5 Top DeFi Coins To Get In Preparation For The Easter Rally – Don’t Miss Out

5 Top DeFi Coins To Get In Preparation For The Easter Rally – Don’t Miss Out

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Decentralized FInance (DeFi) coins have recently begun seeing a major price increase, despite initially being affected by the broader market correction period. In fact, historically, DeFi has been one of the fastest-growing markets in Web3, with the promise of enabling investors access to far more control of their crypto without the interference of third-parties.

In fact, according to DeFiLlama, the Total Value Locked (TVL) in DeFi protocols is at $93.31 billion as of March, 2024. To prepare for the Easter rally, many have began to diversify their holdings, and out of the many projects and coins available, KangaMoon (KANG), Chainlink (LINK), Uniswap (UNI), Aave (AAVE) and THORChain (RUNE) have stood out as the best DeFi coins.

Social-Fi and Community-Driven DeFi Coin

KangaMoon (KANG)

KangaMoon (KANG) is the latest crypto to enter the market and it has done so at a rapid momentum, especially during its blockchain ICO period, where it has already surged by 180%. Specifically, unlike other cryptocurrencies in its category, it is building a platform that introduces Play-to-Earn (P2E) elements, coupled with a community-driven approach and Social-Fi features. As a result, anyone can begin playing with their KangaMoon character, and enjoy various aspects of the game’s universe. They can also accumulate KANG tokens or even rare NFTs just by completing quests, battling other players or engaging in community events.

Alongside all of this, there is even a dedicated KangaMoon marketplace, where anyone can buy, sell or trade in-game items, characters or digital collectibles.The project has reached Stage 4 of its presale, where it has raised over $2.8 million and can soon breach the $3 million raised mark. The value of KANG has spiked by 180% as it increased from $0.005 to $0.014. As a result, the unique combination of meme culture, interactive gaming experience and DeFi elements position it as a major industry player. At launch, analysts are predicting a 100x price upswing. These aspects position KANG as one of the top DeFi coins.

Decentralized Oracle Network Crypto

Chainlink (LINK)

Chainlink (LINK) is a decentralized oracle network built to provide real-world data to smart contracts. Smart contracts are agreements which are pre-specified, and that evaluate information and automatically execute at a point in time when specific conditions are met. 

According to the Chainlink price chart, its year-to-date (YTD) climb was by 126.4%. As a result the sentiment surrounding its future is bullish. Based on the Chainlink price prediction, it can end 2024 at $26.67.

Decentralized Exchange (DEX) Crypto

Uniswap (UNI)

Uniswap (UNI) is one of the most popular decentralized exchanges (DEXs) which have made a major impact among the Web3 space. This is also reflected in its price performance, as the value of the Uniswap crypto spiked 80% year-to-date (YTD). 

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Moreover, within the past month, the price jumped 57%. In the past week, the Uniswap price moved up from a low point of $10.56 to a maximum value of $13.12. According to the Uniswap price prediction, it can end 2024 at $16.68.

Lending Protocol Crypto

Aave (AAVE) 

Aave (AAVE) is a decentralized crypto lending platform on top of which anyone can commit collateral in order to begin borrowing crypto, Its native crypto AAVE has vast utility, and even enables users to earn interest through staking. 

Each borrower on top of Aave also risks liquidation of collateral if the value drops too far, making it a unique DeFi project. According to the on-chart metrics, the Aave price spikes 47.6% in the past year, and is up 27.7% on the monthly scale. According to the Aave price prediction, it can end 2024 at $177.36.

Cross-Chain Swaps Crypto

THORChain (RUNE)

THORChain (RUNE) enables cross-chain swaps without any token swapping enabling it to operate as a bridge across numerous blockchain networks. It was initially launched on top of Cosmos but over time transitioned to its mainnet, and now supports numerous networks. 

Its value has spiked 451% in the past year alone, and during the previous month, the THORChain price surged 59%. At this rate of growth the crypto is primed to pass the $10 price range and according to the THORChain price prediction, it can end 2024 at $12.26.

What Is a DeFi Coin and Why Should Traders Invest in Them?

A DeFi coin is any coin that is a part of a project connected with cryptocurrencies, that enables a high level of utility. This can span across decentralized exchanges, lending platforms, staking protocols, real-world assets and even yield farming platforms or other dApps. 

Is DeFi a Good Investment for the Long Term?

Each investment carries its own level of risk. It is important to do your due diligence to determine which crypto can experience growth, and what kind of risk can be expected by jumping into it. As a result, doing extensive research is essential, as users need to take caution prior to investing in any DeFi coins

What Is the Best Place to Buy DeFi Coins?

There are centralized and decentralized exchanges that anyone can utilize in order to buy DeFi coins. These can vary in variety, but most exchanges do indeed feature the aforementioned cryptocurrencies. By analyzing which are the most popular and trusted exchanges, anyone can access DeFi coins with ease. 

Will the Future of DeFi Be Bright or Will It Collapse?

A future prediction cannot ever be 100% accurate. With that in mind however, experts share a belief that DeFi’s future is bright and that different countries are attempting to utilize its potential. Moreover, the global DeFi market size can reach $232 billion by 2030, which could mark a massive increase in its appeal and in the growth of DeFi coins.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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