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The capabilities of the new Fezoo Coin (FEZ) are already appealing to many cryptocurrency investors. Despite being in its presale stage, Fezoo attracts investors from traditional picks like Ripple (XRP) and Cardano (ADA).
Analysts believe that Fezoo is poised for substantial market success. We will look at Ripple, Cardano, and their recent movement on the market charts, as well as Fezoo.
Ripple keeps declining
Ripple has been a standout name in the crypto market. It is one of the most popular cryptocurrencies in the world. CoinMarketCap ranks the coin as the #6 cryptocurrency by market capitalization, with a market cap of $33.26 billion.
The current price of a Ripple token is about 1.30% less than a year ago. Ripple is selling at $0.607, about 2.75% less than 7 days ago.
Ripple (XRP) holders will hope for a turnaround soon, while analysts believe that Ripple (XRP) can still drop to $0.500.
Cardano drops in the last week
Cardano is trading at $0.666, representing a 10.62% decrease in the last week. The eighth largest cryptocurrency by market cap is still 12.32% up from 30 days ago, but its recent decline will raise doubts among investors as to whether Cardano has taken a bearish turn.
Experts believe that Cardano will fall to about $0.500 before any reversal is expected. Cardano currently has a market cap of $23.7 billion and a 7-day trading volume of $5.98 billion.
Fezoo is the new decentralized exchange platform
There is a new name in the decentralized exchange sector, and it’s not just users but investors who are seeking to make massive gains before the end of the year.
Fezoo, the users get to decide when they want to withdraw their funds, and it is released to them instantly. The trading fees on the platform are considerably lower than those of traditional exchange platforms.
The new DEX onboard users with as little stress as possible. By eliminating the need for KYC, Fezoo gives users a seamless experience setting up their accounts. All that is required from them is their email address and their username.
Fezoo is currently in the first stage of its presale, and a token is selling for as little as $0.013. This means investors have an early opportunity to buy into the project before the price increases.
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