Nomoex ($NOMOX) is another fast-rising crypto project that fits into our category of Next gems to watch out for. 

The Utility and community behind the projects place it in the same category as coins with the potential of doing 10x or 100x in no distant time. 

Nomoex is an Indian-based decentralized crypto exchange that offers advanced digital financial services with a focus on payments, investments, and trading. 

Nomoex hopes to join other popular decentralized crypto exchanges like Uniswap,1inch, and PancakeSwap in delivering decentralized crypto exchange services to crypto users who do not want to patronize centralized exchanges like Binance and Bybit. 

The project hopes to lead the future of global finance by tackling exorbitant service fees, promoting fortified security measures, and dishing out unparalleled performance with scalable products. 

The Three Pillars of Nomoex Utility 

Nomoex as a project offers its global users three main services that make up the core of its utility. They are Seamless Payments, Simplified investment, and Smart Trading. 

Seamless Payments 

Nomoex hopes to revolutionize domestic and cross-border payments by seamlessly integrating digital QR code payments via cryptocurrency. This tackles the stress of having to exchange currency while traveling. Additionally, with Nomopay and Nomoex Crypto Cards, users can make purchases in the local currency of their choice destination. This utility is a game changer for domestic and cross-border payments and bridges the gap between traditional finance and Web3. 

Simplified investments 

Nomoex is heavy on its user experience. The platform hopes to craft a platform where even beginners would be able to navigate and invest confidently, introducing them to an opportunity to create wealth for themselves. 

Smart Trading 

Here Nomoex hopes to leverage AI and other cutting-edge technology to provide a smart trading experience for traders. Some of its features include AI-powered Smart Trading Terminal, Crypto Bots, AI Trading, Pre-Set Droids, and Trailing Orders. 

NOMOX Token 

It is the native cryptocurrency of the Nomoex ecosystem and it was issued on the BNB Smart chain as a BEP-20 token in 2022. 

NOMOX has a total circulating supply of 2.5 billion and the token is also used as a utility token within the Nomoex ecosystem. 

Numbers 

Founded in March 2022 by Abhishek Mato and Anurag Jha, Nomoex secured $2 million in a funding round led by Aydton Ventures. 

On August 22 Nomoex team launched an Initial DEX Offering (IDO) in partnership with TrustFi in a bid to raise more funds for the project. 

The project raised $600,000 from its IDO campaign. 

Will NOMOX do 10x? 

Given its utility and vision to tackle real-world challenges like domestic and cross-border payments, Nomoex is destined for 10x because it solves a real-world problem and is active in a high-value sector (finance). 

These are still very early days for the project, making it a possibly good time to invest in it. 

$NOMOX tokens can be bought using BNB, USDT, or USDC.