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Author Topic: Dodo token a good buy for long term hold?  (Read 263 times)
MidNite36 (OP)
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March 30, 2022, 03:47:14 PM
 #1

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?
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March 30, 2022, 04:05:40 PM
 #2

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.



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March 30, 2022, 05:54:08 PM
 #3

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.



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March 30, 2022, 06:02:49 PM
 #4

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.

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March 30, 2022, 06:14:22 PM
 #5

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.

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March 30, 2022, 06:32:42 PM
 #6

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.









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March 30, 2022, 08:36:01 PM
 #7

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.

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March 30, 2022, 08:54:01 PM
 #8

$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.
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March 30, 2022, 09:53:53 PM
 #9

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.
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March 31, 2022, 01:06:16 AM
 #10

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.

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March 31, 2022, 02:22:45 AM
 #11

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.
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March 31, 2022, 02:28:37 AM
 #12

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


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March 31, 2022, 09:20:05 AM
 #13

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.

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March 31, 2022, 09:31:42 AM
 #14

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.

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March 31, 2022, 09:56:33 AM
 #15

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.

R


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March 31, 2022, 10:17:11 AM
 #16

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.

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March 31, 2022, 10:25:53 AM
 #17

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.

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March 31, 2022, 10:50:55 AM
 #18

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.

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DevFile90
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March 31, 2022, 11:04:20 AM
 #19

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.

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bittick
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March 31, 2022, 03:47:25 PM
 #20

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.

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