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 shouldn’t come as a surprise to all of us, why? Because this was meant to happen. In every country where the government becomes an obstacle against cryptocurrency users, they all tend to move towards decentralized exchanges. Decentralized exchanges has only been the gateway for many people who lives in countries where cryptocurrencies are illegal.
People have been able to rely on decentralized exchanges to continue with their business of buying and selling cryptocurrencies and also to be able to have access to the cryptocurrency market. So for sure the assets of these exchanges are meant to increase in value since people are now moving towards that area. Before, centralized exchanges where the hotcake, but now is DEXes.