Currently, the sentiment in the crypto market is bullish neutral. After the exhilarating last few months, which saw the prices of most DeFi assets go through the roof. The market took a little pause but appears to be returning back again. During this time, many quality projects saw their token prices decrease massively, which are yet to recover their previous levels. Let’s have a look at the 5 most attractive DeFi/NFT investments.
5. Bancor (BNT)
Bancor has had a wild and volatile last couple of months. The price rose from $0.28 in Mar to nearly $2.5 in Aug. In the recent carnage, however it went down below $1 and is currently hovering around the $0.75 mark. The project’s potential as one of the leading AMMs remains intact, with the launch of the recent Bancor v2.1 upgrade.
4. Meme (MEME)
Meme started a new field of Decentralized Finance (DeFi) infused Non Fungible Tokens (NFT). The project focusing on collectible cards minting mechanism through a secondary token called Pineapples is famous for nearly half a million dollar in airdrop. From it’s high of $1900, it’s currently trading at sub $200 prices, which at a max of 28,000 supply is a no brainer.
3. Akropolis (AKRO)
Akropolis Protocol is an easy-to-use suite of borderless, trust minimized, portable and fraud resistant DeFi products for financial operations and decision making. It aims to provide DeFi equivalents of core financial services of insurable savings (variable and fixed rate savings deposits) and access to credit on relaxed terms. The price rose from $0.001 to around $0.045 and is back at $0.009 for now, which presents an excellent opportunity.
2. Enjin (ENJ)
Enjin is the principal and time test NFT project, which launch a couple of years ago during the ICO mania. It has recorded a rather slow but stable growth. From an ICO price of $0.03 in 2017, Enjin has since gone to $0.25 in the recent times. For now, it trades around $0.15 mark. The project offers a complete NFT solution and is poised for excellent growth in the future.
1. Yearn.Finance (YFI)
The number one slot on the list of top 5 attractive DeFi/NFT investments list is occupied by Yearn.Finance (YFI). It’s a yield optimizer and DeFi profit maximalism protocol, which relies on team and user created strategies to generate profit. Yearn.Finance was launched fairly, without any team reservations. It rose from sub $100 prices to a high of $40,000 and is currently trading at around $17,000 with v2 just around the corner!
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Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
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