The Israel-Iran conflict washes over the crypto market! As mainstream coins plummet, the DeFi sector unexpectedly sees a 'bottom-fishing frenzy'?
The conflict between Israel and Iran has caused turmoil in the cryptocurrency market, leading to widespread declines in mainstream coins. However, some coins in the DeFi sector have rebounded strongly, demonstrating resilience. The top gainers are all from the DeFi sector:
$USTC : This is the native token of the Terra Classic blockchain. It was originally an algorithmic stablecoin but became a speculative asset after completely decoupling in May 2022, rising about 17% over the past 24 hours.
$MKR : This is a decentralized stablecoin platform on Ethereum. Users who collateralize MKR tokens can vote on network parameter adjustments, including stability fees, with a 24-hour increase of 15%.
$KMNO : This token offers a range of products that combine various DeFi foundational components. It belongs to the Solana SPL token and can be seamlessly transferred to any network connected to Kamino through its native token transfer feature, rising about 10% over the past 24 hours.
For those who have not yet entered the market, keep an eye on potential DeFi tokens that have yet to take off, such as those with innovative technology, broad application scenarios, and strong project teams. By preparing in advance, you may be able to catch the next wave of bullish trends. Fans are about to find positions to stealthily enter the market, so stay tuned for quick calls!
