The communities around decentralized finance are ready to notice even the smallest sign of an opportunity. They are well aware of risks, but also the potential indicators of success. Aave and Uniswap are now enjoying the bullish momentum and their investors are also looking at the Raffle Coin presale at the lowest possible entry price.
Aave Remains Within Blue Chip Range
Aave, the decentralized liquidity protocol, retains a market cap above $1.2B. The token is well within the top 100 based on its total value. The protocol holds nearly $20B in value locked, in three main versions of its liquidity pools. An additional boost comes from the DeFi game, Aavegotchi.
Aave reversed the price trend and has been climbing gradually for the past two quarters. In the first week of April, the token traded at $114.15, recovering after a 10% correction. Aave has shown an ascending trend and is among the tokens watched for a breakout. The Aave protocol showed the robustness of decentralized finance, even after a series of losses following the crash of the FTX exchange.
Aave also benefits from the inflow of new funds and stablecoins on the market. Trading volumes are now subdued at about $99M in 24 hours, not counting the internal activity on Aave liquidity pairs.
Uniswap Exceeds $10, Highest Price in Two Years
Uniswap trades at $11.07, in a price range not visited since April 2022. The underlying token of the Uniswap exchange can realistically peak at its old record above $40. Uniswap is gaining attention, as its decentralized exchanges are now hit by a new wave of tokens seeking liquidity and exposure through listings.
The Uniswap ecosystem hosts about $15B in nominal value, based on token listings and liquidity pools. The expansion of meme tokens may add to the Uniswap rally if the bullish trend of 2024 continues.
The Uniswap market price took a small hit by profit taking, probably caused by a whale-sized deposit to exchanges. However, the market went on to absorb the short-term shock. The price direction of Uniswap may hinge on a search for quick gainers among altcoins and tokens.
Raffle Coin Offers Floor Opportunity, Up Only Price Action
Raffle Coin positions itself among coins and tokens with the perfect entry point. The project is currently selling a part of the 777,777,777 tokens in total, for a price of only $0.020. All token buyers will access incentives and returns, as long as they hold their token. Raffle Coin will ensure lifetime liquidity in the project and will lock the team allocation for two years.
For investors interested in robust ecosystems, Raffle Coin will offer a community built around constant game opportunities with appealing raffles. Big coin prize pools or even cars are up for grabs, for anyone with a Web3 identity and a wallet.
Check out the official website of Raffle Coin to find out more https://raffcoin.com
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