Is Aurox Token (URUS) A Good Investment?

Introduction

The Aurox Token is the native cryptocurrency of Aurox, a unique crypto trading terminal that is popular globally. Aurox aims to extremely simplify crypto trading and help traders make financial decisions more confidently. To do so, the Aurox team has developed multiple features, including proprietary alerts and indicators and innovative lending and trading protocols.

Decentralized Exchange (DEX) is the fastest-growing segment of the DeFi world. However, there are some severe limitations and shortfalls in the current DEXs, such as Uniswap. The most important limitations are high transaction costs, low performance, and issues with price execution.

On the other hand, DeFi lending is also facing limitations and challenges like liquidation and declining yields.

Aurox came to play to solve the limitations of DEX as well as DeFi by providing a robust order execution platform that offers speed and low cost through the elimination of smart contracts. 

How Does Aurox Token Work

Aurox comprises two integrated platforms; Aurox Trade, a centralized cryptocurrency exchange with margin capability, and Aurox Lend, a decentralized lending and borrowing platform forked from Compound.

Aurox is the first platform to combine a centralized exchange with a decentralized lending and borrowing platform. Combining these two separate financial services products is what makes Aurox unique.

DeFi lenders can achieve highly competitive yields since they lend to margin traders who pay a strong yield. On the other hand, traders gain access to highly competitive margin rates since the centralized lenders like banks are removed from the system, and instead, DeFi lenders provide the funds. The entire ecosystem locks all collateral, loans, and margined positions to maximize lender protection and safeguard against loss.

Financial Analysis

Aurox Token's market capitalization has increased continuously over the last two months, leading to the rank of 475 among all cryptocurrency projects of the market with over $97 million value. Its price also saw a sharp jump over the same period, starting at $13.38 on September 2, 2021, reaching $175.08 on October 27. However, URUS's liquidity score is 19% below the market's average score, making it relatively more challenging to sell in bear markets.

Gaining public attention is another critical factor in determining if a project could be successful or not. Our data show that URUS's popularity on Twitter increased by 52% over the last two months. Moreover, Telegram saw a 19% growth in URUS's popularity.

Although it is too soon to talk about annual Return On Investment (ROI), if you had invested in URUS a month ago, you could enjoy a 240% profit!

You are saying that Aurox Token is the best cryptocurrency to invest in?

We are here to help you make smarter financial decisions by freeing up your intelligence through making it easy to compare thousands of coins. We do all the hard work for you and help you remove emotions from your decisions. However, making an investment decision requires considering your own financial situation and comparing your investment options.

To see our reports and easily compare the available investment options, check out our website.