DODO, a prominent player in the decentralized trading sphere, is set to revolutionize multi-chain transactions with the introduction of
DODOchain. They continue to defy the shrinking trade volume trend in the DeX industry. This innovative coin has been adopted in a series of new collaborations, including a partnership with
BLVD United aimed at enhancing fan engagement and biotech creativity.
Binance announced a $90K DODO token airdrop for Web3 wallet users, signalling continued support from industry leaders.
A significant surge in DODO value was observed following BASE blockchain's deployment, while PayPal launched PYUSD, a dollar-backed stablecoin, on Ethereum. However, DODO did face security challenges. The DEX was hacked, losing $3.8M but surprisingly, this only led to a minimal 2% fall in token price. The company quickly rebounded and disclosed major updates to its tokenomics model in the Version 2 Upgrade.
A sophisticated and relentless approach to improving liquidity efficiency in
DeFi has placed DODO in high regard. As faith in centralized crypto platforms dwindle, DEXs are steadily claiming more market share. Noteworthy too, is
NEAR's choice of DODO as its preferred DEX and the launch of $7.5M incentives with backing from Proximity Labs. In forecasts, some predict DODO prices to breach the $1 mark by 2023, with a possibility of a sharp rise after breaking over $1.50.
DODO Coin News Analytics from Thu, 14 Feb 2013 08:00:00 GMT to Thu, 27 Jun 2024 17:17:47 GMT -
Rating 8
- Innovation 9
- Information 8
- Rumor -2
