Post
Topic
Board Altcoin Discussion
Re: Decentralized exchange token prices soared
by
traderethereum
on 29/09/2021, 08:27:12 UTC
After the news that China banned exchanges from providing trading services to Chinese users fermented, the token prices of decentralized exchanges rose, such as sushi, uni and dydx, especially the rising stars of dydx.
I think they will continue to rise and drive the market into a positive stage.What do you think is the next hot spot?
As long as you can take part and make a profit from those decentralized tokens, that will be your benefit because at this moment, while the bitcoin price moves not good, you can still make money from some coins.
Maybe those tokens can increase more than now but that depends on how crypto market situation.
People search for the coins to trade and make money and they are moving from bitcoin into an altcoin and then moves into dex tokens if they can not get it from bitcoin and altcoins.
I do not have any idea if Dex tokens will be the next hot spot but I guess some investors still focus on accumulating more bitcoin at the current price.