Dodo token a good buy for long term hold?

[Anonymous100]

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.

[ardydyon]

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

[koang]

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

[VRExpress]

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.

[Pterosaur]

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.

[arifteguhr]

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.

[Erumo]

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?

[bussybuddy]

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.

[el kaka22]

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.

[Pejoh Asu]

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%.

[fuguebtc]

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.

[Kunnu]

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.

[tbct_mt2]

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 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.

[traderethereum]

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.

[fvb]

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.

[$anounimus$]

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.

[koang]

~ ~ ~

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

[Japinat]

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.

[cvasy]

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.

[Ararbermas]

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!