The decentralized finance (DeFi) space has surged higher in the past day once again despite stagnation in the Bitcoin price. The prices of leading cryptocurrency pertaining to this space have shot higher almost across the board.
According to CoinGecko, top coins in the span have gained a number of percent in the past 24 hours.
Altcoins such as SushiSwap’s SUSHI, Compound (COMP), Thorchain (RUNE), Aave (AAVE), and others have gained 10% in the past 24 hours alone. A number of other leading DeFi coins have gained 5-10% in the past day as well.
Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom
Top DeFi Tyler Winklevoss: A “Tsunami” of Capital Is Coming For Bitcoin
ThorChain After Beta Version of Bitcoin Swaps
ThorChain’s RUNE
“THORChain contributors are pleased to announce multichain testnet1 #MCTN1 is live for community testing with support for Bitcoin and Binance Chain. Users can swap between Binance Chain and Bitcoin assets, as well as provide liquidity to BNB or BTC pools. Nodes can join the network if they wish by bonding tRune.”
Analysts think that the cryptocurrency is one of the best bets in the DeFi space.
Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing
Featured Image from Shutterstock
Price tags: xbtusd, btcusd, btcusdt
Charts from TradingView.com
Top DeFi Names SUSHI, ThorChain, Others Surge 10% Higher
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“THORChain contributors are pleased to announce multichain testnet1 #MCTN1 is live for community testing with support for Bitcoin and Binance Chain. Users can swap between Binance Chain and Bitcoin assets, as well as provide liquidity to BNB or BTC pools. Nodes can join the network if they wish by bonding tRune.”
Analysts think that the cryptocurrency is one of the best bets in the DeFi space.
Related Reading: 3 Bitcoin On-Chain Trends Show a Macro Bull Market Is Brewing
Featured Image from Shutterstock Price tags: xbtusd, btcusd, btcusdt Charts from TradingView.com Top DeFi Names SUSHI, ThorChain, Others Surge 10% Higher
