The leading professional cryptocurrency trading intelligence platform Trade 2 Trade just hit an important milestone in its nascent growth. Dash 2 Trade, which is set to launch its alpha platform in Q2 of this year, is currently running beta tests on its presale analytics dashboard.
According to Dash 2 Trade’s official Twitter account, the number of sign-ups testing the presale beta dashboard hit 7,000 earlier this week, a good sign that the platform will attract more users when it goes live later this year. Dash 2 Trade will offer a free and premium version of the platform, the latter of which users will be able to access through a subscription paid in Dash 2 Trade’s original crypto token. D2T.
What is Dash 2 Trade?
Dash 2 Trade is an analytics platform designed for professional/highly active cryptocurrency investors. The platform has a variety of useful features, including trading signals, social metrics data, on-chain indicators, presale insights and scoring systems, news feeds and strategy backtesting tools.
One of Dash 2 Trade’s unique selling points against its competitors is its presale token monitoring and assessment system. The system is dedicated to providing presale projects. This can be a very valuable tool for investors, as presales, while still considered risky, have historically yielded the best crypto returns.
Presales analytics are generally not served by trading platforms to date, with some recommending this because it can be difficult to get reliable data. Dash 2 Trade uses a combination of automated systems and human analysts to inform the scoring system.
With approximately 20-30 presales launched per week, it is almost impossible for investors to monitor them all without help. As a result, dashboards are expected to attract significant demand.
Should Investors Buy D2T Dip?
D2T, the token that powers the Dash 2 Trading platform, registered through many centralized and decentralized cryptocurrency exchanges earlier this week.
Things are off to a good start, with D2T hitting $0.06 per token on Wednesday, according to Trading View citing Gate.io exchange data. That is higher than the price paid by presale investors in the last stage of the presale by $0.0556.
However, the sellers have gained control and D2T has been pushed back below $0.02, which is close to 70% of the post-ICO high.
But investors should not lose hope. The basics of the project look good. Beta testing is underway and is attracting a lot of hype. Meanwhile, the launch of the alpha version of the platform’s dashboard remains on track for the next quarter, which will provide Dash 2 Trade with an immediate cash flow that the project can use to expand its development and marketing activities.
Many bulls may be tempted to buy the dip, with D2T now trading at a substantial discount versus the end-of-presale price. Before the listing of the token, some traders, including the popular presale analyst Jacob Crypto Bury, have argued that D2T has taken well to generate 10x returns. Because D2T has dropped from its presale price, investors who buy at current levels could see returns of 20x, or more if they want to reduce volatility over the longer term.