DODO (DODO) is a decentralized finance (DeFi) protocol designed to enhance on-chain liquidity through its innovative Proactive Market Maker (PMM) algorithm. As of July 2, 2025, DODO is trading at $0.0365, down by -0.83% over the past 24 hours. The token operates primarily on the Ethereum blockchain and has established itself as a notable player in the decentralized exchange (DEX) ecosystem since its launch in September 2020.
With a current market capitalization of $26.5 million**, DODO ranks #569 among all cryptocurrencies. Despite a significant decline from its all-time high of **$6.79 in February 2021, DODO continues to maintain active development, exchange listings, and community engagement.
DODO Price Overview and Market Performance
The current price of DODO reflects ongoing bearish sentiment across multiple technical indicators. Over the last 24 hours, the trading volume reached $3.62 million**, with **99 million DODO tokens** exchanged across 33 exchanges. The coin opened the day at **$0.0362, briefly dipped to $0.0358, and has since attempted a recovery, showing a modest intraday gain of 1.03%.
Compared to recent highs, DODO remains significantly off its peak:
- Down -22.25% from its 30-day high
- Down -7.30% from its 7-day high
- Up 15.19% from its recent low of $0.0317, recorded in June 2025
Yearly and Historical Price Trends
DODO’s price trajectory has been volatile:
- All-Time High (ATH): $6.79 (February 20, 2021)
- 52-Week Range: $0.0317 – $0.2352
- Current Price vs ATH: Down -99.46%
Despite a strong performance in 2021 and early 2022, DODO entered a prolonged bear market, with 2024 and early 2025 reflecting continued downward pressure. The lowest recorded price in recent history was $0.034, just weeks before this analysis.
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DODO Tokenomics: Supply and Distribution
Understanding DODO’s token distribution is essential for evaluating long-term value and decentralization.
Allocation Breakdown
- Community Incentives: 60%
- Team & Advisors: 15%
- Private Sale: 10%
- Seed Round: 6%
- Operations & Marketing: 8%
- IDO Round: 1%
This allocation emphasizes community-driven growth, with the majority of tokens reserved for ecosystem incentives such as liquidity mining and staking rewards.
Circulating and Total Supply
- Circulating Supply: 726 million DODO
- Total Supply: 1 billion DODO
- Fully Diluted Valuation (FDV): $36.5 million
The gap between market cap and FDV suggests potential future selling pressure if additional tokens enter circulation.
Wealth Distribution: Centralization Risks
Wealth concentration is a critical metric in assessing a cryptocurrency’s decentralization.
| Top Holders | Holdings | % of Total Supply |
|---|---|---|
| Top 1–10 | 821.8M | 82.18% |
| 11–100 | 143.5M | 14.35% |
| 101–1000 | 29.7M | 2.97% |
| Others | 5.1M | 0.51% |
The top 10 wallets hold over 82% of the total supply, indicating high centralization. While some may represent exchange wallets (e.g., Binance, OKX), such concentration raises concerns about market manipulation and price volatility.
👉 See how top wallets influence market movements across DeFi tokens
Technical Analysis: Bearish Signals Across Indicators
Multiple technical indicators point to sustained bearish momentum:
Key Metrics (Daily Timeframe)
- RSI (14): 42.75 → Neutral (approaching oversold)
- CCI (20): -71.24 → Neutral
- Williams %R: -45.82 → Neutral
- Ultimate Oscillator: 45.58 → Neutral
Despite neutral oscillator readings, moving averages signal strong sell pressure:
- All SMAs and EMAs (from 10 to 200 periods) are above the current price
- Long-term SMAs (e.g., SMA 200 at $0.08) suggest significant resistance overhead
The consistent "Sell" signals across all moving averages indicate that the downtrend remains intact unless price breaks above $0.044 (SMA 50).
Blockchain Activity and Network Health
On-chain metrics provide insight into user engagement and network vitality.
Recent Activity (Last 24 Hours)
- Transactions: 47
- Avg. Transactions per Hour: ~2
- Token Transfers: 244,405 (since launch)
- Holders: 11,598 unique wallets
While transaction volume is low, this is common for utility tokens focused on liquidity provisioning rather than peer-to-peer transfers.
Notably, the top 100 richest addresses control 97% of the total supply, reinforcing concerns about centralization.
ROI and Volatility: Risk vs Reward
DODO has delivered negative returns over multiple timeframes, reflecting high risk and volatility.
| Metric | Value |
|---|---|
| ROI (3M) | -34.98% |
| ROI (6M) | -77.63% |
| ROI (12M) | -70.70% |
| Volatility (12M) | 109.22% |
| Max Drawdown | -99.63% |
| Winning Days | 48.98% |
The extreme volatility and near-total drawdown from ATH highlight the speculative nature of DODO. Investors should approach with caution, especially given the lack of bullish momentum.
Frequently Asked Questions
Q: What is DODO (DODO) used for?
A: DODO is a DeFi protocol that uses its proprietary Proactive Market Maker (PMM) algorithm to optimize liquidity provisioning, reduce slippage, and minimize impermanent loss for liquidity providers.
Q: Where can I buy DODO tokens?
A: DODO is available on over 33 cryptocurrency exchanges, including major platforms supporting Ethereum-based tokens.
Q: What was DODO’s highest price?
A: DODO reached an all-time high of $6.79 on February 20, 2021.
Q: How many DODO coins are in circulation?
A: There are currently 726 million DODO tokens in circulation, out of a total supply of 1 billion.
Q: Is DODO a good investment?
A: Given its high volatility, bearish technical signals, and concentrated ownership, DODO carries significant risk. It may appeal to speculative traders but is not ideal for conservative investors.
Q: Does DODO have a decentralized exchange platform?
A: Yes, DODO operates a decentralized exchange that supports features like Initial DODO Offerings (IDO), Crowdpooling, and cross-chain integrations with BSC, Polygon, and Arbitrum.
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