Decentralized finance (DeFi) protocols have shown resilience after the sharpest dip experienced near mid-May. In the current scenario, Dogecoin and Non-Fungible Tokens (NFTs) are in a craze. However, it is also noteworthy that besides these trending cryptocurrencies, money is also being flooded on another side of the crypto industry. Many have also deemed that the sector is precarious because of its decentralized nature. Still, the entire DeFi sector is rising at a surprising pace.
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