⭐ DeFi Tokens Record ⭐

By MISSSUAREZ | SS-News & Experiences | 21 Nov 2020


DeFi Tokens Record Triple Digit Gains As Bitcoin Price Seeks Support.

As Bitcoin bulls attempt to turn $ 18,000 into support, DeFi investors are pocketing large triple-digit sums.

Since reaching $ 18,476 on November 17, the price of Bitcoin has been flirting with the $ 18,000 level as the bulls struggle to turn the level into support and chase the all-time high of $ 19,789.

As shown in Messari's DeFi Asset Index, many of the major tokens are posting significant double-digit gains.

In the past 7 days, AAVE bounced off its double bottom to rise 214% and is currently trading slightly above $ 80.

Even Curve Finance's CRV governance token - one that many crypto investors have described as completely lagging behind - achieved a clean double bottom investment and rallied 176% to $ 0.84.

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The SushiSwap Governance Token (SUSHI) also caught the attention of investors after losing more than 95% of its value in September, when Chef Nomi, the development lead, dumped approximately $ 13 million in SUSHI in the open market.

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MISSSUAREZ
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