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Topic: Investing in DEX Tokens - See What I Discovered (Read 134 times)

sr. member
Activity: 1708
Merit: 295
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Although I am not too invested in DEX tokens, I have done some research and feel that this market share will grow larger as crypto develops, but most of it will also be acquired from leading products, I personally love UNI since they generously airdropped it to users and became the leading DEX, so for me UNI is more than enough to invest in for all.

But in addition, there are also some ecosystems like SOL, ATOM, TON,... there will also be DEXs that develop at a rapid pace, but when it comes to investment, everything depends on each person's choice.
newbie
Activity: 32
Merit: 0
I see Bitget's Wallet native currency BWB as a potential one. This might be an opportunity for all those traders and investors who have missed BGB early days can accumulate it by participating in their launchpad session starting from 1st June till 6th June. BGB has shown great potential and the price has been increased incessantly from March to April.
hero member
Activity: 3024
Merit: 745
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I did a small study on DEX tokens as I considered various asset classes to pack up my portfolio. It became clear the cryptocurrency market is expanding rapidly, the DEX sector value above $25.99 billion, and offer a diverse range of assets. I checked nine dynamic DEX tokens – Uniswap (UNI), THORChain (RUNE), Jupiter (JUP), dYdX (DYDX), Synthetix (SNX), PancakeSwap (CAKE), Curve DAO (CRV), Loopring (LRC), and Injective (INJ). Their tokens have survived many market fluctuations providing investors with opportunities to diversify their portfolios with high-potential assets that could yield substantial returns.

While I think of Dex tokens to be sustainable, I'm looking at the possibility for the value of these tokens to make X2 or X3 in a short period since they are already consolidated. I'm also looking at Hiveswap (HIVP) which is relatively new and the token recently listed on several exchanges.
While it is possible for your to goal to be achieved with a x2 or x3 gain because we're on the actual season for altcoins might come any moment from now on. There are other DEX tokens that I have seen that didn't perform very well. So, I think that there's something to do with the market sentiment and where the traders and investors usually go with the hype. Like for Jupiter, it's with the SOL and that has been performing very well at the start of this year.

Guys, what do you look for if you wish to invest in any DEX token.
There is not that much difference with the rest of how they invest. It's all about liqudity and also the numbers.
legendary
Activity: 3178
Merit: 1054
you gonna be an early bird investor since it's just listed in one exchange. the only way to find out whether the dex can also stand the test of time is to stick around with the exchange til it fully matures. it still looks the same as the rest of the swap platform with its Defi system.

HIVP current price is 0.05USD. it already has a huge volume in Bitget. it says 892.37K good start.  https://cryptorank.io/price/hiveswap
jr. member
Activity: 263
Merit: 1
I did a small study on DEX tokens as I considered various asset classes to pack up my portfolio. It became clear the cryptocurrency market is expanding rapidly, the DEX sector value above $25.99 billion, and offer a diverse range of assets. I checked nine dynamic DEX tokens – Uniswap (UNI), THORChain (RUNE), Jupiter (JUP), dYdX (DYDX), Synthetix (SNX), PancakeSwap (CAKE), Curve DAO (CRV), Loopring (LRC), and Injective (INJ). Their tokens have survived many market fluctuations providing investors with opportunities to diversify their portfolios with high-potential assets that could yield substantial returns.

While I think of Dex tokens to be sustainable, I'm looking at the possibility for the value of these tokens to make X2 or X3 in a short period since they are already consolidated. I'm also looking at Hiveswap (HIVP) which is relatively new and the token recently listed on several exchanges.

Guys, what do you look for if you wish to invest in any DEX token.
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