Post
Topic
Board Altcoin Discussion
Re: Decentralized exchange token prices soared
by
nicolas1979
on 27/10/2021, 22:07:57 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?

I think it's just a temporary pump for certain coins, it has nothing to do with the crypto ban in china. Because the information about the crypto ban in China has no impact on the price of Bitcoin and other cryptos. Even a recent BitcoinArchive tweet stated that China would not be able to ban Bitcoin in their country. Most of the current memes about Bitcoin vs china are circulating on twitter. There is only one way for China to ban Bitcoin, which is to cut off the entire internet network in their country. But that's something stupid that can't be done. Grin Maybe this is the advantage of investing in digital assets, no one can prohibit ownership of these assets. No government certificate required. Maybe they can shut down centralized exchanges, but decentralized exchanges can run smoothly. They can close exchanges in their country, but they also cannot close exchanges from other countries. This is something that is confusing for those who are not happy with crypto.