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Which DeFi Tokens are Worth Investing in (Recommended DeFi Tokens)

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Which DeFi tokens are worth investing in? Recently, there has been a significant

Which DeFi Tokens are Worth Investing in (Recommended DeFi Tokens)

Which DeFi tokens are worth investing in? Recently, there has been a significant rise in the value of DeFi concept tokens. However, some investors have doubts about which DeFi tokens are worth investing in.

Firstly, many project teams have encountered problems in order to attract early-stage funding, resulting in delays in launching the project’s test version. At the same time, these projects have been exploited by certain community members to launch attacks and deceive users, leading to significant losses for many people. Currently, many teams have stopped token issuance and fundraising plans, and some have started shifting towards the DeFi sector. Therefore, the development of such incidents will have a huge impact on the entire industry, especially for enterprises that hope to survive in the market.

Secondly, due to various factors, DeFi, as an emerging concept, is still in its early stages and has certain room for development. In order to become a successful blockchain project and become stronger, the following points must be considered: decentralized exchanges (DEX), stable assets, lending platforms, etc.

However, currently, most mainstream cryptocurrencies are following hot trends, and there is also a large number of “air” projects emerging in the market to attract attention and investment from the public. To a certain extent, this model is unreliable because only a few market projects that truly match this trend can successfully launch products or applications. However, currently, the main reason for considering which DeFi tokens are worth investing in lies in their ecosystem development.

Recommended DeFi Tokens

According to official sources, the recommended DeFi tokens are BTC, ETH, EOS, and other mainstream tokens, which have experienced significant price fluctuations in the past week. The top five tokens in terms of locked value in the DeFi sector are: LINK (KNC), AMPL (ANT), LEND (LRC).

Currently, the market value of the DeFi sector projects is over 10 billion USD, with MKR having the largest share, accounting for about 50%. This is followed by AMPL (MANA) and SNX (SUSHI), with a total market value of over 100 billion USD. These tokens have performed average recently, so blindly buying at high prices is not recommended.

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