DoctorX DRX Airdrop Distribution Complete: Listing Price Set To Make Miners Millions
By Market Steam Dec 13, 2024
The memecoin of the MultiversX and ION ecosystem is expected to reach a $200 million FDV market capitalization at launch, with pre-market OTC trading at $0.0013 per DRX token.
With no intrinsic value or project roadmap, DoctorX's DRX token—dubbed the most charismatic meme-worthy coin on the MultiversX blockchain—is intentionally designed to be flexible as the fun-focused cryptocurrency gains traction among users.
At A Glance
● The DRX airdrop distribution by DoctorX was completed, with 2.6 million eligible users.
● According to on-chain data, there are 203,118,765,429 DRX tokens in circulation.
● Discrepancy in received tokens to in-app balance suggests a cut down on real circulating supply.
● The OTC pre-market trading of DRX by Gate.io puts the memecoin on track to launch with an FDV market capitalization of $200 million.
● Community sentiments remain bullish, with DEX and CEX spot trading of DRX expected on December 17th, as announced by the team.
Meme Mining To Millions In Rewards
DoctorX, powered by Ice Open Network(ION) and MultiversX, is set to reward over 2.6 million crypto users with airdrop tokens worth millions for joining its tap-to-earn mining program.
This is significant milestone not only for DoctorX but also for MultiversX as it achieves over 2.6 million new on-chain users following DRX token distribution.
With its unique ESDT distribution contract, xBulk, MultiversX also demonstrates network's scalability that allows for the efficient distribution of DRX with a low transaction cost handled over a mere 36,799 tx.
Furthermore, this is a significant occasion for the Ice Open Network (ION), a fork of The Open Network (TON), which showcases the blockchain's advanced mining technology for startups.
With the DEX and CEX spot listing set for December 17th, DoctorX's DRX token, which has 203,118,765,429 on-chain supply, is poised to take center stage if its first day of trading generates sizable volumes.
However, according to community players' comments, distributed tokens to users deviate from in-app balance, which could indicate that some of the token's supply has been vested or that a burn event is imminent to reduce the actual amount of DRX tokens in circulation.
Gate.io’s pre-market OTC trading price — $0.0013 at press time places DRX at a $264 million FDV. While liquidity remains low, community sentiments remain positive for the ION × MultiversX memecoin, potentially placing it in good favors for market speculations and investors to jump onboard on listing day.
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