DEXM Price Prediction and Price Movement
DEXM has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that DEXM's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if DEXM is backed by a solid development team and whether DEXM's technology has any potential to grow.
Please note that this analysis is purely base on DEXM's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
DexMex Price Chart
DexMex is the first decentralized exchange based on uniswap to offer peer to peer leverage trading. This allows any person to short or long (with leverage) any erc20 token in a decentralized manner.
What makes DexMex unique ?
First, everyone can trigger a short or long contract on the token of their choice.
Then, DexMex will not need any borrowed liquidity to reward its users. Indeed, it is a peer to peer platform, that is to say that the losing positions automatically and continuously reward the winning positions.
To trade on DexMex you just need to connect your wallet (metamask).
What about the DexMex token ?
The DexMex token will be used to govern and make decisions on the development of the platform in a decentralized manner
0.4% of all volume made on the platform will go to people who stake DexMex. Stakers earn commissions directly in ETH.
0.2% will be used to buy back DexMex and then burn the tokens purchased.
0.2% will be added to the treasury, which will be governed by the community.