Why WandX will explode in September 2018 (NEP5 and ERC20 DEX)

WandX is the biggest competitor to NEX, they are way ahead with development and will launch their platform this Month and also bring you basket control as an addition.
Decentralized exchanges
With the governments ever evolving involvement regarding cryptocurrency regulation, decentralized exchanges are hotter than ever. Malicious attacks against centralized exchanges have also proved to be one of the weaknesses of the cryptocurrency markets, which make the DEXes even more desirable. In this article we`re gonna take a look at the, by far, most undervalued DEX in the crypto sphere.
What is WandX?
Wand is a decentralized derivative market platform. It allows users to create financial markets on crypto-secured assets; these assets could be cryptocurrencies or real world assets stored on a blockchain. It allows users to create derivatives on assets issued on the Ethereum and Neo blockchain, however they are working on integrating assets on other blockchains as well. Like Augur that can generate accurate data on future events, Wand will generate accurate data on the value of crypto-secured assets.

What is WandX ERC-20 and NEP5 DEX?
Multi-Blockchain DEX and Basket Protocol on Ethereum and NEO.
The WandX DEX on Ethereum and NEO enables trade in ERC20 and NEP5 Tokens.The WandX Basket Protocol enables creation and trade of ERC20 and NEP5 Token baskets.
WandX DEX is the first DEX that allows investors to trade NEP5 and ERC-20 tokens on the same platform with or without use of basket control.
Why will WandX explode in September 2018?
- May be the most undervalued DEX in history
- First DEX to launch NEP5(Neo) and ETH(Ethereum) trading with/without baskets
- WandX will be the biggest competitor to NEX
- One of the most solid communities around a DEX
- One of the most dedicated Indian team in the space.
- 2018 is the year of DEX due to regulations
- WAND token will get enormous liquidity once the exchange is released
- More exchanges is set to launch the WAND token (but they really don’t need anyone to list them as soon as the exchange is live)
- WandX has two tokens; WAND and WANDNEO (staking GAS from NEO on the exchange)
Current valuation of DEX coins;
WAND — WandX: $450,000 USD
DNT — District0x: $14,700,000 USD
NEX (hardcap): $25,000,000 USD
BCO — BridgeCoin: $26,300,000 USD
WAVES: $213,000,000 USD
WandX is currently trading at 1/30 of DNT, 1/50 of BCO and 1/470 of WAVES. WandX has a lot of room to grow, and this is one of the reasons I am so sure this coin will outperform the competitors when it comes to returns for investors.
Technical Analysis
As you can see WandX has pulled back quite a lot from it’s all time high prices ($1,31) and is even down approximately 50% from ICO prices ($0,09). This combined with it`s extremely low market cap indicates that the risk/reward analysis looks very good. With limited downside and a massive potential upside the buy recommendation is pretty obvious on this one. The low market cap combined with the low daily volume will result in the price climbing rather rapidly as soon as it gains momentum.
Conclusion
WandX has great a potential to become one of the top leading DEX’es with Basket Protocol on both ERC20 and NEP5 tokes. Compared to other DEX’es, WandX has a huge room to grow, and also compared to the ICO price of $0,09. On the other hand, DEX’es is in the wind these day due to state regulations.
The main net release the 9th of September will definitely ignite this rocket.
Get on board this rocket before September 9th — the date to watch!
Main Net Release: 9th of September 2018
Telegram: https://t.me/wandxapp
Twitter: https://twitter.com/WandXDapp
Homepage: https://www.wandx.co/
Disclaimer: I am no financial advisor so you should always do your own research before choosing to invest in any project.
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