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CoinDeal Token Review

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Revainrating 2.5 out of 5  
Rating 
2.5
Crypto Projects, ERC20

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Description of CoinDeal Token

CoinDeal Token (CDL) is a cryptocurrency launched in 2019and operates on the Ethereum platform. CoinDeal Token has a current supply of 50,000,000 with 46,842,401.13997169 in circulation. The last known price of CoinDeal Token is 0.00024464 USD and is up 0.00 over the last 24 hours. It is currently trading on 1 active market(s) with $0.00 traded over the last 24 hours. More information can be found at https://token.coindeal.com/.

Reviews

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Type of review

Revainrating 2 out of 5

There was a dream which crashed and the token is in ashes

Today I am going to write a quite common story in the crypto space. It is mainly about the unfilled dreams. It is about projectswhich are only able to survive in the bullish market enviroments (in these conditions each project looks great from the ivestors point of view). The main issue with the projets such as with the native token Coindeal (CDL) of the exchange bearing same name - Coindeal is that they have higher ambitions and plans than that they would be able to fulfill in the reasonable…

Pros
  • dream and ambition
Cons
  • was not delivered for the long term

Revainrating 3 out of 5

CDL - not a good investment

I have bought a decent amount of CDL as a native token of the exchange of the same name last year because I was lured by the use case as it can be used for lowering fees but what was more important - staking feature. The staking is quite different that you would expect as you can choose to get your gains in BTC or USDT, The yield was pretty high. There was also option to vote for new token to be listed and get reward in CDL for that (there was only conition to hold at least 100 CDL). The…

Pros
  • staking feature
  • lowering fees
  • voting feature
Cons
  • price drop
  • loosing traction