What is BitMart Token?

BitMart Token (BMX) is an altcoin currently ranked 191st by market capitalization across all crypto assets we track. It trades alongside other digital assets across centralized and decentralized venues globally.

Market position

At the current price of $0.3118, BitMart Token carries a market capitalization of $101.13M. Daily trading volume across exchanges sits at roughly $9.52M. That works out to a 24-hour turnover of about 9.41% of the float — elevated turnover, often a signal of active narrative-driven trading.

Price action across timeframes

Over the past 24 hours, BitMart Token has moved -0.07%; over the past week, BitMart Token has moved -5.84%; over the past 30 days, BitMart Token has moved -0.78%; over the past year, BitMart Token has moved ++11.20%. The trend reads as broadly negative across timeframes — short-, mid-, and long-term momentum align downward.

Cycle position

BitMart Token is currently trading well below its all-time high (all-time high of $0.6200, -49.7% from peak). A markdown phase — early enough to position, but proceed with care. From its all-time low of $0.0152, current pricing represents a +1,954% recovery.

Supply & dilution

The circulating supply stands at 639,412,030 BMX. Roughly 72.5% of the maximum supply has been issued — meaningful dilution still ahead via emissions, vesting unlocks, or staking rewards.

Volatility profile

Recent price action puts BitMart Token in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals -0.78%, which traders should weigh against position sizing and stop-loss placement.

How to evaluate BitMart Token

A balanced read on BMX typically considers three lenses:

  • Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
  • Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
  • Comparable assets — how is BMX performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.

This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.

Project description

BitMart Token (BMX) is a utility token used on the BitMart cryptocurrency exchange to facilitate trading fee discounts, enabling users to benefit from lower fees and participate in various platform activities. Source: CoinPaprika.com