DeFi Crypto

July 6, 2021

Top 5 DeFi projects with long-term potential

Today we bring you a list of the top five DeFi projects with long-term potential. These projects have interesting prospects for your investment to generate a lot of profit, taking into account that the second half of this year will be important for the cryptocurrency market.

Today we bring you a list of the top five DeFi projects with long-term potential. These projects have interesting prospects for your investment to generate a lot of profit, taking into account that the second half of this year will be important for the cryptocurrency market.

Which projects are most likely to succeed? Let’s find out!

Let’s start by defining the cryptocurrencies we take into account for this top, for that we consider some parameters such as:

  • Position, reputation and track record at CoinMarketCap.
  • Projects that can have a risk-return balance.
  • Last year’s return on investment.
  • Opinions of experts in the cryptocurrency market.

Without further ado, let’s start with this top:

5.- Uniswap (UNI)

  • Price: 18,83 USD.
  • Market capitalization: 10,833,512,696 USD
  • Number 10 on CoinMarketCap

Binance is an example of how finance is moving towards cryptocurrency exchanges, to which we can add the growing success of cryptocurrency trading platforms. From this, decentralized exchanges are born.

Thus arose the Uniswap platform and its UNI token, which is now a leader in this niche and is emerging as one of the decentralized projects with the greatest potential for the coming years.

The number of users on decentralized platforms has increased tremendously this year, we can talk about millions of users.

4.- Cardano (ADA)

  • Price: 1,38 USD.
  • Market capitalization: 43,960,425,167 USD
  • Number 5 on CoinMarketCap

The vision of Cardano’s creators goes further and further. Their main goal is to provide a tool for people to create positive global change.

Cardano’s roadmap is very well laid out and can be summarized as follows: foundation, decentralization, smart contracts, scaling and governance. It is currently moving strongly towards smart contracts.

ADA is strongly competing with cryptocurrencies such as LINK and VET as very promising projects. In terms of investment and technology Cardano is an excellent bet.

3.- VeChain (VET)

  • Price: 0,09 USD
  • Market capitalization: 5,728,628,032 USD
  • Number 22 on CoinMarketCap

VeChain’s goal is to use decentralized management and the Internet of Things to create an ecosystem capable of monitoring supply chains.

Increase the efficiency and transparency of shipping procedures while reducing costs and giving individual users greater control.

This project brings innovation to the industry when it has been stagnant for several years. A company that wants to improve transparency in its business implements blockchain in its business.

2.- ChainLink (LINK)

  • Price: 19,35 USD
  • Market capitalization: 8,425,975,410 USD
  • Number 15 on CoinMarketCap

It remained throughout 2020 among the top 10 cryptocurrencies and consolidated as a firm project, ChainLink.

The development of its ecosystem and adoption in various areas of the global economy make ChainLink’s growth fast and consistent.

Its co-founder Sergey Nazarov is an influential person in the crypto world and certainly knows how to develop a project and make it successful in a very short time.

1.- Polkadot (DOT)

  • Price: 16,30 USD
  • Market capitalization: 15,476,822,696 USD
  • Number 9 on CoinMarketCap

Polkadot (DOT) is an open source protocol that allows the transfer of data and tokens between different blockchains. It aims to create a private and decentralized network to develop applications and services.

Its DOT token has three objectives: governance, operations and the creation of parachains (parallel chains) through linking.

Polkadot is one of the cryptocurrency projects with the best present and future projection. The growth of its ecosystem is giving a lot to talk about.

Polkadot’s idea is to build a “network for networks” in which bridges and connectivity will be the most important aspect.

If you want to learn more about cryptocurrencies and learn about the most promising projects in advance, join our Telegram channel for free.

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