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Whales Hold More Than 23% of CandyDEX Tokens – BeInCrypto

Crptoz by Crptoz
June 9, 2022
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CandyDEX token ready to land, Big Whale holds over 23% of the CANDYDEX tokens.

  • 48.4 Million Candidex Tokens Bought by Crypto Whales
  • 160k+ Account Holders
  • We Build the World’s Best DEX Platform with Multi Network Support
  • Diversified ecosystem: financial services, exchanges and swaps
  • Experienced Team: The Leaders Bringing You Gate.io, Uniswap and Convex Finance
  • Have burned 16% of Candidex tokens as initial move
  • Token audited by reputed firms

CandyDEX (CANDYDEX) is the top cryptocurrencies that were predicted to do well this month, and the coin has done so so far.

CandyDEX IDO price has been one of the best performing crypto IDO sales today compared to the biggest cryptocurrencies such as Uniswap and 1Inch.

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

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

CandiDex’s performance since April has been incredible. The coin is skyrocketing while most cryptocurrencies are falling.

During the market slump over the past few days since last month, Candidex was among the tokens that maintained bullish growth during the bearish market.

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

The CandyDEX team has also promised to add a final DEX platform with Multichain Network to the project by the end of 2022.

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

Why do whales buy Candidex tokens?

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

We are seeing that some investors are actively pursuing systematic investment plans in Bitcoin (BTC) and Ethereum (ETH) instead of investing a lump sum amount in these cryptocurrencies.

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

Whales have been interested in CANYDEX investments for a short time. The scenario has recently taken a bullish upward path as CANDYDEX IDO has gone well as the only crypto that is performing well in the current market.

Recently, according to the latest reports, 4 major crypto whales have bought 48.4 million CANDYDEX tokens worth $4.84M.

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

Another bought 11.6 million Candidex tokens in a single transaction for $1.16 million. And another bought 14 million CANYDEX tokens in a single transaction worth $1.4M.

During the acute phase of the Russia-Ukraine failure, crypto whales were found moving their funds to CANDYDEX.

Statistically, this has been such a huge achievement for Candidex that it may have made history.

After all, there has hardly been a token that has managed to garner such a huge amount of attractiveness during the token sale in a span of just 45 days before.

How high will the token reach?

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

Everyone will get a profit of 500X, and the price for the second round will be $0.5. So if this happens, the third round could see the coin exceed 1,000x the price and possibly the highest price of 2022, making CANYDEX the first DEX token to achieve this precious mark.

What is Candidex Token?

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

Trading in the 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 the Polygon Smart Chain (MATIC).

Unlike other decentralized exchanges, CANDYDEX tokens allow holders to buy in ETH, BNB, MATIC, AVAX, FTM and TRON-based crypto coins, known as “swaps”.

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

Candidex IDO Sales

CANDYDEX will make an initial DEX offering on April 25th. IDO will be on CANYDEX.

  • Round 1: 25/4/2022, Price: $0.1
  • Round 2: To be announced after Round 1, Price: $0.5
  • Round 3: To be announced after Round 2, Price: $1

Bonus on IDO Sale Round 1

After an oversubscribed and successful pre-IDO sale, Candidex has officially hit its 5.5 million target.

The sale will be extended as their IDO sale is delayed due to market volatility, as agreed prior to the start of the second round of sales, with the last closing time being 4PM EST, June 16, 2022 Will happen.

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

Here you can find more information about Candidex tokens:

Official Website | Telegram Announcement Channel | Official Telegram | Twitter , Instagram | medium | Candidex Airdrop

Disclaimer

All information contained on our website is published in good faith and for general information purposes only. Any action taken by readers on information found on our website is strictly at their own risk.


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