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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: MidNite36 on March 30, 2022, 03:47:14 PM



Title: Dodo token a good buy for long term hold?
Post by: MidNite36 on March 30, 2022, 03:47:14 PM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?


Title: Re: Dodo token a good buy for long term hold?
Post by: lobo13hf on March 30, 2022, 04:05:40 PM
Is DoDo token a good one to hold for long term?
It's not even good token to hodl for long term and why? have you done a research before about how bad this token is? I meant the platform is nothing compared with another swap platform like sushi or pancakeswap. The daily trade volume of dodo was around 300 millions USD which was very low compared with another swap platform i.e pancake.


This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
Only stupid guy will be wasting his time to invest in a token that has no good progress. The price was going down so hard caused by it can't sustain for long term. You must also see the fact that if people prefer to use a popular swap platform like pancake.


Title: Re: Dodo token a good buy for long term hold?
Post by: tsaroz on March 30, 2022, 05:54:08 PM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?

Dodo surely does something most other dex don't. I've been to it several times, most often due to the user generated staking pools and the crowdpoolings. Can't guarantee anything but it could be a safe buy on such low price. Specially when dex have several platforms to grow. I haven't studied well about the benefits of holding its token but if it has significant meaning, I'd be buying it at that price.


Title: Re: Dodo token a good buy for long term hold?
Post by: $crypto$ on March 30, 2022, 06:02:49 PM
Dex DODO is ranked 13th on Coinmarketcap I don't fully see the development of Dex DODO but if the price drops drastically then I think it's a bad development, I know this is the base price that many investors are looking for, and waiting for it to return to ATH but try think again have you followed this project fully?
If you have confidence, then do it because you have researched it yourself, so I think if it goes up, that's the benefit you get.


Title: Re: Dodo token a good buy for long term hold?
Post by: Sterbens on March 30, 2022, 06:14:22 PM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
If you do have personal research on the Dodo token, this might have potential in the future. However, do not rule out important things, as the risk of investing in altcoins cannot guarantee a level of profit in a short time. Moreover, this Dodo token has touched ATH for the first time then it was discarded almost 85% and now its movement is shrinking to the bottom side.


Title: Re: Dodo token a good buy for long term hold?
Post by: MFahad on March 30, 2022, 06:32:42 PM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
I think yes Dodo will work and its good for long time. Now became of last bear market  every coins down. Some big coin like Dot,Xlm,trx are also far from Ath.
0.55$ is good for entry and i hope once market recover and all big coin start rising Dodo will also be one .
For now only some coina showing good movement like Wave,Gmt,Zil and soon other coins will follow the market.


Title: Re: Dodo token a good buy for long term hold?
Post by: Xal0lex on March 30, 2022, 08:36:01 PM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?

The price, after ATH, is almost back to the low values it had in 2020. In principle, it is possible to take a risk, if the full altcoin season starts now and many altcoins, which were losing their value in recent months, finally find a price bottom and turn around. But I wouldn't use this token as a long-term investment. For speculation, since it is now at the bottom, it could be used. In any case, DYOR.


Title: Re: Dodo token a good buy for long term hold?
Post by: jossiel on March 30, 2022, 08:54:01 PM
$6 was the ATH for this token and now it's very low.

The volume that this token is getting is from Binance and kucoin. I think as long as you know the ins and outs of this token and you're believing it.

You should only invest the amount that you afford to lose. I have seen this dex when it was very popular not until the food name dexchanges came, pancake/sushi.


Title: Re: Dodo token a good buy for long term hold?
Post by: Kelvinid on March 30, 2022, 09:53:53 PM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
It is very a good price to buy at a time when the market is down but there are several things you need to reconsider upon purchasing...

 * market potential - thinking for granted that if we buy today we can assure that the price will increase in the future
 * exchanges - listed in know exchangers is quite an advantage and for us, we can easily make a trade of it in case we need.
 * lastly, not created for hype - well, thinking in this situation, losing it is near possible especially if we don't monitor the trend closely.


Title: Re: Dodo token a good buy for long term hold?
Post by: adzino on March 31, 2022, 01:06:16 AM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
Never hear of Dodo token. Just because it has a DEX doesn't mean it is a good token. There are many shitcoin or tokens with DEX. They are still considered a shitcoin.
Why did the price go so high? And why did it drop? Was it because of a hype the price when that high? Did the price crash a lot because the hype was over? Then in this case, I would suggest you to not invest in tokens like this whose price depends on the hype.


