Regardless of what technology a platform uses in this financial-world, DeFi would significantly recreate the traditional financial-service with its infrastructure. Besides, DeFi has the potential to advance the financial sector and unlock a new level of innovation.
Following the crypto industry, DeFi holds the next place competing with NFTs. As the world witnesses that cryptocurrencies might be the future of the digital-payment mode, millions of users have emerged into crypto-space. But, on the contrary, DeFi would advance in technology and will act as the guarantors of the transactions in the financial space. As a result, DeFi tech will gain more traction than before in this digital-world in the upcoming years.
Even now many DeFi-related currencies performances seem fascinating and the interest for DeFi is steadily increasing everyday than the day before. Similarly, DEXTools is a DeFi-related token, which has surged in price to 72% in a day.
DEXTools is the industry standard and the central hub for all DeFi traders. We are committed to continuous innovation and improvement of our Trading App. It is a price data analytics tool that assists traders in navigating decentralized networks more easily. The ability to keep track of the live price of tokens is one of the platform’s most important features.
Current Market Status
According to Coinmarketcap, the current trading price of DEXT is $0.77 with a trading volume of $19,517,679 in the past 24-hours. The token has surged to 72% in the last 24 hours and has a circulating supply of 100,754,573 DEXT coins. It is available in top exchanges such as BKEX, Hoo, Hotbit, Poloniex, and 1inch Exchange.
The chart depicts the bullish pattern for DEXT. The token has tapped its all-time high five months ago at $0.94, whereas the current price is 27% lower than ATH. The price has risen from $0.45 to $0.84 which marks the high price of the day. With more updates, DEXT has the potential to reach more highs.
DEXT Launches Its Own Aggregator
DEXTools announced the launch of its own aggregator on DEXTools App on August 17. It is an aggregator which allows to accomplish transactions without using third-party hubs. This offers users for faster trades and saves time on shifting to another website with complete transactions in an efficient way.
Considering the recent updates, the reason for the surge of DEXT might be the launch of the platform’s own aggregator. However, with the on-going developments in the network, users can expect more spikes in price. If the uptrend momentum continues then it would be the sweet spot for the DEXT users.