Coinlist reveals its top DeFi token picks for February

With lots of opportunity in the market it can be hard to know where to look. While Bitcoin is breaking into new highs and approaching $50,000, the DeFi space is gearing up for continued growth following last year.

Coinlist has created a top 3 list of the top DeFi projects to look out for in February 2021. We are still in the fairly early stages of this emerging bull market, so buying a bag today could pay dividends as we head deeper into the year in the coming months.

Featured in Coinlist’s top 3 DeFi tokens by writer Alice Leetham, are the following projects:

• 1INCH — A DEX (decentralised exchange) token that could rival the likes of Uniswap
• FLM — A potential alternative for DeFi projects to process transactions due to Ethereum’s record high gas fees that are causing investors to pay large sums
• REN — Allows users to transfer crypto assets from one to another in a completely decentralised manner, reducing the need for centralised exchanges

The Coinlist article features a history of the tokens in question and a breakdown of recent price action to help readers decide if they want to consider buying any of the featured tokens themselves.

Read the full article here.

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