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WOO Network releases their new DEX
Welcome to the fifth Alpha newsletter. We curate alpha for you. That’s it; that’s the newsletter.
You may have heard of WOO Network, you may have not. If not, here’s a bit of spiel:
WOO Network connects traders, exchanges, institutions, and DeFi platforms with democratized access to the best-in-class liquidity and trading execution at zero or low cost.
Today they announced the launch of their new DEX, which sounds rather revolutionary:
Zhu, of Three Arrows Capital, has no clear opinion here, but we’ll take his tweet as confirmation that this WOOFi Swap is something people should take note of.
WoonieXBT breaks it down nicely.
So, what’s the bull case for $WOO the token? It doesn’t really get more bullish than this Chart Simpson thesis.
The elevator pitch for Woo Network’s suite of products courtesy of PandaXBT:
$WOO price comparisons with other defi and cefi platforms.
It’s hard to argue with the fundamentals, and the chart is also looking primed.
Pentoshi recently moved to WOO’s trading platform and he’s a long term holder.
$WOO could be that Q4 gem you are looking for… Let us know in the comments what you think.
And that’s your alpha.