Defi Summer 2.0 is here, and the movement has already begun with Ethereum treasury companies competing for yield in DeFi to be able to raise ever more funds from TradFi Investors. And it's of no coincidence $DOLO was listed around this season.
What's ($DOLO) about?
DOLO is the governance token of the Dolomite protocol, a next-generation decentralized money market, and DEX built for capital efficiency and modularity in DeFi. It's the next-gen money market and margin trading protocol serving DeFi. Dolomite lets you lend, borrow, and earn with over 1,000 different assets more than any other platform. It’s the most complete DeFi marketplace, and you can do it all while keeping full control of your DeFi rights.
How did I make profits off DOLO?
I was able to get in the market early at BingX listing with a couple of thousands of dollars at $0.12 and did a price surge to $0.30 almost 3x before the price was settled at $0.26. DOLO is designed not just as a governance token but as the engine driving a sustainable, user-aligned DeFi ecosystem.
If you’re watching the DeFi space and looking for tokens with both utility and vision, DOLO might be one worth keeping an eye on.
Checking out on your selling point then it was indeed the peak price or ATH on which if you do able to sell off all of those coins at the price point then congrats. The price is making some dead cat bounce as of this moment on which it just that like a typical projects out there and even if there are some those promises about its utility then I dont easily buy it all the time.
Checking out on this token has issues.
Ownership renounced or source does not contain an owner contract
All other holders possess less than 5% of circulating token supply
At least 95% of largest pool's liquidity burned/locked for 15 days or longer (0%)https://tokensniffer.com/token/eth/0x0f81001ef0a83ecce5ccebf63eb302c70a39a654I do always prefer on dealing with being renounced projects but still having no guarantee that you would be hitting up the right project. I have been fooled out how many times with these
shit projects. If you do able to pull out and make money on this one then it was a great call. It would be ideal that on the profit that you had made out then it would be wise on reverting it back
to those established and much more better investment with is on Bitcoin and with those top altcoins in the market.