Future of tokens like Uniswap, Pancakeswap, Sushiswap, Apeswap?

[OcTradism]

Probably yes. The dexes are the strenght of decentralization on defi projects. Without them the altcoin markets will be doomed. As far as I can see, the problem here isnt them but the community has been wrecked by previous landslide dumps last bull run.

Many scam tokens rely on decentralized exchanges for their trades. They don't want to spend capital for centralized exchanges to list their tokens. However, decentralized exchanges actually show that they have power to free projects, communities from centralized exchanges and don't t have spend ridiculous high listing fee for centralized exchanges.

Why do we need CEXs if DEXs can work just fine?

I do not think so, because the period in which *Decentralized finance (aka DeFi) * witnessed growth was the period in which there was a lot of free money and the investment did not generate a lot of money, for example the interest was closer to zero, but now conditions have changed a lot and deposits in banks are safe and provide a serious return.

Also, the regulations that force the platforms to stop staking and generate free money for customers will put severe pressure on these projects, given that they are centralized at a point, and the pressure will generate people’s distancing from those investments.

There are and will be more attacks on decentralized exchanges. Just like attacks on Peer-to-Peer marketplaces to force them closing their services down like LocalBitcoin, LocalCrypto, Paxful latest months.

Because most of decentralized exchanges have public founders and core team members, they are not actually decentralized. They can be shut down by governments if they request founders to do that. Facing with risk to be put in jail, founders will choose things to make their life better after earning enough from years of their DEX operations.

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[StarKay]

With collapses of Terra, DeFi 2.0 model shows their weakness and do you think those tokens will be recover to their all time highs in 2024 bull run?

You talked about 2024 bull run like you are so sure of one, yes Bitcoin and Ethereum with few other altcoins are on a bullish run but most altcoins are actually near their all-time low, let's hope there will be one though.

Out of the tokens you listed, Uniswap to me is the most likely to recover but I don't see it reaching the all time high again based on current trends. The competition is growing and the operating environment has also changed.

[Xal0lex]

I like the way Uniswap is developing, at some points its trading volume already exceeds that of the centralized exchanges. I fully support this development of decentralized exchanges. But at the same time I absolutely do not support DEXs like Pancakeswap. They are breeding grounds for scam and all sorts of fake tokens. We need to do something about it, otherwise with the abundance of such sites cryptocurrencies will continue to be associated with scam and distrust.

It was due to the hype at the beginning that Uniswap DEX was able to reach the highest point with its volume, even I am not sure about the future because there will be many rivals that will occur but it is the trend that has destroyed their token at its lowest point.

Damn Pancakeswap is a place where shit coins are there all obviously this is still happening today there are even tokens that cannot be sold or withdraw liquidity to the point of being rugpull.
Indeed Pancakeswap is a hotbed of junk tokens.

Uniswap is developing and it does have some regulation rules, so there are not so many questionable tokens that sometimes live for days or weeks. I noticed that the increased interest in decentralized platforms comes after centralized exchanges start to have some problems. The crypto community wanted DEXs to be a full-fledged replacement for centralized exchanges, and it turns out that DEXs have become a kind of lifeline for those who want to use cryptocurrencies in times of market turmoil and FUD.

[MAAManda]

Those projects looks strong enough to bounce back on the next cycle. None of them have stopped right? I think we should also consider how regulators view all these staking platforms and their native tokens. It could cause a huge crash if they classify them as unregistered securities and sue any of them that accepts investors pr traders from the US.

I agree with you, the projects that OP mentioned are strong projects from a fundamental standpoint. So, there's no doubt those projects will regain some value in the next bull-run. Especially Uniswap and Pancakeswap which have become mainstream DeFi platforms for the respective ETH and BSC networks. But for ApeSwap or 1inch I'm a little doubtful about them, let's see what will happen when the Bitcoin halving occurs which is predicted to be a bull-run point.

[fvb]

Perhaps they will return to their previous price, or maybe they will grow even more. Much depends on how users will use the platforms. If they are in demand in the future and are popular, then everything can be in favor of raising the price. I personally use these platforms often.

[yhiaali3]

Personally, I don't see much hope for them, since several years have passed since the establishment of these large platforms, and yet their tokens still have a low market price.

They have already given their best and I do not think there is more that can be offered, despite all this we do not witness strong increases in the price, but I hope to see them in the next bull making great gains because they are really good platforms.

[AmoreJaz]

Personally, I don't see much hope for them, since several years have passed since the establishment of these large platforms, and yet their tokens still have a low market price.

