How to judge whether a currency has a strong market maker is actually relatively easy to judge
The first word: it depends on whether the currency has been washed for a long time. The second word: it depends on the form of the start-up. The first wave must be released in large quantities. If not, then it may not be a strong market maker.
The third word: whether the time of the pull-up can be sustained, whether it can continue to rise sideways with shrinking volume. If a large amount of rise occurs in the continuous rise, it means that it is not far from the top.
Based on these three judgments, 80% of the air coins can be basically screened out, and the currency that is more suitable for strong market makers to pull the market is undoubtedly DODO. The sideways time is long enough, the start-up form is also in line with it, and the currency price is also shrinking. Consolidation, there are also good news recently.
Analyze the background and prospects of DODO
DO's products and unique functions
DODO has an anchor pool, which can quickly trade large amounts without affecting the price, reducing slippage. Another thing worth mentioning is the one-click coin issuance, which is also the most responded to function. This function gives users the ability to issue coins without any development foundation.
The explosion of the Meme sector, DODO's multi-chain one-click coin issuance function and the upcoming Meme platform will definitely usher in a huge increase in traffic. With the popularity of Meme, there will definitely be countless project parties who want to eat meat, and DODO is about to launch the Meme issuance platform, which has unintentionally become the first choice. Simple and fast is what every project party and speculator wants.
What support can DODO's various functions bring to the development of BTCFi and Meme coins? For BTCFi assets, DODO's anchor pool can make transactions more stable and reduce the generation of slippage. For Meme coins, DODO's one-click coin issuance platform will bring a sharp increase in traffic to Meme coins and attract many people to participate in Meme transactions, and the liquidity pool can provide Meme with higher liquidity.
Compared with other DEXs, DODO has a lower market value and large institutional investment, which gives DODO the opportunity to have a second spring and also brings a lot of imagination space for Meme coins. At the same time, DODO also has greater development potential.
