After a very prominent weekend for Ethereum, most people would expect so see DeFi tokens take a stumble. That is far from the case where the following assets are concerned. Always invest with caution, as volatility will not disappear overnight.
For those willing to take a risk or two, EASY has proven to be rather lucrative over the past 30 days. With a net 170% increase – 64.1% of which occurred today, the value of EASY is moving up very quickly. Even so, the market cap is still $4.6 million, with nearly twice that amount in daily trading volume. A new all-time high appears within reach for this DeFi asset.
PERP (Perpetual Protocol)
Building a decentralized perpetual contract for trading top assets in the cryptocurrency world can offer significant opportunities. Perpetual Protocol aims to achieve this goal and offer 20x leverage in the process. The business appeal of the PERP token is also moving up, thanks to a fresh 24.2% increase, This is still 57.6% lower compared to the all-time high, recorded on September 12.
DHT (dHedge DAO)
For the second time in less than a week, the native DeFi asset of dHedge DAO finds itself on this watchlist. Another 25.1% increase in value is in the books, pushing its value to just over $1. Although the all-time high of $2.46 is still far away, things can get rather interesting over the coming weeks.
The Numeraire DeFi asset has been in the market cap top 100 for some time now. It is part of the new Erasure staking protocol, which gives it a bit more market appeal. Thanks to a 24.2% increase in price, NMR appears to be in a good place right now. Reaching the high of $65.48 again will prove incredibly difficult, but one never knows what the future holds.
DOUGH (PieDAO DOUGH v2)
Every time a platform has to create a version of its initial token, there is some reason for concern. in the case of PieDAO, it seems that things are going well, for the time being. A new 26$ increase in value has purchased the DOUGH value to $1.25. Given how the all-time low was reached 3 days ago, it will be interesting to see what happens next.