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The Dash 2 Trade presale has just passed $6.8 million in total funds raised, with its soon-to-be- launched trading intelligence platform already proving popular with investors eager to avoid the next FTX bankruptcy crisis.
Due to launch in the first quarter of 2023, Dash 2 Trade’s platform will provide real-time analytics and social trading data, helping investors stay ahead of movements that saw FTX’s native token, for example, fall from $25 to nearly $1 in a matter of days this month. And with BitMart and LBANK Exchange already confirming listings for the new coin, it looks like it could see decent gains once its sale ends.
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2023 has starkly underlined the need for a platform like Dash 2 Trade. With LUNA, FTT and other coins collapsing almost completely in value, the importance of being able to trade just before a big selloff occurs has never been clearer.
This is precisely where Dash 2 Trade has entered the picture. As described in its whitepaper, it offers the following trading tools:
- Social sentiment metrics and on-chain analysis, which help identify trending coins
- Trading signals that indicate when a coin is about to rise or fall
- Strategy building and social trading tools
- Cryptocurrency news feeds
- Access to presales and alerts to new crypto-exchange listings
More features will be added to the platform’s dashboard over the course of 2023, including trading competitions, trader AMAs, and real-time event streams. As a whole, they will provide traders of all skill levels with a comprehensive suite of tools.
It’s because of Dash 2 Trade’s range of features that its presale has been so successful already, despite starting only a month ago. It began by raising $550,000 in the first 24 hours and $650,000 in under 48 hours, before reaching $1 million in its first three days.
And in the wake of the FTX collapse, it has now raised even more funds, with the sale topping $6.5 million on November 19. As of writing, the current total is $6.86 million.
Once the sale reaches $8,757,000, it will move from stage three to four, at which point the price of D2T will jump from $0.0513 to $0.0533, representing a rise of 12% since the sale began. There are nine stages in total, with $40 million being the overall target, and with a final price of $0.0662
This represents an increase of 39% over the initial presale price of $0.0476, so traders who prefer buying at a discount are advised to act sooner rather than later. They can participate in the sale by heading over to the Dash 2 Trade website and connecting their MetaMask or Wallet Connect wallets, using either ETH or USDT to make their purchases.
It’s likely that D2T will do well once Dash 2 Trade launches, if only because the token will be used to pay the subscription fees necessary to access the platform’s full range of features. While there is a free-to-use version with a limited number of tools, most can be used only with one of the two subscription tiers on offer.
At a price of 400 D2T per month, the Starter Tier provides access to social channels, automated trading tools, and strategy-building features. At 1,000 D2T per month, the Premium Tier adds on-chain data, whale wallet alerts, and professional-grade market indicators.
It’s also worth pointing out that Dash 2 Trade has developed out of Learn2Trade, a pre-established and popular forex signals provider that extracts insights and intelligence from a community of 70,000 active traders. This gives it a very good foundation for further expansion, and with 40,000 followers already on Twitter, it has certainly made a good start.
Dash 2 Trade has already confirmed listings on BitMart and LBANK Exchange for Q1 2023, with more likely to follow soon after. This means that early investors in its presale now know they’ll have somewhere to sell their coins, should they want to cash in on profits.
Earlier presales this year suggest that, in relation to its presale prices, D2T could rise significantly. Most notably, Tamadoge (TAMA) rose by as much as 1,800% following its listing on OKX in October, while Battle Infinity (IBAT) gained by around 260% in late August.
It’s hard to say whether D2T can replicate such performance. However, with very sound fundamentals, and with a growing need among investors for reliable market intelligence, it has a real chance of being successful.