They have already given their best and I do not think there is more that can be offered, despite all this we do not witness strong increases in the price, but I hope to see them in the next bull making great gains because they are really good platforms.

unless, they will innovate their services and will come up to an improvement of their services. but seems that they already plateaud their services. if we won't hear any new products or ideas, i guess, they will also be forgotten by the crypto community. but so far, they still have market because some users are still using the DEXs platform.
if you are an investor in this market, better get out from this type of token. you have better assurance when you go to BTC or ETH.

[bitkanu]

they are doing fine honestly, you see even uniswap has consistently become the number one gas guzzlers in ethereum blockchain despite the fact that even using their swap platform requires tremendous gas for fee alone.
I'd say the fact that their token is rather stuck or stagnant is definitely should be a concern but honestly these tokens in general are just waiting for next bullrun.

[Luffygroove]

What about moving on to the new hype? DEXs and DeFi were already overused; we need something new. What about hybrid exchange? which combine the strengths of both CEX and DEX. I'm wondering why this kind of exchange is still in hibernation. They've been developed for better trading experiences, but none of these exchanges has been hyped, even since the downfall of many CEXs and DEFIs. Do you think there's any chance the hybrid exchange will take over in the future? I personally believe that with the right marketing at the right time, it could also blow up.

[LogitechMouse]

I like the way Uniswap is developing, at some points its trading volume already exceeds that of the centralized exchanges. I fully support this development of decentralized exchanges. But at the same time I absolutely do not support DEXs like Pancakeswap. They are breeding grounds for scam and all sorts of fake tokens. We need to do something about it, otherwise with the abundance of such sites cryptocurrencies will continue to be associated with scam and distrust.

It was due to the hype at the beginning that Uniswap DEX was able to reach the highest point with its volume, even I am not sure about the future because there will be many rivals that will occur but it is the trend that has destroyed their token at its lowest point.

Damn Pancakeswap is a place where shit coins are there all obviously this is still happening today there are even tokens that cannot be sold or withdraw liquidity to the point of being rugpull.
Indeed Pancakeswap is a hotbed of junk tokens.

I did hold some CAKE tokens for quite some time, and ended up as a loss. A bit disappointed at myself because of my wrong choice of investments, but it is what is.

I think there are many people who already observed this kind of thing that there are many scams coins that are being created not only on Pancakeswap, but on different DeFi Exchanges. This is also the reason why developers, and other people are sharing their token address whenever somebody ask because that's their only way for them to prevent others from getting scammed. Unfortunately, there are still people who are getting scammed, because they aren't asking sometimes.

Overall, I don't like DEX'es either because of the fact that many scam coins, dead projects, and abandoned projects are there. Maybe the only DeFi that will survive, and will see another bull run is Uniswap.

[SUPERSAIAN]

I like the way Uniswap is developing, at some points its trading volume already exceeds that of the centralized exchanges. I fully support this development of decentralized exchanges. But at the same time I absolutely do not support DEXs like Pancakeswap. They are breeding grounds for scam and all sorts of fake tokens. We need to do something about it, otherwise with the abundance of such sites cryptocurrencies will continue to be associated with scam and distrust.

It was due to the hype at the beginning that Uniswap DEX was able to reach the highest point with its volume, even I am not sure about the future because there will be many rivals that will occur but it is the trend that has destroyed their token at its lowest point.

Damn Pancakeswap is a place where shit coins are there all obviously this is still happening today there are even tokens that cannot be sold or withdraw liquidity to the point of being rugpull.
Indeed Pancakeswap is a hotbed of junk tokens.

I did hold some CAKE tokens for quite some time, and ended up as a loss. A bit disappointed at myself because of my wrong choice of investments, but it is what is.

I think there are many people who already observed this kind of thing that there are many scams coins that are being created not only on Pancakeswap, but on different DeFi Exchanges. This is also the reason why developers, and other people are sharing their token address whenever somebody ask because that's their only way for them to prevent others from getting scammed. Unfortunately, there are still people who are getting scammed, because they aren't asking sometimes.

Overall, I don't like DEX'es either because of the fact that many scam coins, dead projects, and abandoned projects are there. Maybe the only DeFi that will survive, and will see another bull run is Uniswap.

I'm a little distant for pancakeswap dex. I think they can be successful on the one hand. But if the between them have a dex that will succeed, will be Uniswap. At this point, it will be important how they will develop a dex that makes a lot of volume in Cake daily. I would say it has potential. They hasn't been able to top out 4 dollars since it crashed in price.

[gurunanakji777]

In my opinion, despite experiencing a significant drop in value, all of these projects are still strong and have the potential to recover in the next bull run. During the last bull run, meme coins such as Shiba Inu were very popular, but it remains to be seen which coins will have high demand in the next bull run. Meme coins, like Shiba Inu, are still in demand. While it's impossible to predict whether these coins will reach their all-time highs again, I believe that they have the potential to bounce back. However, this depends on the conditions of the bull market.

