What is the reason for the rise of Cow coin, and what is its relationship with the market of Ethereum? Today, Xiaoyu will take everyone to analyze the market.

As the DeFi coin with the most rapid increase recently, CowSwap is also one of Vitalik's favorite DEXs, a chain platform dedicated to large-scale shipments, and even the exclusive DEX of the King of Understanding team.

But what many people don't know is that behind CowSwap is an underestimated top incubator in the Ethereum faction-Gnosis. I think this is the real reason for the surge of Cow coin. With so many blessings, it is difficult for Cow not to be awesome.

Recently, Xiaoyu saw that an on-chain dynamic about the DeFi project WLFI of the Trump team attracted the attention of the market. Although WLFI does not include Cow in its asset list, WLFI has used CowSwap for recent token purchases. This coincides with the habit of Ethereum founders to use CowSwap.

$COW price surged 62% in just one week and 162% in one month. It can be said that the rise of CowSwap is more like the best embodiment of the coordinated efforts of the Gnosis ecosystem, but this does not mean that CowSwap itself has not created a new paradigm. We can still look forward to its accumulation of power in the future.

On the afternoon of February 24, Upbit, the largest cryptocurrency exchange in South Korea, will launch Cow, and trading will be launched at 20:30 local time. Once this news was released, Cow was directly pushed to a new high, which really made friends eat fish meat and made Cow the first place in the increase list.

Xiaoyu analyzed that in the past day, Cow will not have too much fluctuation, the market is more inclined to shock, and the outflow of funds in the past day is greater than the net inflow. Cow's performance on February 24 was quite impressive, but it is also expected that there will be a period of fluctuations in the future. #涨幅榜 #ETH走势分析 #COW