Experienced crypto traders are always looking for a “Gem”. What is a gem? In short, we can call it a coin with great potential but has not yet grown.
Why is everyone looking for “Gem”? Because, if you find a gem coin and invest, your investment can be valued at 100x or 1000x.
But it is not easy to find a gem coin. It contains risks. In the crypto space, dozens of new Coins or NFT projects emerge every day. Many of them die in the first few days.
Which parameters should we look at?
Let’s look at the parameters through the DexAlert project.
1- Does the project solve a problem: There is no application that can be set for price alerts for all tokens traded in DEXs(Uniswap, Pancakeswap, Quickswap, Sushiswap). Sites like CoinMarketcap or Coingecko only list and support some coins. DexAlert supports all coins traded in Dex. This is especially an important need for DeFi traders. In addition, users can set NFT collection price alerts with Dexalert. Eth Gas Fee Alert can also be set.
In addition, the “NFT Block Scanner” tool helps users to find promising NFT projects. The DexAlert aims to be an inclusive “Blockchain Alert App”.
2- Is there a utility of the token?: You can pay for premium membership in a discounted way with DXA Token. You can also buy ads with a discount with DXA Token.
3- Team: Do team members continue to advance the project? What is their work so far? The DexAlert team also released the app both in the App Store and the Google Play Store. There is also a web app. The team has done good things so far. They will increase the number of DEX and NFT Marketplaces supported by the application.
4- The current situation of the project: Many projects are abandoned after the first weeks. Does the team continue to develop the project independently of the chart? Because in the crypto market, the chart has always been very volatile. The Dexalert project continues to progress. The team regularly informs the members.
Conclusion
When we look at the parameters, we can say that the Dexalert $ DXA token is a gem. If the team continues to improve the application, we will see the real potential of DXA token in the next bull run.
DexAlert project links:
Website | App Store | Google Play Store | Web App | Telegram | Twitter
