Breaking News!!! BlackRock will invest $1 billion in DeFi 1.0!
If you missed the Meme coin on Sol chain and missed the AI coin, don't miss the early opportunity of DeFi 1.0, it will make you millions of dollars. Next, I will introduce what DeFi 1.0 is and 4 potential projects:
DeFi 1.0 is the first wave of decentralized finance, which enables people to invest and trade cryptocurrencies outside of traditional centralized markets. With the support of major players such as BlackRock, DeFi 1.0 may become the next major narrative of the 2024 crypto cycle.
Why I think so, the reasons are as follows:
There are 2 main contradictions in this cycle, ① The economic model of VC tokens is designed for VC profit, making retail traders the exit liquidity; ② Meme coins are controlled by a small number of wallets and are easily manipulated. Therefore, DeFi 1.0 is the best solution for both.
DeFi 1.0 will become a new trend because most of the DeFi 1.0 tokens have been fully unlocked without large-scale VC unlocking. The SEC withdrew its lawsuit against DeFi, providing it with room to grow. BlackRock's first DeFi 1.0 project is Maker.
Invest in DeFi 1.0 now = get 10-100 times profit, here are the 4 most promising projects:
1) @MakerDAO | $MKR
Market value: $2.6 billion
Price: $2,847
MakerDAO is a decentralized platform where users can generate Dai stablecoins using crypto collateral.
Market value: $612 million
Price: $4.364
Pendle is a permissionless yield trading protocol that enables users to manage yield strategies by tokenizing yield, trading on its AMM, and leveraging vePENDLE.
3) @Synthetix | $SNX
Market value: $569 million
Price: $1.913
Synthetix is a decentralized protocol on Ethereum and Optimistic Ethereum that provides liquidity for synthetic assets.
Market value: $838 million
Price: $27
ENS is a Web3 protocol that provides simple, memorable .eth names for crypto addresses, ensuring true ownership and consistency on the Internet.