Aave

Uniswap

DeFi

Show

Sherpa

<p>Crypto analyst Altcoin Sherpa has&nbsp;shared insights on DeFi 1.0 tokens in the current market. The analyst discussed projects like Compound (COMP), Aave (AAVE), and Uniswap (UNI). Sherpa highlighted several characteristics of these tokens that he finds noteworthy in today’s crypto sector.</p>
<p>Sherpa pointed out several fundamental strengths of DeFi 1.0 tokens. He noted their high float and lack of overhanging supply, as most early investors have already exited their positions.&nbsp;</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">DeFi 1.0 has very compelling reasons for buying in this current market. I'm talking about coins like <a href="https://twitter.com/search?q=%24COMP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$COMP</a> <a href="https://twitter.com/search?q=%24AAVE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$AAVE</a> <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a> and those types. (Long)<br><br>Fundamentals:<br>-High float/no overhanging supply. these are old tokens and all the investors have already jeeted. You DO have to worry… <a href="https://t.co/AbBPL7XVdI" target="_blank" rel="noopener noreferrer nofollow">https://t.co/AbBPL7XVdI</a> <a href="https://t.co/5CeJQzwN6i" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/5CeJQzwN6i</a></p>— Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1816495903064076709?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 25, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
<p>Additionally, these projects remain crucial to the crypto ecosystem, with Aave boasting billions in Total Value Locked (TVL) and Uniswap processing billions in transactions.</p>
<p>The analyst emphasized the enduring influence of DeFi 1.0 protocols. Many new DeFi projects on various EVM chains are essentially clones of these original platforms.&nbsp;</p>
<p>Sherpa explained,&nbsp;</p>
<p><em>“Obviously there are sometimes new features but the core parts still stay the same.”</em></p>
<h2 class="wp-block-heading" id="strong-potential-for-fee-switches-strong"><strong>Potential for Fee Switches</strong></h2>
<p>A key narrative shift for DeFi 1.0 tokens revolves around fee distribution. Sherpa suggested that if these protocols implement fee switches, token holders could receive rewards from the substantial revenue these platforms generate. This development could significantly boost the value proposition of these tokens.</p>
<p>Unlike many newer crypto applications, DeFi 1.0 projects have established user bases and active communities. Sherpa highlighted this as a critical factor, stating,</p>
<p><em>“They’re also lindy enough to where you can feel pretty safe about many of these staying around for a while.”</em></p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Next Big Airdrop?
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>Notcoin airdrop on Telegram made millions to people. Don’t miss out on the <strong><a href="https://t.me/dogshouse_bot/join?startapp=lPBZdx-GSwePJnSgqNglpA" target="_blank" rel="noopener noreferrer nofollow">next TG airdrop</a></strong> by the same team – Dogs on Ton!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<h2 class="wp-block-heading" id="strong-technical-analysis-perspective-strong"><strong>Technical Analysis Perspective</strong></h2>
<p>From a technical standpoint, Sherpa noted that these tokens have been consolidating for about two years. This prolonged accumulation period often precedes strong price movements. However, he cautioned about potential opportunity costs, as the consolidation might continue for some time.</p>
<p>Sherpa shared his personal approach to trading these tokens. He plans to wait for a clear breakout with volume before entering positions.&nbsp;</p>
<p>The analyst explained,</p>
<p><em>&nbsp;“Probably won’t buy these until I see them do a 2x in price or more and then buy when a clear trend has developed.”</em></p>
<p><em>Read also: </em><a href="https://captainaltcoin.com/this-solana-chart-patterns-indicates-900-sol-price-rally/" target="_blank" rel="noopener noreferrer nofollow"><em>This Solana Chart Patterns Indicates 900% SOL Price Rally</em></a></p>
<h2 class="wp-block-heading" id="strong-shift-in-market-sentiment-strong"><strong>Shift in Market Sentiment</strong></h2>
<p>The analyst suggested a potential shift in market sentiment towards these established projects. He noted growing fatigue with newer tokens that have high fully diluted valuations but lack real communities or users. This trend could drive renewed interest in DeFi 1.0 tokens.</p>
<p>Altcoin Sherpa’s analysis highlights the potential of DeFi 1.0 tokens in the current crypto market. While these projects may not offer immediate gains, their established user bases, essential roles in the ecosystem, and potential for fee distribution make them worth watching for crypto investors.</p>
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/defi-1-0-tokens-show-promise-in-current-crypto-market-says-analyst-comp-aave-and-uni-in-focus/" rel="noopener noreferrer nofollow">DeFi 1.0 Tokens Show Promise in Current Crypto Market, Says Analyst: COMP, AAVE and UNI in Focus</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

DeFi 1.0 Tokens Show Promise in Current Crypto Market, Says Analyst: COMP, AAVE and UNI in Focus

目錄

CaptainAltcoin

在 2024年7月25日發表的其他文章

Trump-Era White House Official Anthony Scaramucci Says Kamala Harris Is Capable And Has A Great T...

Bitcoin Holds Up, Ethereum, Dogecoin Fall Amid Stock Market Crash: Analyst Predicts $4K For ETH O...

TON Core Team Launches W5 Smart Wallet Standard with Tonkeeper

Bitcoin wrestles with resistance, struggles to reclaim $65K

US GDP Weighs On Federal Reserve’s September Rate Cut Bets, What’s Next?

Mystiko Network Faces Insider Trading Allegations Amid Airdrop

訂閱免費電子報，每天收取加密貨幣最新動態！