According to an official release, Mudrex, a crypto investment platform, announces the success of its Muhurat Investing campaign. On November 12, 2023, the platform experienced an impressive surge in activity, with over 40,000 users transacting on the platform during Muhurat Investing.
It is believed that 63% of users invested in coin sets such as BTC 50, ETH 50 and crypto blue chip. The platform also saw a sizable proportion of users opting for SIPs. The platform is expected to have witnessed over 1,000 investments exceeding $100, indicating a growing trend of substantial transactions.
“We witnessed an influx of users embracing this tradition on our platform. The number of participants seems to reaffirm the growing interest and trust in Mudrex as a destination for crypto investments,” Edul Patel, CEO, co-founder, explained.
Furthermore, Mudrex is expected to see a regional diversity in user participation, with 70% of users hailing from major metropolitan areas, including Bengaluru, Delhi, Mumbai, Hyderabad, and Ahmedabad. The remaining 30% of users are believed to have come from non-metro cities, as per insights from the official release.
