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Shocking predictions for DeFi and Ethereum for 2021

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ETHEREUM TO $87K! My most shocking predictions for BITCOIN and ALTCOINS in 2021

Shocking predictions for DeFi and Ethereum for 2021

Shocking predictions for DeFi and Ethereum for 2021
CONTENT

  • Ethereum will set new records in 2021

  • DeFi’s total locked value will exceed $ 100 billion

  • Major fintech app integrates DeFi

International consortium of news organizations developing transparency standards.

2020 marked the year for DeFiDecentralized finance (DeFi) is a financial services built on blockchain technology that offer users access to an open, efficient and … More and the Ethereum network with important advances. Some industry analysts predict next year to be even better

As the new financial environment emerged, the total value of Decentralized Finance (DeFi) jumped 2,000% in just twelve months. Right now, it seems that only crypto enthusiasts are involved..

Shocking predictions for DeFi and Ethereum for 2021

Compared to the total market capitalization of all cryptocurrencies, DeFi accounts for less than 2% – so there is plenty of room for growth in this area. DeFi could really take off in 2021 if authorities don’t impose hard restrictions or harass stablecoins.

Great prospects

Spartan Group co-founder and former Goldman Sachs partner, Calvin Koch, has made some bold predictions for the crypto industry for the coming year. Bitcoin worth $ 100,000 may sound a bit implausible, but new all-time highs for Ethereum seem likely.

Currently, the price of ETH, which has just crossed the $ 700 mark, is still 50% below its peak..

0/3 Here are my 10 crypto predictions for 2021 in no particular order:

1. $ BTC will hit $ 100K in 2021

2. $ ETH will surpass its ATH within the next 6 months

3. $ DOT will be Top 5 by market cap in 2021

– SpartanBlack (@ SpartanBlack_1) December 28, 2020

The Polkadot cryptocurrency predictions are interesting because, apart from the token launch and a few minor partnerships, there is very little news from the Ethereum rival this year..

It is possible that the total value locked in the DeFi space will exceed $ 100 billion, as this means much less growth compared to current levels, unlike this year’s achievements..

Koch also predicts that a major fintech app with over 100 million users will start integrating DeFi protocols, bringing more professional retail investors to the industry..

There are now six DeFi protocols with over a billion dollars locked in. Koch predicts that the number of DeFi tokens with a market cap of $ 1 billion will also increase, with UNI, SNX, YFI, AAVE, and COMP as the main contenders..

He also predicted that DeFi startups could raise millions of dollars through their initial investment, increasing their market capitalization..

Shocking predictions for DeFi and Ethereum for 2021

Record TVL performance

The TVL chart compiled by DeFi Pulse appears to have changed again, including the removal of wrapped Bitcoin and the addition of several new protocols.

As a result, the numbers have slightly decreased, and today the total blocked value is $ 13.3 billion. According to the new indicators, a record level of $ 14 billion was reached on December 20, respectively, over the last week there has been a clear outflow.

Maker remains the main protocol with a $ 2.6 billion TVL and a market share of just under 20%.

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