[Inspiron14]

the future of the DEX token can indeed be considered very risky because if the DEX experiences a hacker attack or something,
then it is certain that the token and the platform will be completely shunned,
and reportedly Sushiswap is currently being attacked by a hacker and look at the price of sushi now which has decreased.

[poodle63]

I'd say it's gonna be rather stagnant, there are quite literally so many swap platform these days that I think these token owned by these swap platform are a little bit irrelevant.
honestly, with the appearance of new swap platform linear with the release of many L2 it's gonna reduce value of their tokens.

[OcTradism]

I did hold some CAKE tokens for quite some time, and ended up as a loss. A bit disappointed at myself because of my wrong choice of investments, but it is what is

PancakeSwap have good strategy to reduce their total supply by Buying back and Burn quarterly. In bear market, people look to forget about that program but when quantity accumulate enough, it will change in quality and make noise on the market. $CAKE will do rally in a next bull run and next altcoin season.

Overall, I don't like DEX'es either because of the fact that many scam coins, dead projects, and abandoned projects are there. Maybe the only DeFi that will survive, and will see another bull run is Uniswap.

Before Uniswap, Pancakeswap, Sushiswap, 1inch and growths of DeFi exchanges since 2020 bull market, there are other ways for scam coins to be created and listed on centralized exchannges. Before that we have EtherDelta, CryptoBridge exchanges too and generally we can not blame those DEXs are fully responsible for scam projects. Investors and traders themselves are responsible for their choices like why did they choose those shit coins but did not choose Bitcoin.

[RussianEnglishTranslation]

I am bullish on Pancakeswap but even more bullish on Q Blockchain, which has a built in digital ID, DeFi, staking, escrow and more, which means integrated DeFi is much safer because it is developed by the core team. Also, Q has Q ID, which means users and developers can be doxxed, which prevents hacks and exit scams.

[Strongkored]

With collapses of Terra, DeFi 2.0 model shows their weakness and do you think those tokens will be recover to their all time highs in 2024 bull run?

I doubt these coins will be able to surpass their highs in 2021, on average these coins have lost 80% more than their last ATH, and I think what happened in 2021 to these coins was the hype that caused them to be overpriced so that in -the next year will only be profitable for early investors and those who buy now, but those who bought at the highs will be stuck there, and it is best to sell at a loss, rather than money sitting around making nothing in the long run

[adaseb]

Defi will definitely gain more popularity in the near future. Especially since FTX caught many people off guard. So I think there will be more and more dex services coming out now since many don’t want to use CEX except for a fiat on and off ramp pretty much.

Regarding the tokens values keep in mind that most tokens are near lows now compared to the highs of the bull market. So just because the token is cheaper doesn’t mean the project is a failure. It’s not trading like a stock of a company where if it falls you think it’s about to go under.

[MIner1448]

Regarding decentralized exchange tokens like Uniswap, Pancakeswap, Sushiswap, Apeswap, it can be assumed that their future depends on many factors, such as the popularity of their platforms, competition in the market, changes in the regulation of cryptocurrencies and blockchain technologies, and other factors.
Despite last year's downturn, some experts believe that the DeFi market has great potential and may continue to develop in the future. It is also possible that decentralized exchange token prices may recover in the future if these projects continue to develop and attract users.

[justdimin]

With collapses of Terra, DeFi 2.0 model shows their weakness and do you think those tokens will be recover to their all time highs in 2024 bull run?

The answer is NO. Simply because these tokens start from small circulating supply then later own increase until the max supply was reached. All start-up project has the tokenomics of releasing the total supply in tier throuh specific time table. This token manage to reach all time high when their token supply is at the lowest level. Right now most of them increased there total supply to optimum level which is the main culprit for the continuous price decline.

Unless this project has a deflationary mechanism to decrease the total will make reaching ATH again possible. DeFi hype is almost over due to scarcity of liquidity that coming from VC money. Banks are struggling which is the main source for capital so I doubt that DeFi will be prosperous again without the liquidity that they need.

That is the trouble most of the time for these because there aren't enough buyers to cover the increase of the supply make any sense. ETH is also like that but it has enough buyers to make it make sense, because a lot of people keep buying it even thought it is unlimited supply.

In order for this idea to work, you have to have a lot of buyers, even during the bear period, there should be enough to make sure it doesn't bottom out at the near zero levels, it should keep its rank at least on cmc for example. ETH did, it is unlimited supply and bear happened and it stayed at second, because it's a good one. Pancake was the one I had so much belief in, and sad to see not doing so well as much as I expected it to do.