What is DEXG and how can I benefit from it as a beginner or a small investor?
It was not planned that I would ever start the CryptoPedia series in the DEXG token, and this may be one of the reasons for my delay in continuing the encyclopedia episodes...
But my desire to participate in the writing contest on the Publish0x platform is what prompted me to start this important currency...
Why is it important?
For two reasons:
1- The goal behind it is wonderful and useful, especially for beginners in the field of cryptocurrency investment, I mean small investors who often pay the price for the big whales' manipulation of the cryptocurrency markets... This token is one of its most important goals to prevent or reduce these frustrating losses.
2- It is a great model for the supported currencies according to our classification in this encyclopedia (which is our classification along with other classifications you can know from reading this article here
What is DEXG token?
We will not go into complicated details as we agreed before...
So we will simply talk about DEXG token...
We can say that it is a necessary token... meaning that it is the token launched by DEXToken to implement Speculative AMM with the aim of protecting small investors from price manipulation as this token helps to avoid a sudden drop in prices when a big sell order occurs.
Are we starting to get into the complexity?
No, of course...
The talk is still simple and understandable...
But for more simplicity, we say that DEXG is a token launched by DEXToken to protect small speculators (if this expression may be used).
20,000 DEXG has been distributed as a primary distribution and the maximum token will be 200,000 DEXG.
We will not go further in the explanation so as not to complicate matters...
But for those who want more details, they can know what they want from the official website here.
What is the price of DEXG and what is its future?
The price of DEXG token (at the moment of writing the article) is $ 48.26, down by (-1.90%).
It achieved its highest price on September 1, where it reached $ 326.17.
Its lowest price was $ 39.76 and that was on October 12.
The significant drop It happened in approximately 42 days, and although this is considered a matter of concern, the price drop, as we have always agreed, is a good opportunity to buy for investment...
And because the DEXG token is supported, do not worry because it will undoubtedly regain its strength over time.
(This, of course, is not a directive to you in order to buy or invest in the DEXG token...
It is just a personal opinion that you may not base your decisions on at all).
This article is also published in:
* Publish0x and you can read it here
* Uptrennd and you can read it here
This is really cool! although I am glad it is here for new investors, and by no means can I affect the market, But this would have been awesome to have when i started. Thanks for the article!