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Avalanche and Shiba Inu investors are shifting focus to Fezoo, a decentralized exchange (DEX) platform, highlighting its potential in the evolving crypto landscape.
Avalanche (AVAX) and Shiba Inu (SHIB) are diverse projects in the blockchain space. While Avalanche concerns itself with blockchain infrastructure, Shiba Inu is a meme coin with no real-world utility.
However, recently, investors have taken up huge positions in the presale of Fezoo (FEZ), a decentralized exchange (DEX) platform.
Avalanche investors are more confident in Fezoo
Avalanche’s price trend indicates that it could be recovering from its decline as its weekly gains are now back over 30%. It had gone below 20% during the week coupled with a 50% decline in volume. Now, the volume decline is around 35% and it is expected to improve in the coming days.
Avalanche investors are still moving investments into Fezoo as they become more confident in its growth potential.
Shiba Inu trading volume surges
Shiba Inu’s decline over the past week is still at 20%. Meme coins like Shiba Inu led the last rally and recorded huge gains, some going as far as 7X. Its trading volume has now bounced back almost doubling in the past day. Some analysts still think the meme coin season isn’t over yet and the trading volume trend is now confirming their projections.
Fezoo promises investors huge returns
Trends from Avalanche and Shiba Inu investors show their movements into the Fezzo presale. Fezoo is a new decentralized exchange with the major goal of connecting traders across the globe.
Its fully decentralized model distinguishes it from centralized platforms like Binance and Coinbase. Benefits for traders include a no-KYC signup process, complete control over funds, the ability to influence the direction of the platform, lower fees, instant withdrawals, and unique reward and VIP programs.
The presale has been going on for some time and is in its initial stage. Priced at $0.013, it seems to be offering investors a better bargain than many established cryptocurrencies. With six stages and 65% of tokens available in the presale, there seems to be no better time to invest.
Presale investors enjoy several benefits. These include early access to the platform, unique voting rights to propose new and upcoming ideas, higher staking rewards, and passive income from platform fees. This income is distributed proportionally to investors’ holdings.
To learn more about the Fezoo presale, visit the website.
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This article first appeared at crypto.news
