🔥 DOLO's listing on Binance is indeed eye-catching, trending on search engines, and flooding WeChat groups. But after the excitement, what we should really pay attention to is not the listing itself, but the fundamentals behind it — just like every new coin launch is often followed by a frenzy of speculation, the ones that truly survive have never relied on hype, but on solid mechanisms.
Take liquidity for example, DOLO's trading pairs are currently scattered across different platforms; which ones truly have depth and which ones are just for show must be clearly understood. For instance, that Turkish TRY trading pair may seem niche, but it could actually be a hidden entry point, specifically catering to local user demand, quite clever.
Currently, DOLO still carries a 'seed label,' which means it is still in the observation period. Whether it can shake off this label depends on whether it can withstand several challenges: sustained trading volume, not too much price discrepancy, and a deeper pool. Only by passing these tests can we conclude that it is not just a short-lived speculation.
The mechanism design is also interesting. Features like veDOLO and oDOLO essentially encourage you not to rush to sell; holding for the long term yields greater returns. But one must also be cautious of the unlocking rhythm — if one day a huge wave is suddenly released, it could lead to selling pressure that is difficult to bear.
The most critical factor is whether the protocol can genuinely generate profits and also provide returns to token holders. If there’s just a narrative without actual revenue, it will eventually collapse; however, if it can convert trading and lending activities into real profits, DOLO has a chance to transform from a speculative asset to a true DeFi asset.
So I believe that DOLO's value does not lie in 'how much it rises on the day of listing on Binance,' but rather whether it can remain stable in the following months. Will it become another fleeting coin, or can it genuinely solve liquidity issues? Time will give us the answer.