Title: Re: Dodo token a good buy for long term hold?
Post by: kojektea on March 31, 2022, 02:22:45 AM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
I think Dodo is perfect for the long run.
Judging from Dodo's long history of launching, it puts him on par with major DeFis like Uniswap and Pancakeswap.
But maybe Dodo is not very well known or the Dodo trend is getting saturated, they are still growing well I saw it on their twitter,
If it is invested for the long term I believe this is the best but it looks like the price has now gone up more than 11 percent, but it's not problem if bought for long term.


Title: Re: Dodo token a good buy for long term hold?
Post by: dansus021 on March 31, 2022, 02:28:37 AM
its always depend on you, if you are seeing this DODo was good go ahead but for longterm i would prefer top 5 cryptomarketcap.

in my opinion dodo is worth to watch i personally using this app very frequent for swapping the system is finding the best price accross multiple dex so if u familiar with 1nch router dodo had similiar one and second dodo is launched by binance labs if i dont mistaken and as you can see that binance is always looking good coin/token and the third according the website is multichain and

have $54B all time volume 10.95M total transcation almost 1.5M of user



Title: Re: Dodo token a good buy for long term hold?
Post by: asriloni on March 31, 2022, 09:20:05 AM
This is a good token to be used as a small bet for the long term. The popularity of dodo swap was not so big like pancakeswap. This is another option for the pancakeswap. Talking about the potential owned by this token and yeah it doesn't seem good at this moment with so many innovation launched on pancake swap and this is making this swap service will become an outdated swap platform for long term.
It has been dropping a lot and do you know that? that means if dodo can't even sustain its price to be stable at this moment.
I think that if you can find another option rather than use this token as your investment.


Title: Re: Dodo token a good buy for long term hold?
Post by: Erumo on March 31, 2022, 09:31:42 AM
Where do you even find these "gems" ? Never heard of Dodo before.

Lets take a look on what DODO is. Another dex and DODO is a token that allows to save on trading fees. Not really an impressive bonus, as DODO dex is not the most popular right now. Holders hope that dex will develop, but what else or new can this dex add, what others dont have? Cant think of something special. I dont think that tokens price would increase with time, as dodo competitors will also develop and their tokens value would also grow. It will be a race of balance, where if one gains, other gains the same.


Title: Re: Dodo token a good buy for long term hold?
Post by: MAAManda on March 31, 2022, 09:56:33 AM
This token is almost 100% price drop. From $8.51 and now only around $0.55, this should be an opportunity to buy below in my opinion, but for long-term investment, I will not choose this token, because there are many other tokens that have more potential for the long term, say just like UNI, SUSHI or even CAKE. FYI, This token has several well-known backers, such as Coinbase Venture Capital, Pantera Capital and Alameda Research.


Title: Re: Dodo token a good buy for long term hold?
Post by: JeffBrad12 on March 31, 2022, 10:17:11 AM
DODO is a good one but not for long term investment even when the chart looks like at the bottom for now. It seems like the dodo token is starting to break out right now. It can be seen from the daily trade volume of dodo token that is increasing a lot too. This can become the right time to buy this. You can use this for short term and i prefer to take dodo as the next token that will be pumped so hard. You must be careful as the pump is incoming.

Let's see how this dodo token will be going on. Im sure that break out will happen very soon. It seems that people are also preparing to pump this token.
Yes for short but no for long.


Title: Re: Dodo token a good buy for long term hold?
Post by: Adbitco on March 31, 2022, 10:25:53 AM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?

If the price could move from $7 as ATH to $0.55 then there is no potential on the token unlike any other swap token that has a price stability and sustainability, secondly i have never traded over there and i would advice you to invest in well known swap such as UNI, Pancake and others they are good for long term holding instead of DODO.


Title: Re: Dodo token a good buy for long term hold?
Post by: asyakashi on March 31, 2022, 10:50:55 AM
I know DODO is a medium tier exchange which is pretty good to use but not very popular with the community.
I'm not a DODO fan but I'll try to help review, DODO is a decentralized exchange and DeFi can compete with other DeFi.
However, the DODO Project has recently experienced a decline from its ATH of $7 to now only $0.55.
In the long term it seems quite profitable because it is very far from ATH, and the DeFi trend is still good enough to be an investment, it is possible that in the future DODO will explode.


Title: Re: Dodo token a good buy for long term hold?
Post by: DevFile90 on March 31, 2022, 11:04:20 AM
We've seen good altcoins losing massive amounts of their value over time and this still doesn't stop the project from growing big later, you can't judge the future performance of a token base on today's price per token. DoDo looks good and those saying otherwise have been disappointed because this project failed to bring their dream into reality.


