5 Defi Tokens To Watch This Week

Doogie
Coinmonks

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  • Rocket Pool (RPL) — recently listed on Binance, is drawing attention in the cryptocurrency world. It’s among the five DeFi tokens to keep an eye on, as it’s exhibiting growth. Today, RPL ranks 3rd on the list of top gainers, with an 8.66% increase to $34.40. The token started the week at $28 and initially dropped but then recovered to trade in the green zone. After being listed on Binance, RPL rose to $42.62 from $32.36, however, it has since lost momentum and currently stands at $34.16, up 7.86% in the last 24 hours.
  • Avalanche (AVAX) — had a rough start this week, falling into the red zone shortly after the market opened. It hit its lowest point of $15.42, but its resilience allowed it to be among the top five coins. Despite the bulls’ pressure, AVAX fluctuated between $16-$17. However, the bears are now taking over as the bulls lose grip.
  • Uniswap (UNI) — started the week with hype, growing to $6.90 from its opening price of $6.05. For the first four days, the bears controlled the bulls within a tight range, but on the fifth day, UNI crashed from $6.78 to $6.09. Despite the bearish trend, the bulls are still holding on, and UNI is trading just above the red zone.
  • Chainlink (LINK) — also follows a similar pattern as UNI in terms of price behavior over the past week. It opened at $6.30 and rose briefly, then consolidated until the fifth…

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Doogie
Coinmonks

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