Crypto Hotshots 2022 🔥♨️

Twitter Instagram Facebook Facebook Linkedin Youtube Spotify Medium Reddit Telegram
Voice of Crypto
  • VOC Explained
  • News
  • Analysis
  • Bitcoin
  • Altcoin
  • Press Release
    • Sponsored
    • Global Crypto Events
  • Services
    • Content Marketing Services
    • Crypto Influencer Marketing
    • Advertise With Us
  • Know Us
    • About Us
    • VOC Team
    • VOC Vigilantes
    • Brands Who Trust Us
    • Contact Us
Reading: Curve, Lido, Uniswap, LINK Jump Several Digits, What’s Next for DeFi Tokens
Share
  • bitcoinBitcoin(BTC)$28,485.00
  • ethereumEthereum(ETH)$1,817.89
  • tetherTether(USDT)$1.00
  • binancecoinBNB(BNB)$316.07
  • usd-coinUSD Coin(USDC)$1.00
  • rippleXRP(XRP)$0.52
  • cardanoCardano(ADA)$0.387556
  • dogecoinDogecoin(DOGE)$0.084364
  • staked-etherLido Staked Ether(STETH)$1,813.21
  • matic-networkPolygon(MATIC)$1.11
  • Events
  • Videos
  • Podcast
Voice of CryptoVoice of Crypto
Aa
  • VOC Explained
  • News
  • Analysis
  • Bitcoin
  • Altcoin
  • Press Release
  • Services
  • Know Us
Search
  • VOC Explained
  • News
  • Analysis
  • Bitcoin
  • Altcoin
  • Press Release
    • Sponsored
    • Global Crypto Events
  • Services
    • Content Marketing Services
    • Crypto Influencer Marketing
    • Advertise With Us
  • Know Us
    • About Us
    • VOC Team
    • VOC Vigilantes
    • Brands Who Trust Us
    • Contact Us
Follow US
Copyright © 2023 Voice of Crypto. All Rights Reserved
Voice of Crypto > News > Curve, Lido, Uniswap, LINK Jump Several Digits, What’s Next for DeFi Tokens
News

Curve, Lido, Uniswap, LINK Jump Several Digits, What’s Next for DeFi Tokens

Jim Haastrup
Last updated: 2023/03/14 at 1:26 PM
Jim Haastrup Published August 1, 2022 March 14, 2023
Share
VOC, Voice of Crypto, Altcoins primed for Breakout

Recently, the Defi market has started to recover, with bitcoin, the benchmark cryptocurrency, rebounding from $20,000 to over $24,000. This parabolic move to the upside has affected several other blue-chip crypto tokens. Most have pumped more than 10%, with some even hitting their monthly highs over the last seven days.

Contents
Curve Versus Other Defi ExchangesHow is Lido Faring? Chainlink (LINK) UNISWAPDid This Jump-start Affect All The Others?

CRV, for example, ranking about 62 on the list of cryptocurrencies, is the governance token of the decentralized exchange Curve.

CRV went up 15.58% over the last day and reached as high as $1.56 sometime on Thursday, the 28th of February. The cryptocurrency has a market cap of about $720 million and is worth about $1.5 Peri token at the time of writing.

Curve Versus Other Defi Exchanges

Despite the gas prices on the Curve platform being nearly twice as high as Uniswap’s, V2 of the curve protocol has been observed to quote better transaction execution prices than Uniswap V3 for more than 60% of all Ethereum/USDT (ETH/USDT) transactions in 2022.

This was stated for a fact by analysts at the crypto research firm Delphi Digital.

How is Lido Faring? 

Lido, the native cryptocurrency of the Lido DAO like CRV, is doing very well, considering the current market conditions.  It has increased 11% in the last 24 hours and reached a high of $2.63 over the last 7-days.

All of this is despite the increase in the FED rate by over 70 basis points and the negative US GDP figure. 

Lido is currently worth about $2.14 per token at the time of writing and has had a 24-hour trading volume of about $403 million.

Chainlink (LINK) 

Link is the cryptocurrency token that powers the decentralized oracle network, Chainlink. LINK has been up 10.3% in the last 24 hours and currently sits at $7.57.

The last time the crypto reached these highs was in June, before one of the bloodiest dips of mid-2022. Link is ranked #23 in the crypto market and currently has a market cap of about $3.6 billion.

UNISWAP

UNI, the native crypto of the Uniswap protocol, is ranked #16 on the crypto market. It has jumped 5.53% in the last 24 hours, with a 24-hour trading volume of about $620 million. 

It is currently worth $8.69 per token and even went up as high as $9.74 on Thursday. 

A three-month high, as recorded by CoinMarketCap.

Did This Jump-start Affect All The Others?

Most of them, yes. Some other tokens that went parabolic this week include Maker (MKR), currently worth about $1,062 with a 24-hour high of $1,128 (a 9.4% pump), Synthetix (SNX), currently worth $3.9 and reached a 24-hour high of $4.39 (a 9.6% pump), and 1 Inch, currently around $0.75 that went up 7.7% on the last 24 hours.

Bitcoin currently sits at a reasonably strong support level and is waiting for either the bulls or bears to take over.

If the crypto market keeps up its move to the upside, these cryptocurrencies could experience even higher highs than they currently have.

You Might Also Like

Why Elon Musk Called for a Pause on AI Development

10 Top Crypto Airdrops for April 2023

Assessing the Odds of Bitcoin Price Surpassing $30K

SEC Head Gensler Seeks $2.4B to Fight Crypto Corruption

MetaMask Issues Warning on Fake Airdrop Rumors

TAGGED: Bitcoin, Crypto Exchange, DeFi, Ethereum
Share this Article
Facebook Twitter Email Copy Link Print
Previous Article Are-NFTs-Worth-It City Of Miami Partners With Time, Mastercard And Salesforce To Issue 5,000 NFTs
Next Article What-are-Ethereum-killers Why Does Fidelity Macro Expert Claim Bitcoin (BTC) and Ethereum (ETH) as ‘Impenetrable’ Markets
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Binance

Follow US

Find US on Socials
Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Subscribe to our Newsletter

Get Newest Articles Instantly!

Ledger
Popular News
Web3 Shorthand
Web3 Shorthand: A Glossary for Crypto Newbies
Elon Musk AI Crypto
Why Elon Musk Called for a Pause on AI Development
Quick-Tips-To-Avoiding-A-Fake-Crypto-Wallet
Quick Tips To Avoiding A Fake Crypto Wallet

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Instagram Facebook Facebook Linkedin Youtube Spotify Medium Reddit Telegram
Voice of Crypto

Voice Of Crypto hits a beat with almost 15 million users, churning out the best news and content in the Web3, crypto and blockchain space

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

  • Advertise With Us
  • About Us
  • Privacy Policy

Copyright © 2023 Voice of Crypto. All Rights Reserved

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?