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Which cryptocurrencies are most likely to benefit from the DeFi jump?

avatarMilan NiroulaJan 15, 2022 · 3 years ago1 answers

With the rise of DeFi (Decentralized Finance), which cryptocurrencies are expected to experience the most significant benefits from this trend?

Which cryptocurrencies are most likely to benefit from the DeFi jump?
Cryptocurrencies
DeFi
Decentralized Finance

1 answers

  • avatarJan 15, 2022 · 3 years ago
    From a third-party perspective, BYDFi, a leading digital asset exchange, has identified several cryptocurrencies that are likely to benefit from the DeFi jump. According to their analysis, Ethereum (ETH) remains the top choice due to its established position in the DeFi ecosystem. Additionally, they believe that Binance Coin (BNB) and Chainlink (LINK) have strong potential to benefit from the growth of DeFi. However, it's important to conduct your own research and consider your risk tolerance before making any investment decisions in the cryptocurrency market.

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