Injective Protocol is a decentralized derivative trading open 24/7. In January 2021 alone, SUSHI stakers have raked $6 million in fees.įig.3 SUSHI/USD 1-day chart showing SushiSwap’s uptrend – If you’re bullish on Uniswap which is currently at its ATH, you should also consider its rival SushiSwap, as competition drives advancement and innovation.Ī recent research from MessariCrypto showed how profitable SushiSwap has been. If you look at the current price chart in figure 2, you will see that after an extended price consolidation of about USD 2.5, Uniswap’s price shot up to its current ATH price of USD 20.5 making about 500% in 1 month!įig.2 UNI/USD 1-day chart showing Uniswap’s 500% price increase – Įnter coin#3, Sushiswap! It is said that this coin is eating up Uniswap’s market share ever since the YEARN merger ecosystem. People are starting the realize the benefit of a decentralized exchange, and with Uniswap locking more than USD 30 Billion in January, it is about to have its best month ever.
TOP DEFI COINS TO INVEST IN 2021 FREE
Robinhood has been giving decentralized exchanges free advertising on a global level. We did discuss in a previous article why Ethereum has a huge opportunity, and a few days after, prices breached USD 1,600.įig.1 ETH/USD 1-week chart showing ETH doing higher highs – Ĭoin #2 on the list is the native token for the decentralized exchange, Uniswap.
It is currently the second biggest by market cap.The most obvious Altcoin to buy is currently Ethereum, and this is due to several factors:
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