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Why did the old DeFi leader CRV rise? Which related tokens are worth paying attention to?
Written by Alex Liu, Foresight News
Curve leads DeFi gains
Bitcoin stagnated at the psychological level of $100,000, while Alts caught up, causing BTC's market share to fall below 55%.
The DeFi sector performed well, rising by more than 20% in the past 7 days, and Curve Finance's token CRV led the DeFi sector with a weekly increase of more than 50%. Among large-cap DeFi tokens, its performance was second only to THE, which was positively affected by Binance's listing, and Curve ecosystem protocol Convex token CVX.
Why can CRV rise, what is its potential, and what other related tokens in the ecosystem are worth paying attention to? The author built a position in CRV below 0.3 and has been "CX" for several months. The following is a brief explanation of the logic of holding CRV.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.