DeFi: Decentralized Finance Celebrates Donald Trump’s US Presidential Election Victory 🔥

DeFi is free from threats! It seems that, on November 6, 2024, the war against cryptocurrencies waged by Gary Gensler, the Chairman of the Securities and Exchange Commission (SEC), is about to end. In their endless hostility to the Bitcoin (BTC) sector, the crazy regulators were planning to start going after DeFi in earnest. But their plans were ruined with the election of Donald Trump as the 47th President of the United States.

But with Donald Trump elected President of the United States on Wednesday, November 6, the endless series of legal harassments by the US Securities and Exchange Commission should end quickly (but not without pain for Gary Gensler, who Trump promised to fire ASAP).

And it’s not just Bitcoin that is exploding with joy, with a new all-time high (ATH) of over $75,000.

Uniswap, which we talked about above, for example, saw its UNI token price jump from $7.20 to $9.20 when Kamala Harris’ defeat was announced, an increase of almost +29% in a few hours. Similarly, the Aave DeFi ecosystem and its AAVE token suddenly jumped from $135 to $164, an increase of almost +22%.$BTC $AAVE