World Crypto Global
- Written by: Vamsi Krishna
- Thu, 19 Jan 2023
- India
GMX Price Prediction. The price of GMX in 2023 can reach a high of $81.85, given the current circumstances. What is GMX? A decentralized exchange 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 […]
GMX Price Prediction for 2023, 2024, 2025 to 2030: Will GMX reach 100USD?
GMX Price Prediction. The price of GMX in 2023 can reach a high of $81.85, given the current circumstances.
What is GMX?
A decentralized exchange 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.
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:
- VVS Finance
- DYDX
- Stargate
- Liquity
- Synthetix
- Rocketpool
GMX Price Forecast for 2023
According to our research GMX price could touch a high of $81.85 in December 2023 and a minimum of $38.13 in May 2023. There’s a big fluctuation in the market sentiment indicating a volatile year for GMX.
| When | Maximum Price | Minimum Price |
| January 2023 | $59.81 | $39.37 |
| February 2023 | $61.01 | $45.46 |
| March 2023 | $45.76 | $41.60 |
| April 2023 | $50.33 | $45.76 |
| May 2023 | $41.94 | $38.13 |
| June 2023 | $50.33 | $45.76 |
| July 2023 | $60.40 | $54.91 |
| August 2023 | $66.44 | $60.40 |
| September 2023 | $69.76 | $63.42 |
| October 2023 | $66.44 | $60.40 |
| November 2023 | $73.08 | $66.44 |
| December 2023 | $81.85 | $74.41 |
GMX Price Prediction for 2024
As per our analysis, 2024 looks bullish for GMX. GMX is set to hit a maximum of $190.83 and a low of $78.33.
| When | Maximum Price | Minimum Price |
| January 2024 | $86.16 | $78.33 |
| February 2024 | $96.81 | $88.01 |
| March 2024 | $129.08 | $117.34 |
| April 2024 | $117.34 | $106.68 |
| May 2024 | $97.79 | $88.90 |
| June 2024 | $117.34 | $106.68 |
| July 2024 | $140.81 | $128.01 |
| August 2024 | $154.89 | $140.81 |
| September 2024 | $162.64 | $147.85 |
| October 2024 | $154.89 | $140.81 |
| November 2024 | $170.38 | $154.89 |
| December 2024 | $190.83 | $173.48 |
GMX Price Prediction for 2025
According to our analysis, GMX price will mostly stabilize in the year 2025. With it’s 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: 184.24USD
- Min GMX Price prediction for 2025: $131.33
| When | Maximum Price | Minimum Price |
| January 2025 | $162.20 | $147.46 |
| February 2025 | $154.09 | $140.08 |
| March 2025 | $161.80 | $147.09 |
| April 2025 | $144.46 | $131.33 |
| May 2025 | $157.02 | $142.75 |
| June 2025 | $172.73 | $157.02 |
| July 2025 | $164.50 | $149.55 |
| August 2025 | $149.55 | $135.95 |
| September 2025 | $157.02 | $142.75 |
| October 2025 | $149.55 | $135.95 |
| November 2025 | $164.50 | $149.55 |
| December 2025 | $184.24 | $167.49 |
GMX Price Prediction for 2026-2030
GMX looks bearish for the year 2026 with the high being $129 and a low at $90.
In 2027, GMX price might reach a maximum of $109.63 and a minimum of $76.74, making it another bearish year for GMX.
As per our analysis, in 2028 the price should be back near the all time high at $197.32, making it a bullish year for GMX.
GMX price for 2029 looks bullish once again, doing nearly 2X from the previous year.
According to our analysis, GMX price for 2030 could reach a high of $451.39 and a low of $315.97.
| When? | Max Price | Min Price |
| 2026 | $128.97 | $90.28 |
| 2027 | $109.62 | $76.74 |
| 2028 | $197.32 | $138.13 |
| 2029 | $405.33 | $283.73 |
| 2030 | $451.39 | $315.97 |
GMX Price Prediction for 2023-2030 in INR
| Year | Maximum Price | Minimum Price |
| 2023 | ?6,548.07 | ?3,050.39 |
| 2024 | ?15,266.19 | ?6,266.10 |
| 2025 | ?14,739.34 | ?10,506.35 |
| 2026 | ?10,317.54 | ?7,222.27 |
| 2027 | ?8,769.91 | ?6,138.93 |
| 2028 | ?15,785.83 | ?11,050.08 |
| 2029 | ?32,426.54 | ?22,698.58 |
| 2030 | ?36,111.37 | ?25,277.96 |
FAQs
Will GMX Price ever reach $100?
Yes, the price of GMX is expected to hit $100 around 2024.
Is GMX worth buying in 2023?
Yes, with the crypto market down GMX token is available at a good discounted price.
What is GMX Price Prediction for 2030?
As per our technical analysis, the price of GMX can be somewhere around $390 in 2030.
What is the GMX price prediction in 2025 in INR?
The price of GMX in 2025 is expected to be around ?12,000 in 2025.
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