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After FTX’s collapse in 2022, investors are looking for safer platforms. Maker (MKR) and Fantom (FTM) investors turn to Fezoo (FEZ), a new decentralized exchange promising to reshape the crypto market.
Investors seek safe and innovative platforms to trade on as the current bull market matures. They have learned a lot after the spectacular collapse of FTX in November 2022, which exposed an $8 billion hole in its books.
As a result, Maker and Fantom holders are attracted to Fezoo, a new decentralized exchange tipped to revolutionize the crypto market. Are Maker (MKR) and Fantom (FTM) investors making a wise decision by investing in Fezoo (FEZ) in its presale?
Maker trades above $3,000
Amid a market wide rally, Maker breached the $3,000 level on March 17. Maker last traded above $3,000 in December 2021, marking its highest price in over 2 years.
Overall, Maker is up an impressive 356% year on year, after its price increased from $670.37 on March 23, 2023, to $3318.19 on March 21, 2024.
Maker serves as the governing token within the Maker protocol, a decentralized Ethereum (ETH) blockchain system.
Through Maker tokens, holders play a pivotal role in decision-making processes, influencing various aspects of the Maker ecosystem’s operations.
Following impressive yearly growth, holders are hedging their Maker profits by investing in Fezoo, a new decentralized exchange set to transform the market.
Fantom eyes rally ahead of Sonic mainnet upgrade
Fantom holders are expecting the upcoming Sonic mainnet upgrade to help the altcoin maintain its upward trajectory.
Fantom is up almost 110% in a year after its price increased from $0.4706 on March 23, 2023, to $1.09 on March 21, 2024. This bullish sentiment gains traction as Fantom approaches the launch of its highly anticipated Sonic upgrade on the mainnet.
Sonic seeks to elevate the Fantom Virtual Machine by introducing a novel smart contracts language, all while reducing costs and enhancing throughput to 2,000 transactions per second (TPS).
Through this upgrade and other developments, Fantom (FTM) aims to be a leader in the decentralized finance (DeFi) and Web3 gaming sectors.
Fezoo lures seasoned investors
Fezoo, a decentralized exchange aiming to offer a better product to traders, has launched its presale at a time when the market is bullish and investors are looking for the best new cryptocurrencies to invest in.
Investors are lured to the Fezoo presale because of several factors, including lower fees and the opportunity to earn passive income. Fezoo’s revenue sharing model will see Fezoo holders qualify to earn a share of the income generated on the platform based on the proportion of their total holdings.
Fezoo will mint 500 million tokens and 65% of the supply is reserved for investors via the presale. Investors with a long-term goal of earning huge returns on their investments can buy Fezoo (FEZ) tokens for a low price during the ongoing presale.
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This article first appeared at crypto.news
