Happy weekend!
Four months ago, Marsbit boldly predicted that the turning point for the DeFi track may have quietly arrived, and many high-quality projects have welcomed a good opportunity for layout.
Four months later, the DeFi market has proven the correctness of this prophecy through a series of impressive data. From token performance, total market locked value, to key indicators like lending volume, all show a strong recovery momentum. This indicates that the once sluggish DeFi market is rising from its lows, laying down a more solid economic foundation and innovative path.
Waking up, ETH is close to a new high in recent years and is about to break historical records.
The DeFi track is accelerating its efforts.
It all started with CZ's speech on November 26, where he mentioned that meme coins have gone a bit off track and that support for DeFi infrastructure is needed.
So, if you want to make money, you still have to mix with BN.
Whatever he does, it gains popularity, or rather, their vision always sees further than ordinary people.
➜ $UNI
▶ Market capitalization: $10.838 billion
▶ 24-hour trading volume: $1.963 billion
The current price of Uniswap (UNI) is $18.06, with a 24-hour trading volume of $1,962,502,512. This indicates that the price has risen by 10.11% in the past 24 hours and 39.62% over the past 7 days.
As a leading project in the DeFi field, Uniswap's platform token UNI has unique value.
It relies on the powerful decentralized trading platform Uniswap.
Playing a key role in the DeFi ecosystem, whether in liquidity mining or trading fee distribution, has endowed UNI with intrinsic value, making it one of the important targets for investment in the DeFi sector.
➜ $SUSHI
▶ Market capitalization: $387 million
▶ 24-hour trading volume: $565 million
The current price of Sushi (SUSHI) is $2.01, with a 24-hour trading volume of $564,539,517. This indicates that the price has risen by 24.71% in the past 24 hours and 64.17% over the past 7 days.
The first DeFi coin, which has a certain pioneering significance in the crypto circle, is the token of the decentralized exchange SushiSwap.
The power of the capital behind SUSHI is enormous; I am convinced that SUSHI has been manipulated by speculative capital.
Whether it's speculation or deliberate defamation, the purpose is to force everyone to sell their tokens so that speculative capital can gain greater control.
➜ $AAVE
▶ Market capitalization: $4.349 billion
▶ 24-hour trading volume: $1.144 billion
The current price of Aave (AAVE) is $289.76, with a 24-hour trading volume of $1,144,240,621. This indicates that the price has risen by 11.82% in the past 24 hours and 41.22% over the past 7 days.
AAVE is a decentralized lending platform where you can deposit or borrow cryptocurrencies.
With the rapid development of the crypto lending market, AAVE is expected to become a leader in this field!
➜ $YFI
▶ Market capitalization: $445 million
▶ 24-hour trading volume: $357 million
The current price of yearn.finance (YFI) is $13,244.52, with a 24-hour trading volume of $356,762,477. This indicates that the price has risen by 11.93% in the past 24 hours and 71.40% over the past 7 days.
YFI, commonly known as 'Big Uncle', is a cryptocurrency that has no private placement, no team tokens, and is 100% mined by the community.
This YFI (Big Uncle) has undergone a transformation from being worthless to skyrocketing, with prices rising over ten thousand times in 43 days, earning the titles of 'Bitcoin of the DeFi world' and 'King of DeFi'.
