The current price of Bitcoin is $63,000. If a black swan is to happen, what background conditions are needed?
1. The US President is unexpectedly elected. Now the competition between Harris and Trump is very fierce. If a third person comes to power unexpectedly, it may cause turmoil.
2. The increase in US inflation will cause economic recession, and the status of the US dollar will be threatened, causing economic turmoil.
3. The US stock market crashes. The three major US stock indexes have been rising for a long time, and the three major indexes have entered a super cycle wave.
Combining these three points, there is still a possibility, but the probability is relatively low, so the probability of subsequent increases is still high. Now the altcoins are worth paying attention to, especially DODO, which has been rising fiercely recently.
A detailed interpretation of the decentralized financial project DODO.
DODO's products and functions
DODO has an anchor pool, which can quickly trade large amounts without affecting the price, reducing slippage. Another thing worth mentioning is the one-click coin issuance, which is also the most responded to function at present. This function enables users to issue coins without any development foundation.
The explosion of the Meme sector, DODO's multi-chain one-click coin issuance function and the upcoming Meme platform will definitely usher in a huge increase in traffic. With the popularity of Meme, there will definitely be countless project parties who want to eat meat, and DODO is about to launch the Meme issuance platform, which has unintentionally become the first choice. Simple and fast is what every project party and speculator wants.
What support can DODO's various functions bring to the development of BTCFi and Meme coins? For BTCFi assets, DODO's anchor pool can make transactions more stable and reduce the generation of slippage. For Meme coins, DODO's one-click coin issuance platform will bring a sharp increase in traffic to Meme coins and attract many people to participate in Meme transactions, and the liquidity pool can provide Meme with higher liquidity.
Compared with other DEXs, DODO has a lower market value and large institutional investment, which gives DODO the opportunity to have a second spring and also brings a lot of imagination space for Meme coins. At the same time, DODO also has greater development potential.
