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The founder of the Compound project, affiliated with the COMP currency, announced that he is leaving the project to establish another new project called Legend, to be a new competitor in the field of DeFi (decentralized finance). The project aims to provide the best and easiest interface for use in the field of DeFi.
>> The news does not affect the future of COMP currency, and the project still has its own team
Analysts predict a potential Altcoin season amid market shifts According to U.Today, Jan Hubel and Jan Aleman, co-founders of cryptocurrency analytics platform Glassnode, indicate that another altcoin season could be approaching. Analysts highlighted the recent 2% decline in the tech-heavy Nasdaq, while the iShares Russell 2000 ETF (IWM), which includes small-cap stocks, rose more than 3%. This trend indicates that investors prefer riskier assets with the potential to achieve higher returns.
Analysts predict a potential Altcoin season amid market shifts According to U.Today, Jan Hubel and Jan Aleman, co-founders of cryptocurrency analytics platform Glassnode, indicate that another altcoin season could be approaching. Analysts highlighted the recent 2% decline in the tech-heavy Nasdaq, while the iShares Russell 2000 ETF (IWM), which includes small-cap stocks, rose more than 3%. This trend indicates that investors prefer riskier assets with the potential to achieve higher returns.