Decentralized exchanges always make the news since they are the hub that helps connect multiple crypto enthusiasts from across the world. They are admired for their ease of use but have recently become very inefficient. Many more popular options, like Binance and OKX, have many of these issues, and traders are having to look elsewhere.
They may not have to search for long as a new DEX, Fezoo, is bursting into the scene. According to many sources, it promises much and has promise. We examine the project in light of the upcoming halving and interest from Cosmos and Bittensor investors.
Bitcoin halving gets investors excited
With Bitcoin’s halving only four days away, investors are getting excited again. The massive event has been anticipated for quite some time, and according to many sources, it should shoot up the price of Bitcoin.
Investors will need this rally for Bitcoin to touch the $70K price again. While expectations have had to be reevaluated and reset many times, there is still much optimism. Yet, Bitcoin may not be the only token that experiences immense gains following the halving. Many altcoins are expected to have good progress post-halving. Fezoo may be one of these options.
Cosmos investors moving to Fezoo
Cosmos is a decentralized protocol offering an ecosystem of connected blockchains. It allows various unrelated blockchains to interact and facilitate smart contracts. Cosmos is now at $8.33 following a positive last 24 hours.
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It is 24% worse off than seven days ago and trails by 40% compared to 30 days ago. Despite some positives, Cosmos Investors are weighing their options. Their priorities seem to be good returns within the next six months. With forecasts suggesting further declines for Cosmos, this trend could continue for a while.
Bittensor transactions blown, many tokens still admired
Bittensor is an open-source protocol that pushes for a pure market for artificial intelligence. It offers a trustless and transparent ecosystem. Bittensor has recently seen a massive increase in transactions in its ecosystem.
It is unclear what could be driving this, but it could be good news for Bittensor. This hasn’t quite translated to a price increase but it could be a step in that direction. Bittensor is worth $635.24 per unit as of press time and is expected to push up. However, investors are still looking at alternatives like Fezoo, where profits can be put to good use.
Fezoo hype goes up
Fezoo is a decentralized crypto exchange that fixes many of the industry’s current problems. For one, It is built to be accessible to users worldwide. It stays true to this mandate by scrapping KYC procedures, which often block users from certain areas. This change also allows Fezoo to offer complete privacy to its users.
In addition, Fezoo offers competitively lower fees and a unique and transparent user experience. Various cryptos and pairs are available on the platform, and users can either buy, sell, or trade them or provide liquidity in exchange for passive income. Fezoo also enables efficient trading through trading bots that assist users.
Fezoo is selling for $0.013 per unit in this stage of its presale. This low price allows various investors to obtain the token. Investors can buy Fezoo by signing up on the Fezoo website. All presale investors earn back some of the profits the platform makes, so buying early has more benefits.
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The Fezoo Coin (FEZ) presale is discussed in detail on the website here.
Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.
