ELX Crypto: The Wild Ride You Didn’t Know You Needed! 🚀💸

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So, ELX crypto just decided to throw a party and guess what? It surged by a whopping 68% in the last 24 hours! 🎉 All this excitement is thanks to its upcoming debut on the South Korean crypto exchange Bithumb. Who knew crypto could be so dramatic?

According to our trusty friend CoinGecko, Elixir’s (ELX) hit an all-time high of $0.726 on March 11. That’s right, folks! It’s now a big deal with a market cap that’s strutting past $100 million. And let’s not forget the daily trading volume, which was up 154% from the day before, hitting a staggering $117 million. I mean, can we get a round of applause for ELX? 👏

Now, why the sudden glow-up? Well, Bithumb decided to roll out the red carpet for this altcoin, announcing it would be adding ELX to its Korean Won market. Because who doesn’t want to trade in a currency that sounds like a fancy noodle dish?

Mark your calendars, folks! Trading for ELX kicks off at 4:00 PM KST on Tuesday, March 11, 2025. But hold your horses! Deposits and withdrawals will only be available on the Ethereum network, and you’ll need to wait for 33 deposit confirmations. Because patience is a virtue, right? 🙄

Oh, and Bithumb is keeping things spicy with some temporary restrictions. For the first five minutes, buyers can’t place orders, and sell orders must stay between -10% and +100% of the base price. Automated trading? Only after the first trade goes through. It’s like a game of musical chairs, but with money! 💃

Today’s gains also come after the project decided to let the public join its validator program. So, if you’ve ever wanted to contribute to decentralization while earning rewards, now’s your chance! It’s like being part of a secret club, but with less intrigue and more crypto. 🕵️‍♀️

And let’s not forget the recent exchange listings on Bitget, Kraken, Bybit, and CoinW on March 7. This all happened just a day after its Token Generation Event on March 6, 2025, where they decided to bless us with a total supply of 1 billion ELX tokens. Because why not? More is more, right?

What is ELX crypto?

ELX is the native and governance token of Elixir, a modular decentralized liquidity network designed to enhance liquidity on orderbook exchanges. Think of it as the cool kid in school who knows everyone and makes sure the party never stops.

Launched in October 2024, Elixir secured an $8 million funding round earlier this March, co-led by Mysten Labs and Maelstrom. They had some big names in the mix, like Manifold, Arthur Hayes, Amber Group, and GSR. It’s like the Avengers of crypto funding! 🦸‍♂️

Elixir’s ecosystem also includes deUSD, a fully collateralized, yield-bearing synthetic dollar powered by the Elixir Network. It’s like a magic trick that helps real-world assets get into DeFi, with a little help from institutions like BlackRock and Apollo. Because who doesn’t want to mix a little Wall Street with their crypto dreams?

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2025-03-11 10:49