Although Binance is one of the biggest players in the crypto sector, analysts predict it may face stiff competition from upcoming decentralized exchange Fezu (FEZ). Mantle (MNT) and Monero (XMR) holder thinks Fezoo (FEZ) is his best new crypto to buy in 2024. While Monero (XMR) suffered a setback by being delisted on Binance, Mantle (MNT) Network recently completed a mainnet upgrade.
Is Fezoo (FEZ) the dark horse that Mantle (MNT) and Monero (XMR) proponents think it is?
Mantle (MNT) Network Begins Mainnet Upgrade
Mantle Network (MNT) announced on March 15 that it reached a key milestone with the completion of the Mainnet v2 Tectonic upgrade, marking a pivotal moment in the evolution of its Layer 2 platform. This upgrade not only promises to reduce gas fees, but also enhances interoperability with the Ethereum Virtual Machine (EVM). With this upgrade, Mantle (MNT) Network aims to solidify its position as the leading Ethereum (ETH) Layer 2 solution. To ensure maximum security and reliability, Mantle (MNT) Network's mainnet undergoes rigorous auditing.
Despite the upgrade, Mantle (MNT) price has dropped significantly. Mantle (MNT) price has declined by approximately 6.74% over the past week after falling from $0.9956 on March 14th to $0.8391 on March 22nd. After a significant decline, Mantle (MNT) investors allocated some of their funds to Fezu (FEZ). Its high growth potential.
Monero (XMR) recovers from Binance delisting
Binance, the world's largest cryptocurrency exchange by market capitalization, surprised the cryptocurrency world by delisting Monero (XMR) from its platform on February 20th. After the announcement, Monero (XMR) fell from $165 on February 6th to a low of $105. On February 5th, it showed a 36% decline. Monero (XMR) has since recovered from its February lows and was trading at $140.07 on March 21st, representing a 34% increase.
Monero (XMR) is a privacy token and could face similar actions from other exchanges if regulatory pressure continues in the market. Because of this, Monero (XMR) investors are shifting their attention to his Fezoo (FEZ), a new DEX that could benefit Binance.
Can Fezoo (FEZ) compete with Binance?
Investors are betting that new decentralized exchange Fezoo (FEZ) could reduce Binance's dominance in the crypto space. Fezoo (FEZ) has emerged as a frontrunner in revolutionizing trader connectivity through its innovative decentralized exchange platform. This state-of-the-art exchange promises super-fast deposits and withdrawals and low fees.
Fezoo (FEZ) offers attractive rewards for early investors. These benefits include early access to the platform and unique revenue sharing opportunities, increasing your potential for profitable passive income.
Fezoo (FEZ) is winning the hearts of Mantle (MN) and Monero (XMR) investors who consider it the next best new decentralized exchange to trade.For more information on the Fezoo (FEZ) presale, please visit the website. here.
