3 metrics DeFi traders can watch in order to spot the next crypto bull market

by Aurelia Butler 17 November 2023, 23:00 169 Views

Despite the volatility of the DeFi market, there are ways for traders to catch onto when the niche crypto sector begins to show sustained bullish momentum. Three of the most important metrics to watch are TVL, a platform’s fee revenue and the number of non-zero wallets holding tokens.

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Source: Cryptocurrency - investing.com

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3 metrics DeFi traders can watch in order to spot the next crypto bull market

‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

Boston Fed’s Collins: Remain optimistic in soft landing from inflation

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