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Dash 2 Trade Shoots Past $1.9 Million in Presale – Is This Crypto’s Bloomberg Terminal?

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The Dash 2 Trade presale has entered its second stage after raising more than $1.9 million in under a week. This represents a significant achievement for the Ethereum-based platform, which is developing an analytics and social trading dashboard for the cryptocurrency market.

The move from stage one to two raises the price of D2T from 0.0476 USDT to 0.05 USDT, with the presale aiming to raise the equivalent of $5,166,000 before moving onto its third stage (out of nine). From there, the coin will list on exchanges, something which could provide early investors with the opportunity to cash some big gains.

Dash 2 Trade Shoots Past $1.8 Million in Presale

Beginning last Wednesday, the Dash 2 Trade presale made light work of the various stops on the way to its stage one target of $1,666,000 million. It raised $550,000 in the first 24 hours and $650,000 in under 48 hours, before reaching $1 million in its first three days.

Now, it’s up to just under $2 million, having reached $1.8 million over the weekend. It’s hard to say just where the sale will end, but with some strong fundamentals, it’s unsurprising that Dash 2 Trade is quickly attracting converts.

As outlined in its whitepaper, Dash 2 Trade is a trading intelligence platform for cryptocurrency investors. Its core offering is a user-friendly dashboard that combines a number of valuable tools for traders, such as buy/sell signals, social sentiment monitoring, on-chain analyses, a strategy builder, early access to presales, listing alerts, and even trading competitions.

Within its ecosystem, native token D2T will enable holders to pay for one of two subscriptions to its platform (there’s also a free version, with more restricted content). The first is the Starter Tier, which costs 400 D2T per month, while there’s also a Premium Tier, which costs 1,000 D2T and which offer the fullest range of analytics and tools.

Given this subscription model, it’s easy to see how D2T could become valuable, with the growth of the Dash 2 Trade platform increasing demand for the altcoin. Indeed, because the platform offers various social trading tools, strong network effects are likely to come into play, with these tools becoming more useful to more people sign up.

In this respect, it’s important to note that Dash 2 Trade has developed out of Learn2Trade, a well-established forex signals provider that has a community of over 70,000 active traders. As such, the Dash 2 Trade team already has plenty of experience in this area, as well as a proven track record.

Combined with the features of its platform, such credentials are a big part of the reason why the Dash 2 Trade presale has gained so much momentum so quickly. And with $2 million likely only a matter of hours away, it’s also only a matter of time before bigger targets are reached.

Is This Crypto’s Bloomberg Terminal?

Because the cryptocurrency market is so notoriously volatile and unpredictable, it’s highly arguable that there’s a big latent demand for a platform like Dash 2 Trade. As we’ve seen in 2022, so many opportunities for big returns in crypto are short-term and temporary, so having a ‘Bloomberg Terminal’ for crypto such as Dash 2 Trade will likely prove a big help to many traders.

For investors in its presale, the question remains as to how big a return they can expect to make once D2T lists for the first time. Of course, this can’t be predicted with any accuracy, but other big presales this year have posted significant gains.

Most notably, Tamadoge (TAMA) went on to rise by 1,800% relative to its presale price after listing on OKX. While D2T may not necessarily match such performance, its fundamentals are at least as good, meaning it has a real chance of posting some substantial returns.

With nine stages of its presale in total, it likely won’t list until Q1 2023, which is also when its dashboard will go live. However, based on its roadmap and features, it will probably be well worth the wait.