Been a minute since we published an idea.
Today we look at the pair, SRM /USDT
First off, the Fundamentals,
SRM (Serum) is a decentralized exchange built on the Solana Blockchain that allows you to make both market orders and limit orders compared to traditional DEX's that only allow market orders namely; UNISWAP, SUSHISWAP & PANCAKESWAP etc.
In addition to...
The governance token of granddaddy of all AMM and DEX.
I believe the deep correction is nearing its end, but there could be another re-test near the bottom of the demand zone.
DeFi governance tokens are volatile by nature so proceed cautiously.
Just my two cents. Not the investment advice.
DeFi boom as well as limited total supply (No pre-mining and supply increases as yield farmers providing liquidity by staking and lending their tokens) contribute to the supply/demand imbalance of YFI governance token, leading to the rapid appreciation.
First of all, it has a comparatively minuscule total supply limited to just 30,000 coins. Second, over 60% of...
Kyber Network- One of the only two DEX coins that are on the Coinbase and are on the hot streak. Follow the daily timeframe and buy on the pullback as long as the ascending triangle structure remains intact
DeFi lending governance tokens such as MKR and COMP are the ones that started the DeFi gold rush!
Though LINK may have benefited the most regardless of which governance token wins out at the end because of the pick and shovel effect.
