💎 Two Ethereum tokens promising for investments in 2024:

➖ Aave for lending. The Total Value Locked (TVL) of the protocol is $10.93 billion, and AAVE's market cap is $1.41 billion. This corresponds to a 0.15 MCap/TVL ratio, indicating an oversold asset with medium- to long-term potential.

™ Considering the expected influx of capital into the ecosystem, Aave could become a preferred method for investors to earn income from ERC-20 tokens through lending or margin trading via borrowing.

➖ Uniswap for trading. The protocol ranks 5th in TVL within the ecosystem. Nonetheless, UNI has a market capitalization of $6.08 billion and a 1.05 MCap/TVL ratio.

💸 Thus, UNI is trading at a fair price based on the total amount of tokens invested in its ecosystem. This means that the token price could proportionately follow any future increases in TVL.

This post is published for informational purposes and is not financial advice. 🔥