Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => DeFi tokens => Topic started by: AvatarSiri on April 20, 2024, 02:16:11 PM

Title: What's on your Defi token list..
Post by: AvatarSiri on April 20, 2024, 02:16:11 PM
Hey mates, just a quick one. Now that Bitcoin halving is completed, I'm looking to accumulate some defi token. I've got ftm, inj and recently wormhole. Anyone else you think I should add, share the DEFI projects you're monitoring..

And also, What's the possibility of DeFi dominating the market in this run?
Title: Re: What's on your Defi token list..
Post by: MrSpasybo on April 22, 2024, 01:45:27 AM
Quote from: AvatarSiri on April 20, 2024, 02:16:11 PM
Hey mates, just a quick one. Now that Bitcoin halving is completed, I'm looking to accumulate some defi token. I've got ftm, inj and recently wormhole. Anyone else you think I should add, share the DEFI projects you're monitoring..

And also, What's the possibility of DeFi dominating the market in this run?
You can refer to the DeFi List on Coinmarketcap to see the top tokens in DeFi. In addition to native tokens like AVAX, ICP, FTM, some really attractive DeFi tokens that I am interested in are: LINK (oracle), DAI (stablecoin), UNI (DEX), MKR (Lending), LDO (LSD), AAVE, ENA.

I hope they will have strong growth in the near future as the DeFi summer returns and attracts new capital to the market thanks to extremely attractive APRs.
Title: Re: What's on your Defi token list..
Post by: AvatarSiri on April 22, 2024, 07:07:44 AM
Quote from: MrSpasybo on April 22, 2024, 01:45:27 AM
Quote from: AvatarSiri on April 20, 2024, 02:16:11 PM
Hey mates, just a quick one. Now that Bitcoin halving is completed, I'm looking to accumulate some defi token. I've got ftm, inj and recently wormhole. Anyone else you think I should add, share the DEFI projects you're monitoring..

And also, What's the possibility of DeFi dominating the market in this run?
You can refer to the DeFi List on Coinmarketcap to see the top tokens in DeFi. In addition to native tokens like AVAX, ICP, FTM, some really attractive DeFi tokens that I am interested in are: LINK (oracle), DAI (stablecoin), UNI (DEX), MKR (Lending), LDO (LSD), AAVE, ENA.

I hope they will have strong growth in the near future as the DeFi summer returns and attracts new capital to the market thanks to extremely attractive APRs.
  • Coinmarketcap: DeFi list (https://coinmarketcap.com/view/defi/)
This helps mate. Already gone through, but most of these are already above 500M in mcap which for a small trader, might be difficult to do some good numbers. But I found one that kinda got me attracted, below 200m mcap. Alephuim, heard of it?
(https://i.ibb.co/SrJ2k5h/IMG-20240422-060510.jpg) (https://ibb.co/KwmYtbM)
Title: Re: What's on your Defi token list..
Post by: RidwanMalik on April 22, 2024, 05:42:37 PM
Quote from: AvatarSiri on April 22, 2024, 07:07:44 AM
Quote from: MrSpasybo on April 22, 2024, 01:45:27 AM
Quote from: AvatarSiri on April 20, 2024, 02:16:11 PM
Hey mates, just a quick one. Now that Bitcoin halving is completed, I'm looking to accumulate some defi token. I've got ftm, inj and recently wormhole. Anyone else you think I should add, share the DEFI projects you're monitoring..

And also, What's the possibility of DeFi dominating the market in this run?
You can refer to the DeFi List on Coinmarketcap to see the top tokens in DeFi. In addition to native tokens like AVAX, ICP, FTM, some really attractive DeFi tokens that I am interested in are: LINK (oracle), DAI (stablecoin), UNI (DEX), MKR (Lending), LDO (LSD), AAVE, ENA.

I hope they will have strong growth in the near future as the DeFi summer returns and attracts new capital to the market thanks to extremely attractive APRs.
  • Coinmarketcap: DeFi list (https://coinmarketcap.com/view/defi/)
This helps mate. Already gone through, but most of these are already above 500M in mcap which for a small trader, might be difficult to do some good numbers. But I found one that kinda got me attracted, below 200m mcap. Alephuim, heard of it?
(https://i.ibb.co/SrJ2k5h/IMG-20240422-060510.jpg) (https://ibb.co/KwmYtbM)

I checked this project on Bitget. It looks like a good project and it's a good competitor to KASPA, Since it shares some similarities with KASPA, both aiming to address scalability challenges in blockchain technology. The current price of ALPH might be attractive to some investors interested in the project's potential. So I guess I might get a bag of it. I actually have some KAS, so I'll see which one does better in price comparison and growth especially.
Title: Re: What's on your Defi token list..
Post by: joniboini on April 22, 2024, 07:27:47 PM
Quote from: AvatarSiri on April 22, 2024, 07:07:44 AM
This helps mate. Already gone through, but most of these are already above 500M in mcap which for a small trader, might be difficult to do some good numbers.
So you're looking for small projects that have the potential to do 10x from a 1 million marketcap or so? It will be incredibly risky and not a lot of people will shill for projects like that. Most of the time they're just gambling with their pick anyway. Another thing you need to consider is the hype for projects with bigger MC is usually higher when the alt season hit, even though they don't really release anything compared to small marketcap projects. So while the return is probably not as big as small MC projects when you hit the jackpot, it is more consistent. Personally, I've been holding SHR, but I don't recommend you buy them unless you know the risk etc. DWYOR and DYOR.