With the rise of memecoins like $TRUMP, the speed and efficiency of decentralized exchanges (DEXs) are outpacing centralized exchanges (CEXs) in the crypto market. $TRUMP, launched on Solana before Donald Trump’s inauguration, saw explosive trading on DEXs like Raydium and Orca while CEXs lagged behind in listing due to bureaucratic processes. This emphasizes the liquidity and speed DEXs offer, crucial in a market where fortunes can change within minutes. CoinGecko co-founder Bobby Ong highlights how the user experience on DEXs has improved dramatically, attracting traders, especially in regions with lower barriers like Southeast Asia where crypto fills investment gaps left by traditional finance. Despite regulatory challenges facing CEXs, which struggle to keep up with fast-evolving crypto assets, DEXs operate freely as smart contracts on blockchains without central oversight. As crypto usage becomes more mainstream, especially among tech-savvy youth in Asia, DEXs may reshape the financial landscape, providing greater access to high-yield opportunities despite existing risks. The speculative nature of crypto continues to draw interest, redefining the market dynamics.

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