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Price Prediction Of DODO Coin 2023, 2025, 2030, 2040, 2050

What is DODO Coin?

The DODO Coin project, a next-generation decentralized exchange (DEX), claims to offer 10x more liquidity than Uniswap. Since most existing AMM solutions do not deliver the desired liquidity, DODOEX, a major traditional platform, has researched these solutions. The proactive market maker algorithm, or PMM, has been introduced by DODO. As of right now, DODO is the first project to be built on PMM, which helps to stabilize the portfolio and reduce risk for LPs.

In order to assure pure on-chain and contract-fillable liquidity, DODO intends to become the next generation’s liquidity provider. But according to DODO, the current AMM algorithm is too simple and static to be effective over the long term. It is also not intuitive, intelligent, or responsive. So DODO made the decision to start their own project that can deal with real-time market fluctuations and liquidity restrictions in order to address this issue.

Projects like Uniswap, Balancer, and Curve have low fund utilisation rates and unstable rates, with just 1 to 2% of financing pools accessible at the ideal price and the rest of the market being underutilised. Although we are aware that the market is always changing, the sluggish updating of prices is caused by an unstable portfolio. AMM watched for trades by arbitrageurs that might delay or result in loss for LPs while changing pricing.

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DODO Coin Overview

Project nameDODO
Ticker SymbolDODO
Total Supply1,000,000,000
Based onDEX
Launched year2020
All-time high$0.065 USD
Exchange PlatformDODOEX

DODO Coin ICO Overview

Platform usedERC-20
Raised by$11,00,000 USD
Date of ICONA
ICO Price$0.05 USD

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DODO Coin Price analysis

According to a report released by DODO officials on September 20, 2020, the Exchange generates a daily volume of $10 million and has over $75 million in value locked as of this writing. The DODO governance token in the DODO ecosystem was also announced in the same article. Along with other autonomous organizations such as admin DAO, risk control DAO, and Earn DAO, DODO token is a component of the long-term vision. The DODO token owner will, however, assist them in being more involved in governance decisions and discussions. 60% of the 1 billion token total supply will be reserved for community rewards.

The DODO token was created with the intention of being initially frozen for a year before being gradually released over a two-year period. The DODO team has two investor rounds scheduled, a seed round and a private selling round. It initially raised $6 million in the seed round, then $10 million in the private sale. The price of the Seed Token was $0.01 per USD, but it increased to $0.05 during the private sale. It will be released after a six-month lockup period, and the other tokens will be issued over the course of a year. DODO is an Ethereum Blockchain-based Token based on ERC-20.

DODO will be offered on its own DEX platform in a variety of pairs, including DODO/USDT. The decentralized process was the only new form of token sale that DODO Coin offered. IDO will launch on September 29, 2020, and its pricing will start varying. Investors will benefit from a 0% transaction fee structure in this token offering.

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In the current competition between DeFi and DEX, several new ventures have been created, some of which have found quick success while others have failed. In order to modify the way that liquidity was provided, DODO Coin developed a brand-new algorithm, and investors began to take notice. DODO is on the verge of reaching a $100 million total volume worth in the token sale and LP. However, concentrating specifically on the primary issue with the current DEX, namely the price disparity between various assets that results in investor loss. Let’s hope DODO Coin can achieve what they envisioned and users would be able to easily get actual asset prices with no transaction fees, such as petrol costs.


Is DODO a Good investment?

Before you invest, conduct your own research since investing requires it.

How much will DODO coin be worth in 2040?

In 2040, our forecasting model projects that DODO will cost $1.59.

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Riya Kapoor

Riya Kapoor writes about lifestyle, entertainment, news and gadgets. She has been in this industry for almost 4 years now. She is a graduate from Delhi University with English Hons and had deep connection with writing since her childhood.

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