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?
This will not be a permanent one neither though. I mean sure it may have seen some uptick because of the news, but it is not something that would be for a long time. It is good that Chinese people could money around from one token to another token (or even wrapped coins) but when they want to take their money out in cash form they will face with some problems. Which is why this ban doesn't really leave any position left for the end result. Sure you can get some crypto, and move crypto to crypto if you want to, but the moment you want to put fiat in or take fiat out there will be a problem for them.
DEX doesn't solve this problem, it doesn't do anything about it at all, it is just leaving it where it is and they can't move it out. This is why the move towards higher prices for DEX tokens are just simply something temporary that will not impact it in the long run.