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What are the top DeFi coins to invest in 2021?

avatarEmerson Martins BritoDec 29, 2021 · 3 years ago3 answers

Which decentralized finance (DeFi) coins are considered the best investment options for the year 2021? I'm looking for recommendations on DeFi projects with potential for growth and good returns.

What are the top DeFi coins to invest in 2021?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    As an expert in the field of cryptocurrency, I can suggest a few top DeFi coins that have shown promising growth potential. One such coin is Ethereum (ETH), which is the backbone of the DeFi ecosystem and has a strong track record. Another coin to consider is Chainlink (LINK), which provides decentralized oracle services and has gained significant attention in the DeFi space. Additionally, Uniswap (UNI) is a popular decentralized exchange protocol that has gained traction among DeFi enthusiasts. These coins have shown resilience and have the potential for further growth in 2021.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to DeFi coins, it's important to do your own research and consider factors such as the project's team, technology, and community support. While Ethereum is a solid choice, it's always a good idea to diversify your portfolio and consider other DeFi projects as well. Some other notable DeFi coins to look into are Aave (AAVE), Compound (COMP), and Maker (MKR). These coins have gained popularity in the DeFi space and have the potential for significant growth in 2021.
  • avatarDec 29, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, recommends considering the following DeFi coins for investment in 2021: Ethereum (ETH), Chainlink (LINK), and Uniswap (UNI). These coins have shown strong performance in the DeFi market and have the potential for further growth. However, it's important to note that investing in cryptocurrencies carries risks, and it's always advisable to consult with a financial advisor before making any investment decisions.