BitMart
BMX#929 by market capNot covered. The criterion it missed: homepage could not be fetched (HTTP Error 403: Forbidden).
BitMart is for an exchange's own token. We have not written its record yet, so its promises are not checked. It trades at $0.0528, #891 of all coins by size, 91% below its highest ever price.
This week Nothing changed on its record.
A real job. No dated promises on its pages. Nothing dated ahead. +27% to match its rivals. 1 reason to be careful.
Is it real?
Reasons to be careful:Half the supply still to come
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2 of 4
- ✓A real-world jobReal-world purpose: an exchange's own token
- –Real backingA named investor, an index, a major exchange, or a billion-dollar size.
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $17.9M, 85 times smaller than HTX DAO, the biggest coin within reach doing the same thing (Centralized Exchange (CEX) Token)
No named backer
- Origin12 March 2020about about 6 yearsbitmart.com/trade/en?symbol=AKT_USDT
- DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
- BackingNo named investorNot on a big exchange we track
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
To be worth what the typical coin in Centralized Exchange (CEX) Token is worth ($22.69M), its price would need to rise 27%, to about $0.0669. To match the leader, HTX DAO, 8390%.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Listed on fewer than two big exchanges
- No named investor among its tags
- Only 0 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
An exchange's own token
136 coins tagged Exchange-based Tokens, worth $155.78B together. #60 of 136 by worth.
Centralized Exchange (CEX) Token: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
BitMart$17.9Mthis coin−1.5%38% outno record
HTX DAO$1.52B84.9× bigger, +$1.5B−0.2%, gap +1.390% outno record
Bitget Token$1.35B75.4× bigger, +$1.33B−0.4%, gap +1.135% outno record
Gate$988.22M55.2× bigger, +$970.32M+0.7%, gap +2.275% out0 of 1 delivered
KuCoin$945.01M52.8× bigger, +$927.11M−1.4%, gap +0.1no max0 of 6 delivered
NEXO$806.06M45.0× bigger, +$788.16M−2.7%, gap −1.2100% outnone dated
GRX Chain$201.3M11.2× bigger, +$183.39M+0.0%, gap +1.595% outnone dated
BTSE Token$177.17M9.9× bigger, +$159.26M+5.1%, gap +6.681% outnone dated
Centralized Exchange (CEX) Token: this coin next to HTX DAO, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- BitMart says
- BMX is an ERC20 based token issued by BitMart Exchange with total volume of 1,000,000,000.
- HTX DAO says
- HTX is the governance token of HTX DAO, a decentralized autonomous organization relying on the collective autonomy of HTX token holders.
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
BMX is an ERC20 based token issued by BitMart Exchange with total volume of 1,000,000,000. First issued as BMC in December 2017, BitMart changed the name of the token in January 2018 as BMX.
Problem it says it solves: an exchange's own token. 136 coins are working on it and together they are worth $155,781,582,331. This coin is 0% of that.
Where it trades: BitMart
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
1 reason to be careful
- Half the supply still to come62% of the maximum supply is still to come
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Centralized Exchange (CEX) Token: this coin next to the group's largest, HTX DAO.
| BitMart | HTX DAO | |
|---|---|---|
| Years trading | 7 years | 2 years |
| Major exchanges | 0 | 2 |
| Named backers | 0 | 0 |
| Headlines, last month | 0 | 8 |
| Promises delivered | no record | no record |
What it says is different: BMX is an ERC20 based token issued by BitMart Exchange with total volume of 1,000,000,000. First issued as BMC in December 2017, BitMart changed the name of the token in January 2018 as BMX.
It is 1.2% the size of HTX DAO. On the facts above it is behind on major exchanges, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it, listings on major exchanges. Nothing here says it will; the site does not predict.
Printed the same way as the reasons for: facts from the record, the tags and the market feed. Never a verdict, never the word sell.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $0.619 on 4 June 2024. Today is 9% of that.
38%
of all BMX that will ever exist is already out in public hands: 339.41M coins.
62% (542.27M coins) is not yet created or held by the project. That is a majority. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Perks on its own exchange
Fee discounts and access on the exchange that issued it. Its demand follows that exchange.
- Fee discounts and access on the exchange that issued it
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- of the maximum supply is in circulation: 339.41M of 881.68M.
- 542.27Mcoins still to be released, 62% of the maximum. Releases can add selling pressure.
- 1.9×fully diluted value versus today's market cap. The gap is coins not yet released.
- of its all-time high of $0.619 on 4 June 2024. That is −91.5% from the top.
- #891by market cap, $17,904,148.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $5M is locked in it right now
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Nothing in the news this month.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Not covered. The criterion it missed: homepage could not be fetched (HTTP Error 403: Forbidden).
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy