is particularly challenging in the rapidly evolving and extremely volatile crypto market. Therefore, these forecasts should aid in illuminating your perception of GMX’s potential rather than serving as the primary basis for financial choices.
Will the super trend eventually turn bullish?
On a shorter time scale, GMX prices fluctuate between $40 and $60 and are probably about to break either side. The barrier level has produced a sell signal from the super trend indicator, indicating that the short-term trend may continue to be bearish. However, if bulls are able to trade over $50, we may witness an upward movement to $60 and higher. However, if prices fall below $40, bears may push the price much lower, maybe as low as $26.
Related Topic: APT Price Predictions
FAQs
Some of the frequently asked questions on GMX price predictions are:
How to Buy GMX Token?
You can buy GMX tokens from multiple exchanges but the most trusted exchange we recommend you to buy is Binance.
What is the Total supply of GMX coin?
The total supply of GMX token as per the data of CMC is currently 8+ Million.
Will the Price of GMX reach $100?
Yes, It is clear that the bull rally of crypto market have started so we can see the price of GMX crossing $100 within a couple of weeks.
Can the Price of GMX coin reach $1000?
By looking at the limited supply and the use-case of the project it can be said that GMX can surely reach the price of $1000.
Bottom Line
The most recent forecast we have for GMX is this one. GMX will end the year on a high note due to a robust trend. These are just a handful of the technical assessments and findings made by the renowned professionals and analysts on our site.
The presented values, based on empirical evidence, are evaluated using the preceding pricing analysis. Do your research before investing, then.
