Dash 2 Trade is a social trading and crypto analytics platform that helps investors to make their investment decisions wisely. With this platform, traders can get in-depth insights into the market and create their strategies for investing and trading. One of its crucial features is the on-chain analysis and social insights. With the help of this feature, users can spot specific coins with significant price movements. The following are the crucial features offered by the platform
Positioning: The primary audience for the D2T platform is the traders, which is reflected by its features and products as per the whitepaper.
With the increase in popularity of digital assets, there has been launched many crypto analytics platforms as well. Reports say that the cryptocurrency market is expected to grow at a CAGR of 31.3% by the end of 2023 and is predicted to reach a value of 46.2 billion US Dollars. Therefore, there will always be a need for crypto trading platforms. However, there are plenty of trading platforms in the market that have gained the trust of the users and are performing pretty well.
Article Coverage: Latest News, Dash 2 Trade Price Prediction Today, Is Dash 2 Trade a Good Investment? Performance in the last 12, Will D2 Trade reach $1, $10? Dash 2 Trade Price Prediction 2023-2030
UTC: Feb 23rd, 2024 04:11 AM
| Overall Outlook | Neutral |
| 1. Market’s Wisdom | Neutral |
| 1a. Market Data | Neutral |
| 1b. Technical Recommendation | Neutral |
| 2. Crowd’s Wisdom | Neutral |
| 2a. Social Media Buzz | Steady |
| 2b. Social Media Sentiment | Steady |
Forecasts are made every 12 hours at 8 PM EST (12 AM GMT) and 8 AM EST (12 PM GMT)
D2T is an ERC-20 token that gives users access to the platform and its features. D2T’s value is linked with the number of users of the system and not with the activity of the traders i.e., its value will increase with the increasing number of users on the platform. Moreover, according to the whitepaper, the D2T token will always be tax-less.
Following are the use cases of the D2T token:
Model: D2T’s model is subscription-based where the fee can be paid using D2T tokens.
But what makes Dash2Trade more unique in itself is its native token D2T. Note that D2T is a utility token and hence provides many advantages to the holders. D2T will help access different features of the dashboard. Moreover, the users can participate in various competitions to get rewards in the Dash2trade ecosystem.
Dash2Trade has made available numerous features in a single platform and that is a clear advantage. However, there are numerous competitors – CoinMetrics, Glassnode, Santiment, LunarCRUSH, IntoTheBlock, Skew, Dune Analytics, CryptoQuant, Nansen, and CoinCheckup.
A more concrete opinion can be made after we receive user feedback on Dash 2 Trade
Screenshots from the Beta Version
D2T’s social trading feature allows users to engage with top traders from diverse backgrounds through Trader AMAs (Ask Me Anything sessions).
That said, given that the ecosystem runs quite well even now without tokens, we would classify D2T Tokens as a Moderate class of Investment.
Dash 2 Trade will have to rise 27x to reach $1. At $1, D2Trade’s Market Cap would be about $300 Million. If D2T were to rise 25% every year, it would take 15 years to reach $1. Let us now evaluate the cryptocurrency on each of these factors
Considering all data sets, there is a moderate chance that Dash 2 Trade will reach $1. 75% burn will make it highly likely. Let us look at how this looks with 75% Burn.
Dash 2 Trade will have to rise 7x to reach $1. At $1, D2Trade’s Market Cap would be about $74 Million. If D2T were to rise 25% every year, it would take 9 years to reach $1. Let us now evaluate the cryptocurrency on each of these factors
Dash 2 Trade will have to rise 200 times to reach $10. At $10, D2Trade’s Market Cap would be about $3 Billion. If D2T were to rise 25% every year, it would take 29 years to reach $10.
Considering all data sets, there is no chance that Dash 2 Trade will reach $10. 75-90% burn will make it highly likely.
Dash 2 Trade operates on the Ethereum blockchain and the D2T token is an ERC-20 token. D2T is a utility token and offers numerous benefits within the Dash 2 Trade ecosystem.
Note that the total supply of the tokens is capped at 1 billion D2T and hence, no more tokens can be created once the maximum limit is reached.
Dash 2 Trade can be purchased on Gate.io
Also Read: Orbeon Protocol Price Prediction
~Charu Taneja
Note: collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.
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