$HFT This coin is a decentralized exchange that focuses on "professional market making," emphasizing low slippage and cross-chain trading, but can't compete with big players like Uniswap.
Now the price has dropped from its historical high, with a market value of 70 million dollars, and 40% of the tokens are not unlocked, which could lead to a sell-off. Recently, they implemented token burning (buyback with 50% of the fees) and got listed on a few second and third-tier exchanges, and the institutional DWF Labs has also gotten involved.
Personal opinion: There might be a small rebound in the short term, but in the long run, it depends on whether it can outperform its competitors.
At this price level, it's not considered expensive, but it's also not recommended to play; wait for major exchanges to list it or for trading volume to surge before considering. You can dabble a bit, but don't get too carried away.
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