MEXC Reports 21% MoM Growth in New-Token Traders and 31% Increase in Tokenized Stock Trading Volume in August
MEXC reported strong August growth across new tokens and TradFi assets. Users trading new tokens rose 21% month over month, and the top token reached a peak gain of 14,143%. The top 10 new tokens by peak gain averaged 3,358%, while five memecoins made up 55% of top-volume new-token trading; AI, RWA, DeFi, and cross-chain projects accounted for the rest. TradFi Spot volume rose 13% month over month, driven by a 31% increase in tokenized stock trading, with CRCL, NBIS, and SPCX among the most traded assets. Gold-linked assets also stayed active, led by GOLD (PAXG). In TradFi Futures, precious metals volume increased 32%, with XAU up 57% and SILVER up 39%. MEXC also ran major campaigns for TradFi, xStocks, and MOVE to expand access to cross-asset trading.
