Thread by @Littlep_27

1/ Hey #Floki community! Have you ever heard of DEXTools' utility token $DEXT?

Due to the recent partnership I started thinking that you may be interested in discovering $DEXT, a token that has one of the most well-thought tokenomics I've ever seen.

Check this out👇

2/ So, what is $DEXT?

It's the utility token of Dextools.io, the leading platform in #DeFi analysis and trading tools. Holding $DEXT gives you access to premium features on the platform, as well as Dext Force Ventures, the $DEXT whale & investment club.

3/ But $DEXT is more than just a utility token. It lets you benefit from Dextools' revenues and growth simply by holding it. And let me tell you, Dextools has a diversified set of revenue streams that keeps the company profitable and growing.

4/ How does DEXTools make money?

- Banners in app (with 10m+ views/month)
- DextForce ventures fees and profits
- Fees paid by project to update social info on-app
- Fees from on-platform multi-dex aggregator

5/ But DEXTools doesn't just use these revenues to sustain operations and development. They also use them to expand the DEXTools ecosystem and perform acquisitions.

6/ In addition to these revenue streams, all payments made in $DEXT (the cheapest option) for updating social info on-app are burned, while payments made in $BNB and $ETH are used to cover marketing and expansion activities.

7/ And that's not all. The aggregator revenues are fully used to buy back $DEXT from the market and burn it.

These two activities create a constant buy pressure, currently in the 500k to 1M $DEXT per month.

Quite amazing, isn't it? 😎

8/ With a market cap of just $23m,a price of $0.23 and a circulant supply of 101M, $DEXT has a lot of room for growth. And with a locked supply of 39M and 0% to founders, it's a fair and ethical #investment .

9/ There are currently around 15k $DEXT holders, but with over 1M monthly unique users, the potential for growth is enormous!

10/ Dextools is truly a diamond in the rough in the crypto space. As the leader of its niche, it continuously delivers improvements and listens to the community. With 30% buy pressure per month from organic revenues, it's a profitable and growing company without selling tokens!

11/ So, #Floki community, if you're looking for an ethical and profitable investment in the crypto space, $DEXT is definitely worth considering. With incoming features that will only increase its utility and adoption, the future looks bright for #Dextools and $DEXT.