MX Token (MX) Price Prediction

Deep Dive

1. Supply Mechanics via MX 2.0 (Bullish Impact)

Overview:
MEXC’s MX Token 2.0 program burns 40% of exchange profits quarterly, removing 2.4M MX (~2.6% of circulating supply) in Q2 2025. Burns aim to stabilize supply at 100M MX long-term vs. current 93.5M.

What this means:
Scarcity mechanics could counter dilution risks from the 413M total MX supply. Each burn reduces sell pressure – the Q2 2025 burn temporarily lifted MX 5% before profit-taking. Sustained burns may create upward bias, but require MEXC maintaining profitability.

2. Platform Token Sector Saturation (Mixed Impact)

Overview:
MX lags behind BNB (+62.5% YTD) and OKB (+197.7% YTD) in 2025’s exchange token rally. Platform tokens now hold 4.3% of total crypto market cap, up from 3.1% in 2024 (CoinMarketCap).

What this means:
MX’s -31.3% annual return reflects weaker exchange growth vs. Binance/OKX. MEXC’s 0-fee Futures promotions (100+ pairs) and Kickstarter airdrops target user acquisition – success here could close the performance gap.

3. Japan’s Regulatory Tailwinds (Bullish Impact)

Overview:
Japan’s crypto transactions doubled to $230B in 2025, driven by yen stablecoin adoption and tax reforms. MEXC parent Meituan reportedly seeks a local license to tap institutional demand.

What this means:
Regulatory clarity in Asia’s second-largest economy could drive MX utility growth. MEXC’s Malta-based entity already offers MX-powered fee discounts – Japanese access would expand token use cases beyond current spot/Futures perks.

Conclusion

MX’s engineered burns and MEXC’s Asia expansion plans offer price upside, but require execution against fierce exchange competition. Watch Q3 2025 burn volume (expected late October) and Japan licensing updates – two near-term catalysts that could break MX from its $2.50-$2.80 consolidation.

Will MEXC’s user incentives offset the 319M MX tokens still awaiting circulation?