Platform tokens are one of the most visible conceptual categories in the recent upswing in the crypto market, according to CoinmarketCap. Two popular platform tokens with the largest weekly gains of 20% are TT ($1.43) and DYDX ($3.04). In addition, most platform token prices reached new highs in 2023 at the end of February. The price of popular tokens like BTC and ETH held constant in the face of volatility and saw a monthly increase of 3%, driven by the rapid rise of platform tokens. The cryptocurrency market appears to be entering its springtime.
MetaTdex's TT and OKX's OKB are the top two decentralized exchanges (DEXs) and centralized exchanges (CEXs), respectively. Although DEX and CEX platform token increases are normally consistent on a monthly basis, in the most recent week, DEX platform token gains were much higher than those of CEX platform tokens. Particularly TT has a robust growth trajectory. The cost of TT was $0.8 in the start of February. It increased to $1.43 early on February 28 and saw a growth of 77.5% in just one month.
MetaTdex is a decentralized trading platform that covers crypto wallets, DEX, DeFi, GameFi, DAO, NFT, mining pools and other sectors. The daily trading volume exceed 20 million USD. The number of ecological active users has surpassed 250,000 covering more than 20 countries and regions around the world, and a complete DAO node operation center has been established in Dubai and Turkey as the center and Hungary, Serbia, Georgia, Belarus, Thailand, and Malaysia as the sub-centers.
Mission, vision, values, and ecological products driven the realization of global distributed autonomy.
Strategic vision: Committed to becoming a web 3.0 overall solution provider.
At present, the development of mobile internet has reached its heyday, and the new technology of web 3.0 is emerging. The next step of MetaTdex’s plan is to fully integrate the metaverse technology elements and web 3.0 networks ecology based on the advantages of the original platform, and use new technologies to build richer and multi-dimensional decentralized application scenarios to meet the needs of users. Diversified needs of segments. The latest weekly development news of the MetaTdex project. In the past few days, the MetaTdex project recorded growth in key areas, and we are sharing all the information to keep our users and community members up to date.
Product & Technology Development Progress
*Turbo Staking deposit and withdrawal details page was added, and the multilingual content updated.
*Optimization of the transfer page, for trade mining navigation bar adaptation
*Fixed known bugs
Marketing Operations
MetaTdex recently became the first decentralized exchange to receive a DMCC license in Dubai. In this way, MetaTdex’s exchange behavior in Dubai will be legal and compliant, providing policy protection for users.
The Token Economics Reasons for TT Price Growth
What is the rationale behind the three top platform tokens, TT, DYDX, and OKB, in terms of token economics? Token economics incorporates a variety of subject matter, including as mathematics, game theory, supply and demand, incentives, value accumulation, and behavioral psychology. The supply-demand situation is the most important one among them. using TT as an illustration. Let's first consider a few concerns arising from the token supply:
What is the market's available supply of TT right now? 223,049,412.
How much TT is there in overall supply?
The maximum supply of TTs is 1 billion, which is the total quantity of issue. Yet, because mining and burning mechanisms coexist, burning has started before mining has completely stopped. Hence, the TT supply will never exceed 1 billion.
What is TT's market capitalization right now? Market Cap is calculated as Current Price x Circulating Supply. TT's market capitalization at the moment is roughly $319 million ($1.43 * 223,049,412).
What is TT's market cap when fully diluted?
Market Cap Fully Diluted = Price * Maximum Supply TT Market Cap Fully Diluted: $1.43 * $1 billion = $1.43 billion We must project the future evolution of the supply.
Owner of TT? Holders of TT come from several businesses. The distribution of TT holders will increase with the building of the meta-asset bridge.
When can holders sell their TTs, and how?
Users are free to dispose of TTs however they see fit because they are widely used in several crypto sectors. It is uncommon to see a rapid entry of TTs into the market and upset the balance between supply and demand because there is no required lockup for major clients.
Would the supply of tokens be affected by certain policies like deflation and token burning mechanisms? The processes for production reduction and token burning will alter the supply of tokens. The output speed of TT slows down steadily at a consistent rate of 20% per year. Other TT burning modules include the mining pool, trade mining, secondary market repurchase, and others. More than 104 million TTs had been consumed as of March 1, 2023. The long run, The burning process will also cause the output speed of TT to decrease annually. Moreover, TT users will typically be diverse. Generally speaking, there will always be more demand for TT than there is supply.
Fundamental Reasons for TT Price Growth: Supply Stability and Positive Expectations
Let's think about the variables that will influence the anticipated TT demand now that we have a better knowledge of the token economics supply mechanism.