Title: Re: Dodo token a good buy for long term hold?
Post by: bittick on March 31, 2022, 03:47:25 PM
this one dex seems have been appearing a lot in listing some of the newer altcoins that could be a good sign and prove that this altcoin could be having great return of investment in the future.
but i’d still stick with altcoins in term of exchange altcoins that are coming from rather centralized exchange considering that these usually have direct price change by the performance of the exchange itself unlike any decentralized exchange altcoins that usually have relatively weak relation with the performance of the dex itself since as you know it’s dex, it usually never made any breakthrough in listing, etc because they could literally list any altcoins that are compatible within their platform. take it with grain of salts because just my 2 cents. This token was a good token for short - mid term investment.


Title: Re: Dodo token a good buy for long term hold?
Post by: Anonymous100 on March 31, 2022, 05:20:47 PM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?

Will the price of Dodo stay at 0.5? I think this token will be much lower compared to the current price.
But if you buy and hold for the long term, you may still have a chance to make a profit. However, Dex's competition is currently very high. Most of the platforms developed now are Dex platforms.


Title: Re: Dodo token a good buy for long term hold?
Post by: ardydyon on April 01, 2022, 12:03:26 AM
for current conditions you should just trade for dodo. because of the current unstable market conditions.
potentially dodo is very good in the future because it has its own token, nft, and market. so they can build their own identity.
This token has good potential in the future. if you want to hold is also good because right now they are at their lowest price.
hold now until dodo exceeds ath 7$. I think this is good too


Title: Re: Dodo token a good buy for long term hold?
Post by: koang on April 01, 2022, 06:18:35 AM
DODO hit ATH $8,38 (CoinGecko) in February 2021. Since then, the price has declined.
The launching of DODO v2 added more functions to the DODO tokens besides its governance power.
But like other governance tokens, the price will increase as users grow.
Personally, in the long term. I prefer to hold Cake or UNI. IMO


Title: Re: Dodo token a good buy for long term hold?
Post by: VRExpress on April 01, 2022, 06:26:50 AM
DODO hit ATH $8,38 (CoinGecko) in February 2021. Since then, the price has declined.
The launching of DODO v2 added more functions to the DODO tokens besides its governance power.
But like other governance tokens, the price will increase as users grow.
Personally, in the long term. I prefer to hold Cake or UNI. IMO

So every coin or token that decline in price are bad? Just because DODO failed to reach its ATH for now doesn't mean its the end for this dex platform, this dex is still new and their long term plan isn't bad at all, with constant updates they will get better.


Title: Re: Dodo token a good buy for long term hold?
Post by: Pterosaur on April 01, 2022, 07:50:22 AM
BSW ( Biswap ) is better than DODO and the price will increase better than DODO due to better popularity but DODO isn't bad either but the team need better marketing and a new strategy to attract more investors.


Title: Re: Dodo token a good buy for long term hold?
Post by: arifteguhr on April 01, 2022, 08:49:53 AM
Will the price of Dodo stay at 0.5? I think this token will be much lower compared to the current price.
But if you buy and hold for the long term, you may still have a chance to make a profit. However, Dex's competition is currently very high. Most of the platforms developed now are Dex platforms.
Dodo has also developed its own Dex and has also been used by some people who like to swap their tokens, but considering the competition, I think Dodo will still lose when compared to Cake.
This is why Pancake will still remain famous while Dodo will have to fight even harder for its competition.


Title: Re: Dodo token a good buy for long term hold?
Post by: Erumo on April 01, 2022, 09:39:41 AM
It was always a mystery to me why someone that creates or develops something that was already created. We have Univswap. OK, they are Ethereum oriented. We have pancakeswap, they are best solution for BSC token swaps. And we have dodo, that users will use for. Users wont use it, they will use top swaps instead of dodo. Or do you think I am wrong? They why all exchanges fail, when we have Binance?


Title: Re: Dodo token a good buy for long term hold?
Post by: bussybuddy on April 01, 2022, 09:42:45 AM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
I am not too interested in this coin, but in general, the ecosystem it is creating is quite good. Looking at its value, I am not sure when ATH will be confirmed. What? If we can understand more about its plans in the near future, I think we will have a more objective view in general. Currently, all developments are still dependent on the status of BTC.


Title: Re: Dodo token a good buy for long term hold?
Post by: el kaka22 on April 01, 2022, 10:03:14 PM
I have to say if you are looking for long term investment, then it is better to invest into top coins and tokens. I do not find things that are outside of top 10 or max top 20 to be long term great and probably even half of those as well. It just doesn't make sense to me to invest a good chunk of money for long term (meaning many years) on something called "dodo token", I mean isn't it obvious that it would not be a long term project?

