BitMart’s exchange token BMX saw a sharp sell-off on July 25, according to CoinGecko data cited by BlockBeats. The token dropped more than 60% within one hour after a plunge that began at 19:35 the previous evening, briefly falling to around $0.11. It later recovered part of the loss and was trading at $0.142 at the time of writing, with its 24-hour decline narrowing to 53%.
CoinGecko data also showed BMX had rebounded to around $0.14 after the drop, while its market capitalization stood at roughly $48 million. Separate platform metrics listed BitMart at No. 74 among centralized exchanges. The exchange posted $1.1 billion in trading volume over the past 24 hours, and CoinGecko assigned it a trust score of 6 out of 10.
The move marks a sudden and steep intraday decline in the platform token, with the token’s quoted price, market cap, exchange ranking, trading volume, and trust score all taken directly from CoinGecko data referenced in the report.
BitMart’s platform token BMX posted a steep drop on July 25, according to CoinGecko data cited by BlockBeats. The sell-off started at 19:35 the previous evening, and the token fell by more than 60% within one hour, briefly trading near the $0.11 level.
At the time of writing, BMX had recovered to around $0.14. Its 24-hour loss had narrowed to 53%, with the token quoted at $0.142 and its market capitalization standing at $48 million.
CoinGecko also showed BitMart ranked No. 74 among centralized exchanges. The platform recorded $1.1 billion in trading volume over the past 24 hours, and its trust score on CoinGecko was 6 out of 10.
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