Let's Chat $PARTI
The price of parti's token has been going down, from the airdrop to now, it has dropped from around 0.40 to the current 0.164. I am very calm, and I even hope it can continue for more than three months. I just want to increase my holdings.
Many friends ask me why I am optimistic, and there are only two words: feeling. It's that kind of feeling, you know? Everyone knows some well-known sayings in the crypto world: if you can see it clearly, buy early, go heavy, and hold on.
Whether I can see it clearly or not is not the point; buying early, the current price is not too high, and it can be seen that 0.15 is the support price from the whales, so it shouldn't drop too much below 0.15. I am heavily invested because I went all-in with spare funds, plus I have added all my spare money into parti, so for me, it's considered a heavy investment. I can hold on because it’s spare money, so I personally believe that I can hold on for at least three years, and my expectation is ten times, that is, when the price reaches around 2-3, which is my initial expected price. However, I always have a feeling that there will be a wave of market movement within three months.
From yesterday's voxel event on bitget, I believe everyone has seen the drawbacks of centralized exchanges. Data manipulation, all exchanges are like this, and data manipulation isn't anything new, but from the current market situation, the development of DEX is definitely the trend of the future.
When an account can operate on the entire chain without KYC, with a smooth trading experience, able to open contracts, and extremely low transaction fees, aside from deposits and withdrawals, I really can't think of any advantages of a centralized exchange. Moreover, many DEXs can directly buy and sell USDT but do not support domestic transactions.
The realization of such a scenario is an opportunity for Particle Network. This should be the most complete state, but currently, there are still many shortcomings. The transaction fees are too high; although the market rate is 1%, it is obviously too high considering there are gas costs on-chain. If this fee can be reduced to the level of regular users on exchanges, around 0.1%, I believe the time left for CEX is not much.
Therefore, parti can well interpret three words: learn by doing. It is slowly progressing and is currently in a stage of quantitative change. One day, there will be a qualitative change. When its wallet function becomes more and more perfect, the trading experience becomes smoother, and the costs become lower, I believe DEX can occupy the dominant position in the future market. However, whether it is Particle or not is hard to say; I just personally think that the outlook will be good.