Whales Hold More Than 23% of CandyDEX Tokens

The CandyDEX token is ready to hit the moon. Big whales hold more than 23% of CANDYDEX tokens.

48.4 Million CANDYDEX tokens bought by crypto whales
160k+ Account holders
We build the world’s best DEX Platform with multi networks support
Diverse Ecosystem: Financial Services, Exchange and swap
Experienced Team: Leaders who brought you Gate.io, Uniswap and Convex Finance
Have burnt 16% of the CandyDex Tokens as initial move
Token Audited by reputed firms

CandyDEX (CANDYDEX) is top among the cryptocurrencies that were projected to perform well this month, and that’s what the token has done so far.

The CandyDEX IDO price has been among the best performing crypto IDO sales today compared to even the biggest cryptocurrencies like Uniswap and 1 Inch.

That’s why whales from big cryptocurrencies like Uniswap and Pancakeswap are joining CandyDEX and have been buying CANDYDEX this month.

But what is CandyDEX doing right that is attracting so many investors, including whales from such large crypto projects?

CandyDEX’s performance from April has been incredible. The token has been skyrocketing while most of the cryptocurrencies have been plummeting.

During the plunges that have hit the market in the past few days from last month, CandyDEX was among the tokens that maintained a bullish growth during the bearish market.

The CANDYDEX token growth has been driven by so many factors, and the IDO sale being launched are playing a significant role. It is the reason many investors from Uniswap, Pancake and 1Inch are joining CANDYDEX token in large numbers.

The CandyDEX team has also promised to add an ultimate DEX platform along with multichain networks to this project by the end of 2022.

These are factors making CandyDEX stand out as one of the best IDO investments of 2022 and the reason it is attracting big whales.

Why do whales buy CandyDEX token?

The crypto market has been in a bearish phase for the past three months but experts believe that there is a lot of interest from mature users who have been indulging in long-term investing rather than just trading.

We are seeing quite a few investors actively pursuing systematic investment plans in Bitcoin (BTC) and Ethereum (ETH) rather than investing lump-sum amounts in these cryptocurrencies.

These trends clearly depict that despite the fall in prices, the overall market structure is improving with the growing pie of mature investors as well as new users entering the crypto market.

For a short period of time whales have been interested in CANDYDEX investment. The scenario has recently taken a steep upward path since CANDYDEX IDO went well as the only crypto that was doing well in the present market.

Recently, as per the latest reports, 4 major crypto whales have purchased 48.4 Million CANDYDEX tokens worth $4.84M.

A crypto whale bought 10 million CANDYDEX tokens in a single transaction worth $1M. Read about it here. Another whale bought 12.8 million CANDYDEX tokens in a single transaction worth $1.28M.

Another one bought 11.6 million CANDYDEX tokens in a single transaction worth $1.16M. And another one bought 14 million CANDYDEX tokens in a single transaction worth $1.4M.

During the intense stage of the Russia-Ukraine fiasco, crypto whales were found moving their funds to CANDYDEX.

Statistically, it has been such an enormous achievement for CandyDEX that it might just have created history.

After all, there has rarely been a token before which managed to gain such an immense amount of attraction to itself during a token sale in just a span of 45 days.

How high will the token reach?

However, if it maintains the same rate at which the token is growing currently, the token starts with a good IDO price of $0.1 in round-1 and for round-3 it will be $1.

Everyone will get 500X profit, and for the second round the price will be $0.5. So If this does happen, the token’s price may jump 1,000X higher in the 3rd round and it would probably be the biggest price jump of 2022, making CANDYDEX the first DEX token to attain this precious mark.

What is CANDYDEX token ?

CANDYDEX is the governance token of CANDYDEX. It is a decentralized exchange on Etherscan, Binance Smart Chain, Polygon, Avax, Fantom & USDT.

Trading in CANDYDEX token (CANDYDEX) allows crypto-holders to participate in the governance of this finance protocol as they enter to explore the space of decentralized finance (DeFi).

CANDYDEX (CANDYDEX) is a cryptocurrency, deployed on POLYGON Smart Chain(MATIC).

Unlike other decentralized exchanges, CANDYDEX tokens allow holders to buy in ETH, BNB, MATIC, AVAX, FTM & TRON-based crypto coins, which are termed as a “swap”.

The action is seen as a more liquid way of exchanging large amounts of crypto.

CANDYDEX IDO Sale

CANDYDEX will hold an Initial Dex Offering on April 25. The IDO will happen on CANDYDEX.

Round 1 : 25/4/2022, price : $0.1
Round 2 : Will be announced after round 1, price : $0.5
Round 3 : Will be announced after round 2, price : $1

Bonus on IDO Sale Round-1

Following an oversubscribed and successful pre-IDO sale going on, CANDYDEX has officially achieved its goal of 5.5 Million.

The sale will be extended, as the market fluctuations are causing a delay in their IDO sale as agreed prior to the second round sale start, this final closing time will occur at 4 p.m. EST, June 16, 2022.

CANDYDEX has a special bonus for users to participate in their IDO sale. Here the existing user will get a token bonus of 10% on May 17, 2022, and the new user will get 15% on their new token purchase.

Here’s where you can find out more about CandyDex token:

Disclaimer

All the information contained on our website is published in good faith and for general information purposes only. Any action the reader takes upon the information found on our website is strictly at their own risk.

Source: https://beincrypto.com/whales-hold-more-than-23-of-candydex-tokens/