The crypto market never fails to deliver uproars that give crypto users and investors a run for their money. The bearish effect of the market has pushed several cryptos into depressing prices, with some drawdowns at almost 100%.
Several crypto platforms and exchanges are not immune to this crypto winter as they face devasting liquidations and bankruptcy, with investors’ money vanishing into thin air. The recent FTX collapse propelled crypto users to check out its DEX, Serum.
This post provides trading insight into Serum and delivers a better investment-worthy crypto project – Dash 2 Trade, set for release soon to leading crypto exchange platforms. Keep reading to learn more!
Serum Tokens: Short It!
In the wake of the FTX hack, which resulted in filing for bankruptcy, Serum, a decentralized exchange built on the Solana network, was also compromised. This situation led its developers to work on forking Serum’s code, that is, copying the underlying code and starting afresh.
This fork first led to the $SRM price plummeting from 40 cents to 13 cents on Nov 13, making it one of the biggest cryptocurrency losers in the market. On Nov 14, $SRM tokens doubled in price after fork completion, and it is presently trading below $0.30 in the crypto market. However, $SRM is still a long shot away from its previous ATH of $13.72. Moreover, given FTX’s collapse, it may not get the needed momentum to attain higher prices.
The current market condition attests to the need for a crypto analytics platform to give investors the right call on when to invest or sell an asset before it becomes too late.
Thankfully, the Dash 2 Trade platform is coming to the rescue providing intriguing features that would improve the crypto trading experience among users and crypto investors. Let’s dive into the Dash 2 trade ecosystem.
Dash 2 Trade Overview
Dash 2 Trade is a crypto-based platform that provides practical crypto tools that crypto traders can utilize in developing market-beating strategies. The platform ensures that users take the best trading decisions by providing in-depth on-chain market data unavailable elsewhere.
Dash 2 Trade will implement a dashboard with essential features that crypto users can use to regularly improve their trades or investments.
Bespoke Scoring system for Crypto Presales and ICOs
It is known that crypto presales provide early investment opportunities to crypto investors before they go on public exchanges. Many cryptos like Ethereum and Binance Coin previously offered ICOs and are doing quite well in the market.
However, the crypto space can be filled with ICO scams, and investors could be exposed to such risks. Aware of the pros and cons of crypto ICOs, the D2T dashboard will implement a scoring system for upcoming ICOs for users to determine the legitimacy and worthiness of such presale tokens.
Strategy Builder and Backtester
The Dash 2 Trade platform encourages users to create independent trading strategies. However, if these strategies do not provide market gains, they won’t benefit users. Hence, Dash 2 Trade allows users to build effective market strategies that they can use to take better trades.
Users can access the D2T Strategy backtester, which enables them to test their strategies on past and current market data. This feature will allow users to test the profitability of their strategy before trading with real money.
On-Chain Analytics
Dash 2 Trade offers on-chain statistics on crypto tokens and wallet activities, monitoring whale movements throughout leading blockchain networks in real-time.
The platform can also flag large transactions from a private wallet to a crypto exchange which could indicate a sell-off, thus informing its users to short such an asset. If there is an incoming bullish momentum on a particular token, D2T also flags it for buying opportunities.
The Dash 2 Trade platform offers other features:
- Social trading, where users engage in trading competitions to earn D2T rewards
- Listing alerts of crypto coins on top-tier exchanges to capitalize on their significant price changes.
- Trading signals for users to access buy/sell opportunities in the market.
These trading tools and features provided by the D2T platform can significantly improve a trader’s journey despite the market’s sentiments and volatilities.
D2T Tokenomics and Dashboard Subscriptions
The D2T platform has a fixed supply of 1 billion $D2T tokens that is tax-less, eliminating the cost of entry or exiting the dash 2 trade ecosystem. The $D2T tokens are pivotal in accessing the D2T dashboard so that users will subscribe to the dashboard via the tokens.
While the D2T dashboard is open for public access, many features will require using the platform’s utility token, $D2T, to unlock them. There are three subscription tiers provided by Dash 2 Trade to determine access to the D2T metrics.
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Free Tier
Users on the free tier do not need to hold any D2T tokens and will have access to selected presale tokens and market/social metrics. However, they will not have access to the platform’s strategy builder, backtester, or other automated trading tools.
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Starter Tier
With a monthly subscription of 300 $D2T tokens, users can access advanced on-chain data. And essential insights into notable crypto ICOs and presales. They also get to enjoy access to a members-only discord channel to discuss metrics, automated trading tools, and the strategy-building and backtesting platform.
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Premium Tier
The premium tier provides access to all Dash 2 Trade features and tools. With a monthly subscription of 1,000 D2T (or 9,500 D2T yearly subscriptions), users will enjoy access to quarterly trading competitions, on-chain data, professional market indicators, and whale wallet alerts.
Premium users can enjoy live event streams which offer unrivaled access to D2T proprietary crypto trading insights.
Final Thoughts: Dash 2 Trade Presale
The crypto world yearns for an effective crypto analytics platform that can offer in-depth insights into crypto coins traded in the market. Dash 2 Trade is stepping up to provide the best and unparalleled analytics platforms with special tools discussed in this article
However, the $D2T token is needed to enjoy the Dash 2 Trade ecosystem and features. Hence, it is imperative for crypto traders and investors to get their hands on reasonable amounts of $D2T tokens available via the presale event at a lower price.
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