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Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Pagla on December 29, 2021, 10:12:36 AM

Title: DeFi Surges as BTC Plunges Below $48K!
Post by: Pagla on December 29, 2021, 10:12:36 AM
Crypto market crashes down, BTC hits below $48K.
DeFi sector surges up despite the market crash.
Harvest Finance (FARM) surges to 119% and QuickSwap (QUICK) by 36%.
The year end seems to get tougher and tougher as the days closes in. December 28, 2021, the entire crypto market plunged and crashed down adversely. The Bitcoin (BTC) went down below $48K, with a 24 hours fall of about 7.63%. And so, BTC has let down of more than $4k for the past 24 hours.

Despite such conditions, the Decentralized Finance (DeFi) alone owed to be the ray of hope for the dark day. No idea exactly what led to the other, but the overall DeFi industry and it’s tokens took a steep surge. Most of the DeFi tokens surged above 30% gains for the last 24 hours.

Amidst this, certain DeFi tokens performed exponentially, such as the Harvest Finance (FARM), the QuickSwap (QUICK) and much more.

 More Information (https://cryptonews.net/en/news/defi/2949679/)