I recently read a blog post from Binance titled "Key Trends in Crypto – March 2024":
- In February, total crypto value went up by 40% due to the launch of Bitcoin ETF. People are pouring money into crypto, and it's pushing prices up.
- The total amount of money locked up in DeFi projects jumped by 50% in February.
My personal take on these key trends:
- One of the big DeFi winners is Solana (click here for more insights), with tokenless protocols like Kamino Finance promising juicy airdrops.
- Decentralization is key! That's the whole point of crypto, and too many people forget it. By the way, there is an excellent documentary on FTX & SBF crash on Amazon Prime currently... Click on this link to watch it (30-day free trial).
Happy crypto-ing to everyone! As usual, this is not financial advice. DYOR is your best friend.
P.S.: If you cannot watch the documentary on SBF for free on Amazon Prime in your area, you may find some other good stuff on this platform... Just type "crypto" or "blockchain" in the search engine of Amazon Prime and enjoy!