As you know , if you are trading at Dex you could easily see x100 pumps . After that pump, price down to usual point. So what is that meaning? If any whale wants to collect the tokens, there are many better ways to collect them more cheaper. Any clue ? is that money laundring?
It is definitely money laundering action and DEXs are great places for it to do this easily. when our account needed only 12 seed phrases and we were able to start trading hundreds of thousands of dollars and no strings attached.
That is why DEXs last so long while transaction fees are expensive and the volume is low. Ideally, we should not use these types of DEXs, which is the playground of the shark.
I'm convinced that we'll see way more like this in the future. There are tons of wealthy people who wants to move money around without anyone knowing about it, and it's the perfect place to do just that!
I'm sure that
real DEX's will be used a LOT if we ever get full adoption of the blockchain technology. Millions of dollars will flow through the Blocknet DEX, Komodo's Atomic DEX etc. Just wait and see!