Improvement of Liquidity: At the beginning of February, the MetaTdex decentralized exchange (a TT issuer) introduced a trade mining service on the Polygon blockchain, boosting TT liquidity with a high turnover rate.
Liquidity Injection: After almost 100 global community campaigns, TT-DAO has increased holdings, consensus, and liquidity.
Value Accumulation & Growing Expectation: Investing in Hong Kong equities has become more challenging as a result of the strong KYC requirements and tightening laws in place. Yet, MetaTdex's two novel ideas—crypto-stock interoperability and meta-asset bridge—offer a fresh approach to investing in RWAs (Real World Assets) in the form of Web3.0 assets, creating a liquidity access for the two capital markets. As this is happening, the publication of MetaTdex's roadmap to the Hong Kong stock market, along with the continuous advancement of the asset securitization and Hong Kong listing processes, further boosts the circulation value of TT, leading to sustained and consistent increases in expectations.
Earnings-Guaranteed Liquidity Guarantee Mechanism: "Earn" Investment Plan for TT
Launched by MetaTdex, "Earn" offers a 7-day, unconditional return policy. In the cryptocurrency business, and particularly the cryptocurrency exchange market, this kind of service is unheard of. For TT, ETH, and SHIB at the moment, MetaTdex offers a 7-day unconditional refund service. Users no longer have to be concerned about the asset shrinkage resulting from declining token prices when purchasing crypto assets through the Earn conversion pool. The Earn conversion pool's daily quota is 8 ETH, 20,000 TTs, and 1 billion SHIBs. In general, users must accept risks while investing in platform tokens. Yet, "Earn" provides consumers with a reliable investment plan that is supported by on-chain smart contracts. Users can receive similar payouts if the price of TT increases; Users can refund at the purchase price if the TT price drops to prevent principal loss. This platform-based liquidity guarantee method has the capacity to increase TT's potential for value growth.
TT Acquisition Methods
For more information and update follow MetaTdex on the following official handles:
Official website || Twitter || Telegram
MetaTdex's TT and OKX's OKB are the top two decentralized exchanges (DEXs) and centralized exchanges (CEXs), respectively. Although DEX and CEX platform token increases are normally consistent on a monthly basis, in the most recent week, DEX platform token gains were much higher than those of CEX platform tokens. Particularly TT has a robust growth trajectory. The cost of TT was $0.8 in the start of February. It increased to $1.43 early on February 28 and saw a growth of 77.5% in just one month.
MetaTdex is a decentralized trading platform that covers crypto wallets, DEX, DeFi, GameFi, DAO, NFT, mining pools and other sectors. The daily trading volume exceed 20 million USD. The number of ecological active users has surpassed 250,000 covering more than 20 countries and regions around the world, and a complete DAO node operation center has been established in Dubai and Turkey as the center and Hungary, Serbia, Georgia, Belarus, Thailand, and Malaysia as the sub-centers.
Mission, vision, values, and ecological products driven the realization of global distributed autonomy.
Strategic vision: Committed to becoming a web 3.0 overall solution provider.
At present, the development of mobile internet has reached its heyday, and the new technology of web 3.0 is emerging. The next step of MetaTdex’s plan is to fully integrate the metaverse technology elements and web 3.0 networks ecology based on the advantages of the original platform, and use new technologies to build richer and multi-dimensional decentralized application scenarios to meet the needs of users. Diversified needs of segments. The latest weekly development news of the MetaTdex project. In the past few days, the MetaTdex project recorded growth in key areas, and we are sharing all the information to keep our users and community members up to date.
Product & Technology Development Progress
*Turbo Staking deposit and withdrawal details page was added, and the multilingual content updated.
*Optimization of the transfer page, for trade mining navigation bar adaptation
*Fixed known bugs
Marketing Operations
MetaTdex recently became the first decentralized exchange to receive a DMCC license in Dubai. In this way, MetaTdex’s exchange behavior in Dubai will be legal and compliant, providing policy protection for users.
The Token Economics Reasons for TT Price Growth
What is the rationale behind the three top platform tokens, TT, DYDX, and OKB, in terms of token economics? Token economics incorporates a variety of subject matter, including as mathematics, game theory, supply and demand, incentives, value accumulation, and behavioral psychology. The supply-demand situation is the most important one among them. using TT as an illustration. Let's first consider a few concerns arising from the token supply:
What is the market's available supply of TT right now? 223,049,412.
How much TT is there in overall supply?
The maximum supply of TTs is 1 billion, which is the total quantity of issue. Yet, because mining and burning mechanisms coexist, burning has started before mining has completely stopped. Hence, the TT supply will never exceed 1 billion.
