Bitcoin once again hit the key support. The price has rebounded and has held up at $62,500. If it fails to hold up, the callback may have already begun, which will not be very friendly to those who are long, and short selling will take off.
Let's talk about DODO.
As a decentralized trading platform, DODO not only performs well in providing efficient on-chain liquidity through its unique market maker PMM algorithm, but also solves some problems of traditional decentralized exchanges (DEX). The core functions of DODO include many such as diversified liquidity pool selection, autonomous mining mechanism, crowdfunding pool construction and one-click coin issuance. These functions provide users with great autonomy and participation opportunities. In terms of asset management and token issuance, DODO is second to none.
2. With the outbreak of the Meme sector, DODO will see a sharp increase in traffic
DODO's one-click coin issuance function and the upcoming Meme platform will definitely usher in a surge 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 likes.
3. 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.
4. Compared with other DEXs, DODO has a lower market value and large institutional investment, which gives DODO the opportunity to rejuvenate its second spring, bringing a lot of imagination space for the development of Meme coins, and DODO also has greater development potential.
