DeFi
Microsoft Expands Its Adoption of Crypto as a Payment Option, These DeFi Coins Are Rising
A significant number of companies such as Microsoft accept crypto payments, and with the growth of the crypto sector, the adoption of more DeFi coins is on the horizon. Meanwhile, investors can make a significant return on investment by investing in some of the best DeFi coins that have a high chance of becoming a payment option in the traditional economy.
With expert research and analysis, this article contains 5 of the best DeFi coins likely to be adopted by large digital companies as payment options in the future. As such, DeFi projects that stand out include:
- KangaMoon (KANG)
- Uniswap (UNI)
- THOR Chain (RUNE)
- Wormhole (W)
- The chart (GRT)
KangaMoon Soars by Introducing Engaging P2E and SocialFi Features
The KangaMoon Project (KANG) is an innovative meme project that hosts a play-to-earn ecosystem as well as a SocialFi framework for interaction on the platform. While the KangaMoon project is still in its infancy, it has recorded over 23,000 meme enthusiasts already registered on the platform.
Meanwhile, KANG’s pre-sale performance demonstrates exponential interest from investors. This interest could be attributed to KANG’s significant growth potential. To recall, the KANG token has already seen 400% price growth so far during its presale. As a result, early investors in the token benefited as they pocketed the significant investment returns linked to the price growth.
Notably, the KANG token is poised to see increased growth before its presale ends and after its launch. Considering this, KangaMoon represents a good DeFi token to buy, given its exponential growth potential. Investors can buy the token at the current price of $0.025 and add it to their investment portfolio for future gains.
Considering the high utility of the KANG token as well as its upside potential, it is safe to say that the token is on the right track to becoming a top crypto, making it a must-have asset in anyone’s portfolio. investor who is looking to record exponential investment returns in the near future.
Uniswap (UNI) – A DeFi Trading Protocol Growing in Value and Popularity
Uniswap (UNI) is a popular decentralized exchange that facilitates automated trading of DeFi coins. Uniswap has continued to maintain its DeFi trading automation approach while improving trading efficiency. Notably, Uniswap also creates liquidity for investors looking to exchange their coins for another. Overall, the Uniswap protocol will limit the cost and risk of trading.
In the crypto market, Uniswap’s market cap is among the top 25 coins on CoinMarketCap, with a valuation of over $4 billion. Furthermore, Uniswap price has shown significant uptrend potential in 2024, after surpassing the $15 mark in March. This will be the first time Uniswap has reached such a high price value since January 2022. Although the token’s price has retraced, investors are confident that Uniswap has broken through its resistance level and will see its value reappear.
THORChain (RUNE) – Facilitating cross-chain exchanges
THORChain (RUNE) is one of the leading decentralized protocols allowing users to trade their crypto assets on over 9 major blockchain networks. Users of the platform can leverage THORChain’s permissionless functionality to trade assets while maintaining custody of their assets and the market prices of those tokens. Additionally, through THORChain’s lending protocol, users can borrow BTC, ETH, or stablecoins on the platform without interest or expiration.
Meanwhile, the THORChain token market performance in 2024 so far is very promising for bullish momentum in the remaining months of the year. As a reminder, THORChain’s price peak throughout 2023 was $6.5 in December. However, so far in 2024, THORChain has surpassed the $10 mark in just the first quarter of the year. With further price increases expected for the DeFi token in the future, investors will likely see the price of the token reach $15-$20 in the coming weeks.
Wormhole (W) – Powering Multi-Chain DApps
Wormhole (W) is a growing interoperability protocol on the blockchain that powers cross-chain decentralized applications (DApps), which are used to send and receive tokens and NFTs across multiple blockchains. Additionally, developers can use Wormhole to exchange messages across over 30 blockchains.
As Wormhole seeks to expand its reach by integrating more blockchain networks, the protocol is also actively launching DApps, which make it easier to run DeFi. With this, it will also be natural that the performance of Wormhole tokens in the crypto market will improve soon. As such, Wormhole is a hidden crypto gem waiting to explode.
The Graph (GRT) – Maintaining Blockchain Data Integrity
As of 2020, The Graph (GRT) is an indexing protocol that verifies the integrity of data entering the blockchain. The Graph runs on networks like Ethereum and IPFS while powering a significant number of DApps on the Web3 ecosystem. With The Graph, it’s easier to build new applications that will track valuable data on-chain.
Meanwhile, the market performance of the GRT token over the past few months shows bullish signals. As a reminder, the price of The Graph has recorded significant growth since the start of the year. Notably, The Graph’s market capitalization valuation has seen an upward trend, establishing its value above the $3 billion mark. If The Graph maintains its Q1 price trajectory, the DeFi coin could end up hitting the $1 mark during the year.
Conclusion
After analyzing some of the most notable DeFi coins to invest in, investors can choose one or all of these tokens to add to their portfolio. With companies like Microsoft, Paypal, Shopify, etc. accepting crypto as a payment option, greater crypto adoption is expected this year. In particular, the KangaMoon project, which is one of the projects analyzed in this article, presents a unique opportunity to be one of the first investors in the KANG pre-sale. With KANG’s potential to become a top cryptocurrency in the future, an investment will now perfectly position it to ride the wave of the project’s bullish momentum.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Website: https://Kangamoon.com/
Join our Telegram community: https://t.me/Kangamoonofficial
DeFi
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.
The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.
Bonk remains strong despite market fluctuations
While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.
Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.
Pepe should see a big rise in the next bull run
Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.
Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.
In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.
Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4
Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.
With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.
Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.
The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.
RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
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DeFi
Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong
Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.
Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.
According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.
“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.
I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.
The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.
“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”
I expect them to launch actively managed crypto ETFs [in the] coming years. ”
Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.
“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.
Chasing mass adoption of normies may be chasing the wrong Grail from the start.
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Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/ktsdesign
DeFi
Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong
Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.
Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.
According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.
“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.
I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.
The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.
“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”
I expect them to launch actively managed crypto ETFs [in the] coming years. ”
Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.
“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.
Chasing mass adoption of normies may be chasing the wrong Grail from the start.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check Price action
follow us on X, Facebook And Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/ktsdesign
DeFi
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.
The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.
Bonk remains strong despite market fluctuations
While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.
Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.
Pepe should see a big rise in the next bull run
Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.
Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.
In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.
Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4
Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.
With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.
Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.
The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.
RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
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