The widely followed analyst and merchants are optimistic about the Distributed Finance (Defi) project built into the Etherrium ecosystem.
The analyst, known as a reliable encryption, is said to be “logical” about the default tokens of Defi Altcoin curve DAO (CRV) to press a new height of Bitcoin (BTC) before the end of the cycle of 467,000 subscribers of Social Media Platform X.
According to a pseudonym analyst and trader, CRVs can increase by 1,840% at the current level, reaching the price of 0.00015 BTC.
CRVs are traded at 0.00000773 BTC ($ 0.739) when writing.
The reliable Crypto says his optimistic paper on Defi projects based on Ether Leeum, which focuses on Stablecoins’ transactions, says that CRV mainly provides information on the basics after the CRV recorded a record high against Bitcoin in 2021.
“Finally, in CRV/BTC, except for the best after the best (fantastic):
CRV’s annual inflation has decreased from about 20%to 4%.
-The total amount of CRV lock (effectively combustion) has increased to about 40%of the circular CRV.
– (total) Stablecoin market cap has increased by about $ 70 billion and climbing ($ 170 billion to $ 240 billion).
Curve has launched its own Native Stablecoin CRVUSD, which is currently located in a market cap of $ 200 million.
Curve has launched its own borrowing/loan platform (AAVE), which is currently $ 140 million in total value locks.
Curve has launched its own automatic market manufacturer (LLAMMA) to allow new “soft liquidation” in the loan platform mentioned above.
-The number of curved developers is almost doubled, and the developer commit is the highest ever. ”
The widely followed analyst also says that the curved DAO/US dollar pairs reach the price level of two -digit in the current period.
“I’m not sure what the price BTC will be when this happens, but BTC $ 100,000, the new all -time high for the CRV/BTC ratio, is more than $ 15.”
Bitcoin is trading $ 96,597 for writing.
Follow us in X, Facebook and Telegram
Don’t miss the beat -Subscribe to the email notifications directly delivered to the received letter box.
Check the price measures
Sur surfing the HODL mix every day
& nbsp
Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.
Created image: Midjourney