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Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on June 23, 2021, 10:43:32 PM

Title: DeFi Tokens Including Uniswap, Compound and Aave Recoup Losses
Post by: EAA-ALLAH on June 23, 2021, 10:43:32 PM
As the price of Bitcoin (BTC) briefly surpassed the $35,000 mark on Wednesday morning after dropping to a six-month low below $30,000 earlier this week, the overall cryptocurrency market is showing signs of recovery, with the majority of the coins in the green zone at the time of writing.
Tokens representing the booming decentralized finance (DeFi) sector are enjoying a bumper recovery, with many soaring by more than 10%. Uniswap (UNI) has soared by more than 13%, reaching $17.82. With a market cap of $9.3 billion, Uniswap is currently the most valued asset in the DeFi space, and the 11th largest cryptocurrency in the world.COMP, the governance token of Compound, and RUNE, the native token of THORChain both reached local highs of $264.95 and $6.43 respectively, though they've since pulled back to settle at around $257 and $5.90. CAKE, the token underpinning decentralized exchange PancakeSwap, is up nearly 20% to $13.41.Source (https://cryptonews.net/860283/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)