HomeNewscoinquora.comAnalyst Predicts DeFi Altcoins Set For Bullish Explosion

Analyst Predicts DeFi Altcoins Set For Bullish Explosion

- Advertisement -


  • Sheldon Evans believes that DeFi tokens might go rocket high anytime soon.
  • The top 5 DeFi applications in the DeFi pulse have over $2 billion total value locked (TVL) each.

Sheldon Evans, a crypto enthusiast, and a youtube influencer, believes that DeFi tokens might rocket high anytime soon. In a youtube presentation that Evans created last April 10, he discussed the crypto space’s bullish potential in the days to come.

In fact, the top 5 DeFi applications in the DeFi pulse have over $2 billion total value locked (TVL) each. Truly, a market standing that catches the attention of investors worldwide.

Source: DeFi Pulse
Source: DeFi Pulse

Furthermore, the native digital assets of these top 5 DeFi applications shown above are also making noise in the crypto market. For example, the COMP cryptocurrency, a native token of the Compound protocol has over 24.9% growth rate in the past 24 days.

In addition, the MKR crypto, a governance token of the Maker DeFi protocol, has almost 700% increased rate in the past year. These cryptocurrencies are just some of the active DeFi tokens that are greatly performing in the crypto market.

Meanwhile, as the DeFi tokens continue to make noise in the crypto market, Bitcoin remains as the king of cryptocurrency. As a result, Bitcoin remains to be one of the most favorite digital assets in the crypto space. Today, Bitcoin trades to almost $60k per coin with a whopping market capitalization of over $1 trillion.

Moreover, aside from the DeFi protocol and cryptocurrency, people around the world are now getting crazy over non-fungible tokens (NFT). With all these ongoing achievements in the crypto world, truly the year 2021 is the year of cryptocurrencies.






Source link

- Advertisement -
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
462FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,549FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 38,689.00
ethereum
Ethereum (ETH) $ 2,841.97
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 343.00
litecoin
Litecoin (LTC) $ 123.58
eos
EOS (EOS) $ 2.56
okb
OKB (OKB) $ 23.72
tezos
Tezos (XTZ) $ 3.56
leo-token
LEO Token (LEO) $ 3.81
cardano
Cardano (ADA) $ 1.21
monero
Monero (XMR) $ 183.14
stellar
Stellar (XLM) $ 0.223573
chainlink
Chainlink (LINK) $ 19.32
huobi-token
Huobi Token (HT) $ 9.52
tron
TRON (TRX) $ 0.06641
usd-coin
USD Coin (USDC) $ 0.992773
dash
Dash (DASH) $ 116.66
neo
NEO (NEO) $ 21.95
iota
IOTA (MIOTA) $ 0.96348
nem
NEM (XEM) $ 0.104751
zcash
Zcash (ZEC) $ 112.03
maker
Maker (MKR) $ 1,850.11
paxos-standard
Pax Dollar (USDP) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 28.45
vechain
VeChain (VET) $ 0.064762
true-usd
TrueUSD (TUSD) $ 1.00
ftx-token
FTX Token (FTT) $ 42.94
kucoin-shares
KuCoin Token (KCS) $ 19.14
waves
Waves (WAVES) $ 11.85