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BitMart
BMX#811
$0.058833
BitMart (BMX) trades near $0.40 and carries a market capitalization of roughly $135.6 million. Ranked 260th by market cap, BMX sits outside the very largest crypto-assets but still holds a measurable footprint. Daily turnover comes in around $11.7 million, a helpful gauge of how actively the token is changing hands — and a useful starting point for any BitMart report.
These figures shape the asset's trading profile. Market cap reflects BMX's overall dollar size, while volume signals recent activity. When turnover is meaningful relative to capitalization, entering and exiting positions tends to be smoother than in thinly traded coins, though conditions can shift fast. A price near forty cents makes percentage moves easy to track, yet the dollar figure alone reveals little about underlying value — a key reminder for anyone weighing a BitMart analysis May.
Volatility is the dominant risk to watch. A rank around 260 and double-digit-million daily volume don't rule out sharp swings, wider spreads, or abrupt shifts in trader interest. Any honest BitMart forecast leans on live price, volume, and rank read together, rather than a single headline number.
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What is BitMart? A quick explainer
BitMart (BMX) is a crypto asset priced around $0.40, with a market value of about $135.6 million. Its 24-hour trading volume is about $11.7 million, so beginners should watch liquidity and price swings before buying.
Security check
Smart contract risk scan — checks for honeypots, hidden taxes and more.
This coin carries 2 risk flags. Not suitable for beginners. If you invest anyway: only money you can afford to lose entirely. No DCA plans, no leverage, no FOMO buys after a pump.
AI analysis
Clear bullish / neutral / bearish signal based on market data, on-chain security and macro signals.
Analysis from November 11, 2026
This analysis is refreshed automatically in the background.
Rating
Bearish84% confident
Confidence
Summary
BitMart's BMX data picture is predominantly strained: recent exchange-hack reports, a contract trust score of 40, and very high holder concentration dominate the constructive contract features. The Fear & Greed Index is 29 (Fear), down 21 points from 50 over seven days, showing a rapid shift toward market-wide risk aversion that makes the backdrop harder for an exchange token. The top 10 holder addresses control 97.31% of BMX, while the contract is mintable, creating concentration and supply-control risks. On the positive side, contract checks show no honeypot behavior, zero transfer taxes, open-source code, and no hidden owner or transfer pause. For investors, the balance of evidence points to elevated uncertainty over the coming weeks and months, with security confidence and market sentiment more concerning than the available safeguards are reassuring.
📰 Current News & Events
Recent coverage centers on security incidents: Crypto Briefing reported that BitMart confirmed a hack and cited an analyst linking it to the Mercado Bitcoin breach. Cointelegraph then quoted BitMart's founder describing the security team as severely understaffed after the new hack. CoinDesk separately reported that the Mercado Bitcoin attack continued for hours after it had been described as contained, adding context to concerns surrounding the linked incidents. All three articles are tagged neutral by the sentiment feed, but their substance can still weaken confidence in an exchange-linked token such as BMX.
📈 Price Movement Analysis
A recent BMX price trend is not quantifiable. The only stated price reference is the all-time high of $0.619048 reached on June 5, 2024, which does not show what happened during the latest days or weeks. Conditions that could affect valuation include the hack-related headlines, the Fear & Greed decline from 50 to 29 in seven days, and the rising US dollar index. These factors indicate a difficult surrounding environment rather than evidence of a measured BMX price move.
Strengths
✅The contract is not identified as a honeypot, meaning the checks did not find a mechanism designed to trap tokens by blocking normal transfers. Transfer taxes are also 0% in both directions.
✅The code is open source, and the contract is neither a proxy nor associated with a hidden owner. These features improve transparency, although they do not by themselves prove that the contract is risk-free.
✅The checks found no ability to pause transfers, modify slippage, impose a trading cooldown, change holder balances, or reclaim ownership. This limits several forms of centralized contract interference.
Risks
⚠️Recent reports say BitMart experienced a hack, while its founder described the security team as severely understaffed. For an exchange-linked token, concerns about the operating platform can directly affect confidence in the token's ecosystem.
⚠️The contract trust score is 40, and the contract is mintable, meaning additional units can potentially be created through its configured controls. This creates supply-management uncertainty.
⚠️The top 10 holder addresses control 97.31% of BMX, indicating extremely concentrated token ownership at the address level. The figures do not reveal how many separate people or organizations control those addresses.
