5 Altcoins with a High Chance of Explosion as December Approaches
COMP, JST, RDNT, SILO and FXS stand out.
In the 2021 bull run, DeFi coins emerged as stars. It also provided significant profits to its investors. Tokens like AAVE and MKR have achieved blue chip status, setting a precedent for the potential in the decentralized finance sector. As the crypto community prepares for the next bull run, it is necessary to strategize and identify promising assets. In this context, DeFi altcoins stand out, offering investors both trading and passive income opportunities. Let's look at 5 altcoins that are extremely likely to explode.
COMP Fuels the Revolution
The first contender on our list is COMP, the protocol token of Compound Finance, a leading lending project on the Ethereum network. Offering users the ability to deposit crypto as collateral and earn annual returns, Compound stands as a formidable force. COMP, which has a market value of 358 million 940 thousand dollars and is priced at $ 52.48, is the coin with the largest market value in our selection. According to DefiLlama data, it has a total locked value of 2 billion 239 million dollars.
JST
RDNT
SILO
FXS