This past weekend has proven to be a mixed bag for DeFi assets and other cryptocurrencies. Some gains and losses have been noted across the board. For today, these are the five DeFi assets worth keeping an eye on.
ALPHA (Alpha Finance)
For the second time in a matter of days, the ALPHA token is noting very strong gains. In the past 24 hours, there has been another 60.4% increase in value. Given the weekly and monthly momentum, this latest gain is not entirely surprising either. As a result of this ongoing growth, ALPHA has hit a new all-time high of $0.187636. There is some minor pushback right now, but it is possible this ATM will be broken again before the day is over.
It is remarkable to see how many DeFi tokens are on the market today. Separating the successful ones from the rug pulls is often difficult for onlookers. Stafi – or FIS – may be the asset to watch for the foreseeable future. Following a strong 24% increase in value, it seems as if FIS is intent on reclaiming the all-time high. A tough challenge, as the asset noted an all-time low just 20 days ago.
WING (Wing Finance)
These days, it appears as if any DeFi platform with the term “Finance” in the name tends to note strong asset gains sooner or later. For WING, there is a neat 22.5% increase in value in place. A strong bounce has occurred compared to the all-time low recorded 1 7days ago. Hitting $249 again will be a very difficult challenge, but in this industry, nothing seems impossible.
We mentioned YAX last week as an asset to keep an eye on prior to the weekend. That seems to have been a good call,a s the asset noted another 18.5% gain in the past 24 hours. With its value coming off an all-time high of $16.83 a few days ago, there may be some room for further profits if this momentum keeps up. That may prove somewhat difficult, albeit one never really knows what the future will bring.
One of the relatively new DeFi assets on the market goes by the name of Hedget. It has a market cap of just over $3.5 million, yet notes a strong 17.8% gain in the past 24 hours. All of this momentum appears to indicate the market is rebounding since hitting the all-time low 10 days ago. Its all-time high, recorded 2 months ago, is still far off, however.