BlackRock’s interest in DeFi 1.0 projects has caught the attention of many crypto enthusiasts. Let’s explore some of the tokens they might consider, along with their potential for growth:
MakerDAO is an OG project that pioneered decentralized lending and borrowing.
It operates independently of traditional finance systems.
BlackRock’s interest in MakerDAO suggests confidence in its stability and potential.
Market Cap: Not specified in the provided information.
Despite being categorized as DeFi 2.0, Pendle Finance stands out.It avoids VC control, with an FDV (Fully Diluted Valuation) significantly higher than its market cap.The project has already delivered substantial returns and may continue to do so.Price: $4.43Market Cap: $688.94 million.
Synthetix enables trading of synthetic assets tied to real-world assets (like oil) without physically owning them.Its technology has broad applications and long-term growth potential.Price: $1.89Market Cap: $620.1 million.
Rocket Pool (#RPL ):
Rocket Pool is a decentralized Ethereum 2.0 protocol for staking #ETH🔥🔥🔥🔥 and running nodes.
Its growth depends on Ethereum’s hype, making it an attractive opportunity.
Price: $17.30
Market Cap: $355.09 million.
ENS provides memorable .eth names for Ethereum wallets.Its growth correlates with increasing interest in crypto.A good long-term token.Price: $27.58Market Cap: $877 million.
Compound (#COMPUSTD🔥🔥🔥🔥 )
Compound offers a decentralized lending and borrowing platform on Ethereum.BlackRock’s interest in OG projects like Compound could drive mass adoption.Price: $50.84Market Cap: $348.58 million.
Pepecoin (#pepe⚡ )
A meme coin with a large community, even bigger than Shiba Inu (#SHIB).Speculation suggests it may outperform Shiba this cycle.Price: $0.0000106Market Cap: $4.45 billion.Remember to DYOR (Do Your Own Research)
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