Coinlist reveals its top DeFi token picks for February

Posted:: Feb 12, 2021 17:08 Category: Deep Tech , Sponsored , Posted by Maria

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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