Tokens linked to centralized trading platforms and decentralized exchanges are often a safe long-term investment. WagyuSwap's WAG is no different in this regard, as the first significant price hike is just a glimpse of what's yet to come. The recent 86-fold increase in value is a prelude to what the future holds, as the project has only just begun.
WagyuSwap Momentum is ramping up
Everyone who has successfully invested in WAG presales will be relatively happy with the early market developments. It is promising to see a new spike in symbolic value almost immediately, as it is geUsually a sign of what will happen in the future. The WagyuSwap project launched less than a week ago and had already seen a substantial increase in prices over this period. Not entirely surprising for those who know what the team is building and where this project will go next.
With WAG priced at just $ 0.01, the Initial token sale was made on the two biggest launch pads in the blockchain world. Users could acquire WAG from BSCPad and ETHPad after the WagyuSwap team made the smart decision to respond to multiple ecosystems immediately. As a result, the dual platform IDO has sold out very quickly, mainly due to the technology that powers this ecosystem and the possibilities it opens up.
There is good reason for this first price spike, as it is by no means a pump-and-dump currency. Like the firs The decentralized exchange to be built on the Velas blockchain - a forked version of Solana with aFull EVM compatibility - the project can provide exceptional DeFi user experience. The Velas Network offered its biggest grant to date to the WagyuSwap team to begin building the first decentralized exchange on this blockchain.
The growing success of decentralized finance is tangible, though the industry fails to adopt it. However, with solutions like WagyuSwap, this level of adoption is within reach, as it simplifies the concept of cryptocurrency in many ways.
A powerful tech stack and a bright future
There is much more to WagyuSwap than just being another decentralized trading platform, as the team also provides a platform for future Velas-based projects to add more liquidity and start trading. More important again,WagyuSwap's technology allows users to link tokens across multiple blockchains at incredible speed and very near zero fees. Additionally, this cross-chain compatibility will extend to all blockchains with Ethereum Virtual Machine compatibility, creating an unprecedented interconnected trading experience.
To entice users to give WagyuSwap a try, the team was able to deliver tantalizing staking APYs and farming rates of return that make the other solutions look like a brutal change. The cross-chain nature of this platform will play a crucial role in these proceedings, as the goal is to stay incredibly competitive on all rewards and unlock more profit potential on behalf of users.
As WAG is now listed on PancakeSwap and Uniswap, everyone has the option to invest in the next big decentralized exchange at un early stage. Those who missed out on investing in Uniswap or PancakeSwap at the start now have a new opportunity to be a part of WagyuSwap and the new opportunities it can offer to all investors. As DEXs continue to take market share away from centralized platforms, the opportunities to invest early in powerful platforms will not present themselves too often.
The team forward- Guardian of WagyuSwap is building a sustainable future for cryptocurrencies. Thanks to a recent partnership with Brokoli, all DEX users can help offset the carbon emissions generated by decentralized financial activities. Users can experience real-time climate options through the WagyuSwap dashboard, adding another layer of DeFi innovation to this powerful project.
Start trading WAG today on Uniswap and PancakeSwap !