Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come
These jobs currently have market caps of $10.5 billion, $2.75 billion and $1.07 billion respectively.Decentralized finance takes center stageSince early 2020, one of the primary driving forces in the growth of the cryptocurrency sector has been the introduction of decentralized finance.Decentralized exchanges (DEX) like Uniswap have gradually grown from being an easy exchange interface dApp to a vast trading platform that now averages a 7-day trading volume of $6.72 billion, a figure that rivals volume of the leading centralized exchanges. Currently there is a combined $15.63 billion in value transferred in smart agreements that interact with the procedures and their market caps range from $2.1 billion to $5.98 billion. Both projects have developed novel methods to track, record and send data and they have reached appraisals of $1.7 billion and $1.1 billion.
Title: Growing list of billion-dollar crypto unicorns suggest the best is yet to come Sourced From: cointelegraph.com/news/growing-list-of-billion-dollar-crypto-unicorns-suggest-the-best-is-yet-to-comePublished Date: Sat, 06 Feb 2021 23:16:30 +0000
These tasks currently have market caps of $10.5 billion, $2.75 billion and $1.07 billion respectively.Decentralized finance takes center stageSince early 2020, one of the primary driving forces in the growth of the cryptocurrency sector has been the emergence of decentralized finance.Decentralized exchanges (DEX) like Uniswap have steadily grown from being an easy exchange interface dApp to a vast trading platform that now averages a 7-day trading volume of $6.72 billion, a figure that equals volume of the top centralized exchanges. Currently there is a combined $15.63 billion in worth deposited in wise agreements that interact with the procedures and their market caps vary from $2.1 billion to $5.98 billion. DOTs market cap has increased to $18.8 billion as its prominence continues to grow and Kusama is new to the unicorn club as its market cap just went beyond the $1 billion mark for the first time on Feb. 6. LINK presently has a $10.37 billion market cap and the jobs recent combination with Kraken exchange is expected to include more value to the task. Both jobs have actually established novel methods to track, record and send information and they have reached assessments of $1.7 billion and $1.1 billion.
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