Hence, we are looking for something a lot more decent these days, doesn't mean that it can't go up at all, there is always a chance that it could be higher in the long run but does it really worth the risk? I do not believe so.


Title: Re: Dodo token a good buy for long term hold?
Post by: Pejoh Asu on April 02, 2022, 04:45:19 AM
I invested in Dodo Token for almost a year and will continue to hold it until the profit target that I target is achieved, there is no doubt that Dodo token is a fast growing token and is supported by DEX itself so that it will continue to grow like a Pancake swap, and happy because today Dodo rose more than 18%.


Title: Re: Dodo token a good buy for long term hold?
Post by: fuguebtc on April 02, 2022, 05:10:56 AM
I invested in Dodo Token for almost a year and will continue to hold it until the profit target that I target is achieved, there is no doubt that Dodo token is a fast growing token and is supported by DEX itself so that it will continue to grow like a Pancake swap, and happy because today Dodo rose more than 18%.

Look at the current chart of DODO trading at $0.6 and the old ATH of DODO is 7$. IMO, this is the right time for us to buy DODO, my short term target is $0.9 and long term target is $1.5. This is a potential and investable token, but always invest with the amount you are willing to lose and absolutely do not go all in.

https://i.imgur.com/F0xxoQS.jpg


Title: Re: Dodo token a good buy for long term hold?
Post by: Kunnu on April 02, 2022, 06:43:28 AM
As we can see this token is losing its value from its beginning which obviously indicates its poor performance although dodo is available to trade on some big exchanges that's why it's still surviving in the market personally I don't prefer to invest in this token because somewhere I think its unpredictable future may be worthless so it's better to avoid this shit token which doesn't seem to have a bright future whatsoever.


Title: Re: Dodo token a good buy for long term hold?
Post by: tbct_mt2 on April 02, 2022, 06:46:28 AM
DODO is a good token to hold because it is a good DEX. Trading volume is good which is over $250,000. In addition, today price is 1/10 of its all time high. Even $DODO (https://coinmarketcap.com/currencies/dodo/) price today is over 18% increase from yesterday price.

x2 or x3 from today price is very possible, in mid term. Will $DODO return to its all time high, I believe it will but don't know when.


Title: Re: Dodo token a good buy for long term hold?
Post by: traderethereum on April 02, 2022, 07:30:51 AM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
You can buy it now and hold it for some time but no one will know if Dodo token is a good one to hold for the long term.
Instead of holding Dodo token, you can buy and hold bitcoin for the long term and that is the best coin ever you can buy right now.
But if you consider Dodo token is now at a low price, you can consider taking a look at CRO or other low price coins.
But all coins on the market will have their risk, even bitcoin.
So you need to think about that before investing in any coins.


Title: Re: Dodo token a good buy for long term hold?
Post by: fvb on April 02, 2022, 07:36:27 AM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
I think that with the growth of the market, the price of this token will also grow, and now you can invest, for example, five hundred dollars for verification. After all, if he gives three x, you can already feel the profit. But this is my opinion and the choice is still yours. So it's up to everyone to invest or not. Another thing is that there are more popular platforms and they look more attractive than the one you presented.


Title: Re: Dodo token a good buy for long term hold?
Post by: $anounimus$ on April 02, 2022, 08:00:56 AM
In my opinion, To enter Dodo at the price you mentioned above, why not, you can get Dodo at a discounted price, but if you look at current market conditions, alt coin fundamentals no matter how good the price is destroyed when bitcoin falls and those who hold it are sad to see it. So it's important to do a little study and review for Dodo or others if you want to invest, so you don't run out of time.


Title: Re: Dodo token a good buy for long term hold?
Post by: koang on April 02, 2022, 08:49:58 AM
~ ~ ~
So every coin or token that decline in price are bad? Just because DODO failed to reach its ATH for now doesn't mean its the end for this dex platform, this dex is still new and their long term plan isn't bad at all, with constant updates they will get better.

I don't say DODO is a bad project, please read carefully...
What I mean is, in the long term I prefer to hold governance tokens that have faster growth.
Check top DEX on Coingecko


Title: Re: Dodo token a good buy for long term hold?
Post by: Japinat on April 02, 2022, 09:02:27 AM
Looking at the current price, this is really an opportunity.

DYOR, if you believe that this project will recover and would create its ATH, then why not risk buying at the current price.
You know, no one could tell what the future of the project will be, we all take risk but make sure it's a calculated risk.


