Market Analysis
Last updated
Last updated
Botmoney believes that decentralized exchanges (DEXs) will continue to outperform centralized exchanges as they evolve and offer a wide range of features. As trading volumes increase, users may struggle to make investment decisions based on historical data. The outlook for 2023 remains positive, with significant opportunities in the market.
The trading automation and DeFi market is growing rapidly, driven by the increasing demand for efficient and affordable solutions in the financial sector. As blockchain technology advances, investors and entrepreneurs seek tools that can help them make more assertive investment decisions and efficiently manage their portfolios.
The globalization of financial markets also contributes to the growth of the trading automation and DeFi sector, with a growing number of investors seeking to diversify their investments and explore opportunities in different markets. Botmoney is well positioned to benefit from these trends, offering an advanced and easy-to-use platform that meets the needs of investors and entrepreneurs worldwide.
Market Analysis:
The growth of DEXs in 2022 was impressive, recording record-breaking trading volumes. In 2022, DEXs reported over $1.5 trillion in trading volumes, an increase of approximately 1000% compared to 2021. The NFT industry also saw remarkable growth in 2022 and is expected to reach new heights in 2023. The lack of analytical tools continues to be a challenge for NFT enthusiasts seeking to discover new and exciting projects.
Total Addressable Market: $2.1 trillion Serviceable Addressable Market: Based on the trading volume of DEXs, the serviceable addressable market is estimated at $1.68 trillion, assuming a 20% inflation compared to the previous year. In the last year, the trading volume in the first 3 months was approximately $135 billion.
Serviceable Obtainable Market: $1.68 billion. The marketing strategy will be comprehensive, with a primary focus on DEX and NFT users.
Opportunities for 2023 include the expansion of the DeFi ecosystem, increasing adoption of NFTs, and the development of advanced analytical tools to assist investors and collectors in making informed decisions. Additionally, the integration between DeFi and NFTs can create new business models and investment opportunities.
