16th December 2022
Dextools.io is a decentralized finance application built as a crucial tool for crypto traders to monitor price movement, charts and live market data for crypto tokens across multiple chains, including BSC (Binance Smart Chain) and ETH (Ethereum).
Dextools receives over 8 million visits each month, and is one of the most used charting tools available in de-fi.
The Hot Pairs section on Dextools features as a scrolling bar at the top of every page, and also features on the home page.
It is widely known as being one of the most coveted positions for a crypto token to appear. In an industry where 9 out of 10 tokens die or fail within a few days, a placement on Dextools trending ensures project longetivity, and maximum exposure. It is often highly sought after, however there are only 12 spaces available.
Projects often make it one of their marketing goals to appear here, as the placement allows them to attract more holders, boost growth and gain maximum exposure.
At the time of writing (December 2022) in order for a token to trend on Dextools organically, projects would need all of the following requirements to be met:
The relatively high threshold is why you often see much larger established projects appear in the trending section more frequently.
Projects with metrics far below what is stated above are often seen trending on Dextools , as they are using a paid Dextools Trending Service to trend their token for a fixed period of time, with fees ranging between $4k and $12k depending on the provider.
This allows newer tokens with lower requirements to attract more investors, and benefit from high daily volumes.
On average, tokens that appear on a Dextools Trending Hot Pairs are able to achieve daily volumes of $750,000 to $1 million, which can be used to generate taxes to fund further development of their project.
A token with a 5% buy/sell tax on $1,000,000 daily volumes would generate $50,000 per day.
A token with a 10% buy/sell tax on $1,000,000 daily volumes would generate $100,000 per day.
A token with a 20% buy/sell tax on $1,000,000 daily volumes would generate $200,000 per day.
During the crypto bullrun of 2020/2021 many tokens were setting 20 to 25% buy/sell tax, whilst achieving more than triple the volumes stated above.
GET IN TOUCH
© COPYRIGHT 2023, ALL RIGHTS RESERVED