Dodo token a good buy for long term hold?

[Frengki_cisco]

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.

[Ezravdb]

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

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.

[Tellek Garing]

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.

[sana54210]

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.

[makishart]

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.

[Erumo]

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.