⚠️Only 339.4 million tokens are circulating out of a maximum supply of 881.7 million, a ratio of 38.5%. The large noncirculating portion creates potential dilution uncertainty, although it does not show when or whether those units will enter circulation.
⚠️Market conditions are defensive: Fear & Greed is at 29, interest rates and inflation are rising, and the US dollar index has strengthened. This combination is generally difficult for speculative crypto-assets.
📊 Macro context
The Fear & Greed Index stands at 29 (Fear), falling from 50 to 29 in seven days and signaling a sharp increase in market-wide caution. The available history is not robust enough to calculate a meaningful 90-day comparison. The Fed Funds Rate rose from 3.75% to 3.88%, annual inflation increased from 4.02% to 4.08%, and the US dollar index advanced from 121.51 to 121.88, creating a restrictive backdrop for speculative assets. The tracked top stablecoins total $256.9 billion, down 1.6% over seven days and 4.2% over 30 days; this is a descriptive liquidity snapshot for a fixed measurement universe, not the complete stablecoin market. The three current headlines concern security incidents rather than BMX-specific regulatory developments.
❓ Frequently Asked Questions
How does the model assess the current BMX data situation?
The data picture is predominantly strained because security-related news, extreme token concentration, mintability, and fearful market sentiment point in the same direction. Open-source code and the absence of several harmful contract controls are constructive, but they do not offset the larger risks.
Why do the latest BitMart security headlines matter for BMX?
BMX is an exchange-based token, so confidence in BitMart's security and operations is closely connected to confidence in the token's ecosystem. Reports of a hack and an understaffed security team can damage that confidence even though the news feed labels the articles neutral in tone.
What are the main strengths and risks for BMX right now?
The main strengths are open-source code, zero transfer taxes, and the absence of honeypot behavior, transfer pauses, hidden ownership, or adjustable slippage. The largest risks are the reported hack, a trust score of 40, mintability, 97.31% concentration among the top 10 holder addresses, and a market Fear & Greed reading of 29.
BitMart's current data picture is predominantly weak, mainly because token ownership is extremely concentrated and the smart-contract trust score is only 40 out of 100. The 10 largest wallets control 97.31% of BMX, meaning decisions by a very small group could have an outsized market impact. The Fear & Greed Index is 65, labeled Greed, which supports broader crypto demand, but its seven-day decline from 73 to 65 shows that enthusiasm is cooling. Assets tracked as total value locked rose 3.97% in one day and 1.62% over seven days, providing a limited constructive signal. For investors, the concentration risk, possible creation of additional tokens and limited security score outweigh the supportive market mood, while unavailable price, developer, on-chain and token-unlock data reduce confidence in the assessment.
Aug 27, 2026, 9:21 PM
BearishBearish · 79% confident
BMX is showing a difficult data profile right now. Ownership is heavily concentrated, the security trust score is low, and there's no recorded developer activity to speak of. Zooming out, the broader Fear & Greed Index sits at 71 (Greed), though it's slipped slightly from 72 over the past seven days — a sign that market optimism is strong but could be vulnerable to a sentiment-driven reversal. On the positive side, BitMart's total value locked climbed 35.18% over the week to roughly $4.84 million. That said, the top 10 addresses hold 97.31% of tracked tokens, the contract remains mintable, and there have been zero commits in the past four weeks. For anyone weighing BMX in their coin analysis, the improving platform activity and friendlier macro backdrop are overshadowed by coin-specific concerns around security, concentration, and transparency. Missing price, on-chain flow, and token-unlock data only add to the uncertainty.
Aug 20, 2026, 6:38 PM
BearishBearish · 78% confident
BitMart (BMX), the token tied to the centralized BitMart exchange, presents a risk-heavy profile even as broader crypto market conditions improve. This investment research (MiFID II Del. Reg 2017/565 Art. 36) notes the Fear & Greed Index at 62 (Greed), up 33 points from 29 — a sharp recovery in overall market confidence, though this alone doesn't confirm stronger demand for BMX specifically. BitMart-linked total value locked (TVL, the amount of capital deposited in a platform's contracts) climbed 14.68% over seven days to roughly $3.55 million, offering one genuinely positive platform-level signal. Set against that: a contract trust score of just 40, and a striking concentration problem where the top 10 addresses hold 97.31% of all tokens. Developer activity was flat at zero over the past four weeks, and price, trading volume, on-chain flows, current news, and token unlock details were all unavailable. Taken together, the improving mood and rising locked value don't offset the weak security signals, concentrated ownership, and near-total absence of active development.
