Trade Alert (New Micro Cap)

Here is a new coin that I found. As you know I am a huge fan of Arbitrum and can see it helping Ethereum out when the next bull market happens and overcrowding of transactions start occurring on a weekly basis . I am not in the camp that it will take over Ethereum. That’s a whole other story. However check this perp exchange out. The coin is HMX.

Contract address: 0x83d6c8C06ac276465e4C92E7aC8C23740F435140

Here they are on Arbiscan:
https://arbiscan.io/token/0x83d6c8c06ac276465e4c92e7ac8c23740f435140

I used under 1 percent of my cash on this purchase. This is of course VERY RISKY and VERY SPECULATIVE. I bought this at $12 USD with ARB on UNISWAP. I sent some USDT to Binance and then bought ARB with it. I then proceeded to send the ARB that I just bought using ARB chain while withdrawing my ARB to my hardware wallet which I had connected to Rabby Wallet. I will take my initial investment out if we double from here. There are no promises on this coin. BUT they do have a very active team and they are building and their dex is pretty cool with a great UI. 

Here is a Rabby + Uniswap tutorial we just made for those new to this:
https://youtu.be/Qpzo6mCZGWk?si=jXr0ICpiy5ZjaKZA

As you can see they have a fully diluted mcap of just $21.5 million USD. This is fully diluted so the actual market cap is at $11 million making it a micro cap.

HMX is a decentralized perpetual exchange (PerpDEX) built on the Arbitrum network. It allows users to trade crypto, FX, equity, and commodity with up to 1,000x leverage. HMX is designed to be more efficient and user-friendly than traditional centralized exchanges. It also offers a number of features that are not available on other exchanges, such as leveraged market making and real yield maximization.

The founders of HMX are Michael Barnett and Hamza Khan.

• Michael Barnett is the Founder and Executive Vice President of HMX. He has over 20 years of experience in the financial technology industry. He previously worked as a Partner at Knowledge Automation Partners, where he led the development of automated trading systems.
• Hamza Khan is the Co-founder and Chief Technology Officer of HMX. He is a software engineer with over 10 years of experience in the blockchain industry. He previously worked as a Software Engineer at ConsenSys, where he developed smart contracts for Ethereum.

Have a great day.

Toby