Crypto Experts are Fleeing to This Platform Following the FTX Implosion – What Do They Know?
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The Dash 2 Trade presale has now raised $6.5 million, with the FTX bankruptcy crisis increasingly pushing investors towards an Ethereum-based trading intelligence platform. While FTX's collapse has understandably spooked the market, it has also highlighted the pressing need for reliable market analysis and data, something which Dash 2 Trade is set to provide.
Dash 2 Trade's current total raised puts it just over $2 million away from reaching its goal of $8,757,000, at which point it will move from stage three to stage four of its sale. This will push its sale price from $0.0513 to $0.0533, making the coin nearly 4% more expensive for would-be early investors.
Crypto Experts are Fleeing to This Platform Following the FTX Implosion
The FTX bankruptcy crisis has even worsened in the past few days, with other companies and platforms at risk of collapse. Indeed, BlockFi is reportedly preparing for bankruptcy, while firms such as Gemini and Genesis have halted withdrawals with certain of their products, raising fears of additional liquidity crises in the ecosystem.
As such, the threat of further big losses in the market is very real. This leaves investors and traders in the position of needing to watch the latest news and movements very closely, and this is precisely something that Dash 2 Trade will enable them to do.
As outlined in its whitepaper, Dash 2 Trade will provide a wide range of real-time market analytics and social trading data, all of which will help investors develop their own strategies and arrive at well-informed decisions. Its features include the following:
- Trading signals for buy and sell opportunities
- Social sentiment metrics and on-chain analysis for the identification of trending coins
- Strategy building and social trading tools so that investors can create new trading strategies
- Access to cryptocurrency presales and also alerts to new exchange listings
- Feeds of the latest cryptocurrency, financial and economic news
While Dash 2 Trade does offer a limited free-to-use version, investors will need to subscribe to one of two tiers in order to access most or all of its features.
The first subscription is the Starter Tier, which at 400 D2T per month, offers various social channels, automated trading tools, and strategy-building utilities. Then there's the Premium Tier, which for 1000 D2T per month, also incorporates on-chain data, whale wallet alerts, and professional-grade market indicators.
While Dash 2 Trade looks good in theory, its team will also ensure that it's good in practice. That's because it boasts the very same team behind Learn2Trade, the popular forex signals provider which has a community of around 70,000 active traders.
There's a very good chance that Dash 2 Trade could build on this community, even rather, with its Twitter account already having over 43,000 followers, despite being launched as recently as September.
Interested investors can participate in the D2T token sale by visiting the Dash 2 Trade website and connecting their MetaMask or Wallet Connect wallets. From there, they can use Ethereum (ETH) or Tether (USDT) to buy D2T.
Dash 2 Trade is due to launch in the first quarter of next year, which is also when D2T will list for the first time on exchanges. It has already confirmed listings from BitMart and LBANK Exchange, so it's well on its way to having a healthy number of platforms supporting it.
Given that it has attracted so much early investment in such a short space of time, D2T has every chance of posting big gains once it lists next year. Some presale coins have done extraordinarily well in 2022, and with Dash 2 Trade coming at a time when investors are crying out for more reliable and accessible analysis, it has every chance of joining the list of successful new platforms.