$DODOX
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Dodo is a decentralized exchange token on the last round of $BNB chain. As we all know, Binance tokens are usually quite good. At least there are active funds to hype the market.
Recently, it is the 4th anniversary of Dodo's establishment. Recently, the platform has launched a new Meme issuance platform. Cooperate with official activities. So the rebound performance in the past two days is also quite good
Dodox daily pressure is around 0.14 at Ema200, and the short-term support is 0.113-0.116
With good news and the rebound of the market, it can be used as a reference for short-term targets.
Here is a project introduction about Dodo:
DODO is a decentralized trading platform that uses an innovative proactive market maker (PMM) algorithm to provide efficient on-chain liquidity for Web3 assets, allowing everyone to conveniently issue and trade these assets. It provides competitive prices for DEX traders and reduces the non-permanent losses of liquidity providers. DODO also provides zero-threshold token creation and issuance, and supports multi-chain one-click token issuance.
Founded in 2020, DODO has now expanded to 16 mainnets, with a cumulative trading volume of more than US$170 billion, a cumulative number of transactions of more than 26 million, and a cumulative number of users of 3.8 million.
With the upcoming launch of DODOchain, DODO will transform into a core exchange on DODOchain, supported by advanced technologies such as Arbitrum, EigenLayer, and AltLayer. This strategic development will further enrich the trading experience, provide more incentives, and consolidate DODO's position in the field of decentralized finance.
In addition, DODO will also launch a Meme coin issuance and trading platform.
