Many people asked Xixi, why is the price of U so much lower in the over-the-counter market?
Here is an answer for everyone. There are two main reasons:
1. The Federal Reserve has started to cut interest rates by 50 basis points, and it will continue to cut interest rates in the future, so the US dollar will go down in the long run.
2. In this bull market, big dealers sold U in large amounts to cash out and left the market. They hoarded coins at a low price before and have made several times the profit now.
In the next few months of this year, I am optimistic about October. Now I am taking stimulants. The market is only one and a half months away, and the positive impact of interest rate cuts will not last too long. Recently, DODO has also had great benefits. Seize this opportunity and eat it all at once!
1. Multi-chain ecological layout
DODO has not only supported the existing public chains, but also completed the deployment of 16 main networks including Ethereum, BSC, Polygon, etc., and the upcoming DODOchain, as an exclusive blockchain focused on improving liquidity and transaction performance, will bring unprecedented expansion capabilities and function upgrades to DODO, providing users with a more excellent trading experience.
2. Traffic engine in the Meme coin craze
With the global craze of Meme coins, DODO's multi-chain one-click coin issuance function has become an ideal platform for the rapid issuance and circulation of emerging tokens. The upcoming Meme exclusive platform will gather a large number of users and developers, making it the traffic center of the Meme coin market and further strengthening its market position.
3. Advantages compared with other DEXs
Compared with other decentralized platforms (DEX), DODO is not outstanding, but the low market value also means a broader upward space. Moreover, there are many top institutions behind DODO, such as Binance Labs and Pantera Capital, which have injected strong momentum into DODO. The investment of these institutions is not only a recognition of its technical strength and business model, but also opens a broader market window for DODO.
4. Value benefits of BTCFi assets
The multi-chain one-click coin issuance function of the DODO platform reduces the difficulty of issuing BTCFi assets and meme coins, while the PMM algorithm provides a tight bid-ask spread and low slippage, creating a more stable and healthy trading environment for assets and promoting the long-term development of assets.
DODO is driving progress in the decentralized financial sector through a series of innovative features and services, and is expected to become a central force in it.