Title: Re: Dodo token a good buy for long term hold?
Post by: cvasy on April 02, 2022, 09:08:22 AM
I don't say DODO is a bad project, please read carefully...
What I mean is, in the long term I prefer to hold governance tokens that have faster growth.
Check top DEX on Coingecko
In general, a lot of bad things and the project is going on now, but if to choose a token whose exchange is Dex, I think there are still many with the same.
And obviously for now I personally prefer Uniswap, Pancakeswap and Biswap because the three of them clearly have very good ratings for now.


Title: Re: Dodo token a good buy for long term hold?
Post by: Ararbermas on April 02, 2022, 09:23:36 AM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
probably yes it's a good time to buy now while the price is at the very low level and infact its up now by 12%,  but a friendly reminder mate dont expect too much in it, i mean don't wait for it to reach the ATH and you keep holding for long term because since it's an alts i could say it's not reliable to hold and quite skeptical for long term..

Make technical analysis and set a target, probably that would be a great idea to don't miss the opportunity to sell at the right time. Just be practical!


Title: Re: Dodo token a good buy for long term hold?
Post by: Frengki_cisco on April 02, 2022, 10:10:37 AM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy now or what do you think?
From the start DODO coin does look good, from the price of $0.062 it has touched the price of $8.5, if you look at today's prices and supply, I hesitate to say in the future dodo is a good coin to invest.

But if dodo's team and founders work harder and earn the trust of investors, to reach a price like they once was $8 is very likely, for that from my point of view the team is less than excited for it.


Title: Re: Dodo token a good buy for long term hold?
Post by: Ezravdb on April 02, 2022, 10:20:32 AM
From the start DODO coin does look good, from the price of $0.062 it has touched the price of $8.5, if you look at today's prices and supply, I hesitate to say in the future dodo is a good coin to invest.
If you look at the price developments and the Dodo Dex that has been running, the potential has not been lost and will still be there for the future although some people still doubt Dodo because there are more other Dex that are better at this time, but in general Dodo is still very good also at this time

Quote
But if dodo's team and founders work harder and earn the trust of investors, to reach a price like they once was $8 is very likely, for that from my point of view the team is less than excited for it.
For the spirit may still be there, it's just that the consistency has decreased so they don't look like hard workers who are always trying to build every product they already have at this point.


Title: Re: Dodo token a good buy for long term hold?
Post by: Tellek Garing on April 02, 2022, 11:50:36 AM
Is DoDo token a good one to hold for long term? This dex have been on my mind for a long time now, its ATH was 7$ and now its trading at 0.55$ I believe its a good price to buy or what do you think?
Checking the token chart I discovered the token is not a good token to hold as its price can easily be pumped with a high possibility of a team making an exit scam at any moment, I don't have faith in a token that once rises to as high as $7 and then after few weeks in now trading below $1 and no signs of recovery soon.

Just be wise and choose carefully don't hold for long but if the market is highly volatile then kt is best for holding.


Title: Re: Dodo token a good buy for long term hold?
Post by: sana54210 on April 02, 2022, 04:45:08 PM
every coin or token that decline in price are bad? Just because DODO failed to reach its ATH for now doesn't mean its the end for this dex platform, this dex is still new and their long term plan isn't bad at all, with constant updates they will get better.
I don't say DODO is a bad project, please read carefully...
What I mean is, in the long term I prefer to hold governance tokens that have faster growth.
Check top DEX on Coingecko
I can say it for you, dodo is a bad token. There are things in life where I know where to draw the line and when a project has "creators" that are still active and making it centralized and with absolutely no governance by the people, that means that we are basically investing into someone's money.

I could create my own token, why not invest into that? We could all get together and buy my token, let's do that! Of course, we won't, why would you do that, that is the same for dodo token for me. Some X person created their own money and asked everyone to invest into it, which makes zero sense at all. This is why I wouldn't invest into dodo token at all.


Title: Re: Dodo token a good buy for long term hold?
Post by: makishart on April 02, 2022, 05:33:56 PM
Good token listed on major exchange site as well but lack of users. The potential looks so big as this is also a cross chain swap platform. i just wanna call this for long term if you can be patient waiting for next years from now but if you cant then remove this from your list of assets thst worth to buy. i dont know why the volume must be divided. i do know that this swap service operated in some big blockchains but it must not be separated on cmc.


Title: Re: Dodo token a good buy for long term hold?
Post by: Erumo on April 02, 2022, 06:23:40 PM
Isnt then every altcoin can be counted as a good long term investment? Buy and wait until you get profit? I am against calling a good long term investment, because the project is not unique. I would understand if a project offer smth new, then there is use waiting and holding. But that is another swap.