MEXC reports growth in new-token and tokenized stock trading for August

MEXC reported a 21% month-over-month increase in users trading new tokens in August, with the top-performing token, Niu Lai (牛来), gaining 14,143%. Tokenized stock trading volume also rose 31%, driving a 13% increase in TradFi spot trading. Memecoins accounted for 55% of the volume among top new tokens, while utility projects in AI, RWA, and DeFi also saw significant interest.