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Coin Gabbar·3 min read·medium

Can MRX Really Deliver 100X After TGE?

J
Jeet Singh Bais
Can MRX Really Deliver 100X After TGE?
AI Summary

Mirex Network has announced a September 1st launch for its MRX token on PancakeSwap, despite inconsistencies regarding its presale closing date. Analysts warn that a 100X return from the $1.92 presale price would require an unrealistic $5.18 billion valuation.

Why it matters

Investors are cautioned to perform due diligence on crypto projects that display contradictory administrative data and aggressive, potentially unrealistic, marketing claims.

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Mirex Network's official account has confirmed $MRX launches on PancakeSwap on September 1st and is already asking its own community whether this could be "the next big event."

Before answering that with hype, this Mirex Network launch update runs the actual math: at the current $1.92 sale price, a 100X would require MRX to reach a valuation most newly launched tokens never come close to.

Here's what that number actually means, alongside what's confirmed and what still is not.

MRX's presale sale price is $1.92, with a $640K max sale and a 333,333 MRX allocation cap; the sale is live but its own page lists a close date of July 15, 2026, already in the past relative to this capture

A 100X from $1.92 would put MRX at $192, implying a roughly $5.18 billion fully diluted valuation against the project's 27 million total supply

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