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The trading scene is one of the most popular parts of the crypto space. It also sees the most activity as traders from across the world attempt to leverage the intrinsic volatility of the crypto market to get gains for themselves. From day traders to long-term investors, it is a robust and growing industry. But it is also one that faces many issues.
Passionate developers and traders have come together to develop a solution to these problems – a new DEX, Fezoo. The project aims to revolutionize trading, but what does it do? And what is driving investment from Ripple and TRON investors to it? Let’s find out.
Ripple Investors Crossing Over?
Ripple has seen many investors head elsewhere since the year began. The token hasn’t performed as well this year after rising significantly as last year closed. The investor exodus may continue with recent disappointments.
As of press time, it is worth $0.4871 per unit. It is 5% lower than prices from 365 days ago. Generally, it is much less than many other tokens and below what investors would have expected. Ripple looks worse in short-term analysis, less than values 30 days ago by 30%.
In the last seven days, Ripple has declined by 18%, falling from over $0.6. Recent trends may persist into next week, giving more reasons to sell Ripple. There are many options for Ripple investors in the current market, but the best one may be Fezoo.
TRON Falls in Charts and Rankings
According to CoinMarketCap, TRON ranks 13th in Market Cap, but many would have expected to see it much higher. It has gone up by quite a lot in the past year, some 77%. However, TRON started 2024 weak, and this could continue even further.
Its peak so far this year was $0.1429 per unit, as recorded in the final days of last month. Approximately two weeks later, TRON sells for $0.1111 as of press time. 30-day charts going back to the middle of March show TRON is 16% less than a month ago.
It did perform much worse earlier in the week, falling as low as $0.1105. However, this continued freefall has many investors concerned about how the rest of the quarter could be.
Fezoo Revolution Gains Popularity
The change that Fezoo aims to bring could be crucial for traders around the world. The decentralized exchange fixes many issues within the industry by fusing the benefits of centralized and decentralized exchanges into a single transparent exchange. Many of its features correct or improve on what its competitors offer.
Fezoo allows traders to protect their identity and other personal information in the digital world where data is life. It does this by scrapping KYC procedures entirely. Traders can come on board with only their name and email and use Fezoo. It allows traders to be anonymous and secure while interacting.
Fezoo also allows users to control their funds themselves. Consistent traders can earn rewards like huge kickbacks and even crypto. Investors can also earn returns by buying early. Fezoo costs just $0.013 per unit in the first stage of its presale. Few tokens offer as much as Fezoo at such a low price. It does seem like a big contender in the market.
If you want to know more about the Fezoo Coin (FEZ) presale, check out the website here.
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
