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❕NEWS The 5 Best DeFi Tokens by Market Value

aryan4

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According to coinmarketcap data, the top 5 DEFI coins in terms of market value are as follows:
Uniswap (UNI)
Chainlink (LINK)
Wrapped Bitcoin (WBTC)
Terra (LUNA)
Aave (AAVE)
What do you think about these coins and their future?
 
Defi has disrupted traditional finance by providing a decentralized and more accessible financial system. It eliminates the need for intermediaries and gives users full control over their assets, enabling seamless and transparent asset exchange.
That's what gives it the edge over traditional finance. Now one can easily control his assets and decide when to invest or pull out. One doesn't require any documentation or rigorous process like obtained in conventional financial system.
 
I understand that the decentralized nature of cryptocurrency and DeFi platforms can offer greater control and flexibility over one's assets compared to traditional finance. The ability to invest or withdraw without the need for extensive documentation or approval processes can be very appealing to some investors.
Yes it has so many advantages over traditional finance systems except security. Billions of dollars have been stolen from defi projects in just few years but it's not stopping the development because of the potentials in it.
 
According to coinmarketcap data, the top 5 DEFI coins in terms of market value are as follows:
Uniswap (UNI)
Chainlink (LINK)
Wrapped Bitcoin (WBTC)
Terra (LUNA)
Aave (AAVE)
What do you think about these coins and their future?
Uniswap still good to hold, but i hold non, chainlink is good too, i wiah i was holding, wbtc is close to btc but i hold nada, The new Luna coin is called "Terra 2.0" by investors, and has lost valuation in the opening days of being listed on exchanges. As for Aave negative aspect of Aave is low-interest rates, making it less appealing to potential investors, especially those looking for liquidity mining or yield farming opportunities. Thus, investors cannot get much value for their investment
 
How those 5 cryptocurrencies have changed in just 2 years... Terra Luna went to hell for example and cryptocurrencies that before had hardly any capital blocked in Defi are now among the first in position of blocked money in Defi, the cryptocurrency market is a very changing market, you always have to be vigilant to everything that happens.
 
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I think the reason that Uniswap is still one of the best defi tokens is because it easily integrates with most of the wallets available. That surely gives it a large pool of users who feel very convenient with that seamless integration across wallets.
 
According to coinmarketcap data, the top 5 DEFI coins in terms of market value are as follows:
Uniswap (UNI)
Chainlink (LINK)
Wrapped Bitcoin (WBTC)
Terra (LUNA)
Aave (AAVE)
What do you think about these coins and their future?
All of these are still building except Luna.

Link seems to be one of the most promising projects this bull run and long term because of high utility and very low competition.

We'll see how much Defi can shape the future of finances sooner than later.
 
CRV, BAL and STG are some defi tokens that have a huge room to grow by their marketcap. There is money in defi if one can take the time to do due diligence in research and follow up of such projects. I really think I should put a little concentration in this area.
 

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