What is TT's market capitalization right now? Market Cap is calculated as Current Price x Circulating Supply. TT's market capitalization at the moment is roughly $319 million ($1.43 * 223,049,412).
What is TT's market cap when fully diluted?
Market Cap Fully Diluted = Price * Maximum Supply TT Market Cap Fully Diluted: $1.43 * $1 billion = $1.43 billion We must project the future evolution of the supply.
Owner of TT? Holders of TT come from several businesses. The distribution of TT holders will increase with the building of the meta-asset bridge.
When can holders sell their TTs, and how?
Users are free to dispose of TTs however they see fit because they are widely used in several crypto sectors. It is uncommon to see a rapid entry of TTs into the market and upset the balance between supply and demand because there is no required lockup for major clients.
Would the supply of tokens be affected by certain policies like deflation and token burning mechanisms? The processes for production reduction and token burning will alter the supply of tokens. The output speed of TT slows down steadily at a consistent rate of 20% per year. Other TT burning modules include the mining pool, trade mining, secondary market repurchase, and others. More than 104 million TTs had been consumed as of March 1, 2023. The long run, The burning process will also cause the output speed of TT to decrease annually. Moreover, TT users will typically be diverse. Generally speaking, there will always be more demand for TT than there is supply.
Fundamental Reasons for TT Price Growth: Supply Stability and Positive Expectations
Let's think about the variables that will influence the anticipated TT demand now that we have a better knowledge of the token economics supply mechanism.
Improvement of Liquidity: At the beginning of February, the MetaTdex decentralized exchange (a TT issuer) introduced a trade mining service on the Polygon blockchain, boosting TT liquidity with a high turnover rate.
Liquidity Injection: After almost 100 global community campaigns, TT-DAO has increased holdings, consensus, and liquidity.
Value Accumulation & Growing Expectation: Investing in Hong Kong equities has become more challenging as a result of the strong KYC requirements and tightening laws in place. Yet, MetaTdex's two novel ideas—crypto-stock interoperability and meta-asset bridge—offer a fresh approach to investing in RWAs (Real World Assets) in the form of Web3.0 assets, creating a liquidity access for the two capital markets. As this is happening, the publication of MetaTdex's roadmap to the Hong Kong stock market, along with the continuous advancement of the asset securitization and Hong Kong listing processes, further boosts the circulation value of TT, leading to sustained and consistent increases in expectations.
Earnings-Guaranteed Liquidity Guarantee Mechanism: "Earn" Investment Plan for TT
Launched by MetaTdex, "Earn" offers a 7-day, unconditional return policy. In the cryptocurrency business, and particularly the cryptocurrency exchange market, this kind of service is unheard of. For TT, ETH, and SHIB at the moment, MetaTdex offers a 7-day unconditional refund service. Users no longer have to be concerned about the asset shrinkage resulting from declining token prices when purchasing crypto assets through the Earn conversion pool. The Earn conversion pool's daily quota is 8 ETH, 20,000 TTs, and 1 billion SHIBs. In general, users must accept risks while investing in platform tokens. Yet, "Earn" provides consumers with a reliable investment plan that is supported by on-chain smart contracts. Users can receive similar payouts if the price of TT increases; Users can refund at the purchase price if the TT price drops to prevent principal loss. This platform-based liquidity guarantee method has the capacity to increase TT's potential for value growth.
TT Acquisition Methods
- MetaTdex decentralized exchange. TT is the value carrier of MetaTdex ecosystem, while MetaTdex is the core channel for users to conduct TT investments.
- secondary market conversion. There are multiple TT trading pairs in the spot trading market of MetaTdex, which can be utilized to convert for TT.
- trade mining. Users can obtain TT incentives via USDT/TT and MATIC/USDT transactions. If users trade on the Polygon chain of MetaTdex, they can split a daily prize pool of 27,000 TTs according to their trading volume proportion.
- Turbo Staking. Users can enjoy multiple yields by putting their TTs in the sharing pool of Turbo ecosystem.
- Token-Held Mining: The larger the quantity of TT is, the higher the computing power will be. When mining out 5,000 TTs, the computing power will be increased by 20% on the original basis.
- Time-Based Computing Power: The longer the mining time is, the higher the time-based computing power and yields will be.
- Build a mining farm and enjoy much higher yields. For example, if the token-held mining amount of a user is 500 TTs, he will get a 70%-250% yield generated from the mining farm.
For more information and update follow MetaTdex on the following official handles:
Official website || Twitter || Telegram
