Bitcoin Cash and Dogecoin holders were among the early winners of the first quarter of 2024. However, as Q2 2024 begins, both legacy cryptocurrencies are trending in different directions. Bitcoin Cash is bullish, while Dogecoin is bearish. However, investors that took profit are looking for other opportunities to extend their gains before the next bull run occurs.
The emergence of Fezoo, a new decentralized trading platform with serious moon potential, has captured the attention of both communities with the launch of its presale. Bitcoin Cash and Dogecoin holders are taking out early positions and capitalizing on the incentives that Fezoo has to offer.
Bitcoin Cash surges after halving event
Bitcoin Cash has been one of the best performers of 2024. After bottoming out at $90 last June 2023, the Bitcoin fork has surged to yearly highs of $519 as of press time on April 15th, capping off a remarkable run that has seen it turn in a 10x gain since then. One of the catalysts for this sensational growth is Bitcoin Cash’s halving event, which was completed last April 5th. The halving reduced block rewards on the Bitcoin Cash network to 3.125 BCH, sparking excitement among the Bitcoin Cash community. This could be a sneak peek to
Dogecoin among the biggest losers of April
Dogecoin turned in a superb performance last March, surging to yearly highs of $0.22 in the past month. Since then, however, Dogecoin has seen its pump deflate in a big way, losing 14.4% of its value in the opening week of April. Most of the gains that the dog-themed meme coin have been erased since, with Dogecoin trading at $0.1623 as of press time.
Fezoo presale drawing the attention Bitcoin Cash and Dogecoin holders
Fezoo is a decentralized trading platform that distinguishes itself from conventional centralized exchanges like Binance and KuCoin. Fezoo is a trustless decentralized exchange that doesn’t require any KYC and gives users complete and total self-custody without the hurdles and hassles associated with dealing with centralized exchanges.
The decentralized trading platform enables users to trade various cryptocurrency pairs, farm passive yield, and earn income through liquidity provision, as well as allowing them to deposit and withdraw in an instant. Fezoo also offers significantly lower trading fees, supports AI trading bots for copy trading, and offers presale investors a 50% revenue share on platform fees based on the number of Fezoo tokens they hold. Talk about a raft of incentives.
Fezoo tokens will be up for grabs at $0.013 each during stage 1 of its six-stage presale launch. The project is fully audited, and platform liquidity is locked for 50 years to ensure that user funds will always be safe. Unsurprisingly, market observers have Fezoo penciled in for a 30x gain in 2024—and potentially more when the bull run arrives.
Find out more about the Fezoo presale by visiting the website here.
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