Another great day by $XRP $HBAR and $CRV. Large and mid caps are slowly getting in the game! Also do not be afraid of pullbacks (great time to buy) since we did not had any proper one in a while! But the game is set! ⬆️
Curve DAO is a DeFi exchange platform that allows users to exchange their stable coins with others with low handling fees. Curve DAO uses liquidity pools to achieve with the help of an AMM mechanism to follow the behaviour of other market makers in the crypto market. Curve DAO's governance token is CRV - an Ethereum-based token. It allows holders to participate in the online governance of Curve DAO in the future. Anyone can obtain CRV tokens by becoming a liquidity provider to Curve DAO or buying them on a crypto exchange.
Dash is a privacy-focused cryptocurrency with a faster and cheaper processing throughput than Bitcoin. It is built with the same code base as Bitcoin, but has its own miners, developers and wallets. It uses a similar proof-of-work mining technique. Dash has its own governance and funding system that allows people to apply for funding for their own Dash-related projects. Dash (DASH) is a blockchain-based, peer-to-peer cryptocurrency. It was intended as a medium of exchange and for daily transactions between peers. Dash is available to buy or sell on most crypto exchanges. You can buy Dash with cash or sell through peer-to-peer platforms.
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Another great day by $XRP $HBAR and $CRV. Large and mid caps are slowly getting in the game! Also do not be afraid of pullbacks (great time to buy) since we did not had any proper one in a while! But the game is set! ⬆️
Amazing run by our favourites $XRP $HBAR $CRV $CVX in the last month that gave us almost 200% return! . This is just starting to heat up 🙌
So what altcoins will I be concentrating on?
As some of you have already noticed I am a big fan of $OP Optimism.
I firmly believe that $ETH is the underdog of this cycle and will perform better than most expect.
Subsequently, scaling solutions will be needed and sought after. $OP has a very good position with the Superchain being a potential killer application/protocol allowing multiple Layer 2s to seamlessly connect and interact with each other scaling the network horizontally.
Apart from that Layer 1 solutions like $SOL, $AVAX, $NEAR, $SUI, etc. also have a lot going for them and will most likely also perform very well.
Then there are the sectors that saw crazy rallies in the past but couldn't live up to the expectations but could see a revival under more lax regulation. These include DeFi (decentralized finance) and RWA (real-world assets) tokenization.
Protocols like $AAVE, $CRV, $MKR, $ONDO, ... come to mind here.
Curve, around since early 2020 is also one of the proven DeFi protocols.
It's an automated market making protocol mainly used for stable coin trading which is very important for efficiently transacting in an open and decentralized world.
It is a so called DeFi primitive, just like $AAVE.
Primitives in DeFi can be seen as the simplest, yet essential, elements or protocols upon which more complex financial instruments and services are built.
Price seems to have bottomed and $CRV broke its first resistance and a subsequent retest. I now wanna see it hold above 0.63.