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DeFi Boom: Compound, THORChain, Kava & More Gains Dozens of Percent

Multiple decentralized finance (DeFi) focused cryptocurrencies have seen parabolic performances in the past few days. This comes in spite of the fact that Bitcoin finally broke out on Monday morning, surging from the $11,700 it was holding at to $12,100 in a rapid rally. Analysts expect this interest in coins like Band Protocol (BAND), Balancer (BAL), Compound (COMP), Kava (KAVA) and THORChain (RUNE) to eventually materialize in Ethereum. Ethereum, after all, is easily the flagship blockchain of the DeFi ecosystem. Related Reading: “Rich Dad Poor Dad” Author: Bitcoin Could Soon Become the “Fastest Horse” DeFi Tokens Explode Higher as Bitcoin…

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KAVA, ERD, and BAND See 10x Moves: Why are Binance IEOs Outperforming the Market?

The crypto market is booming again, with each passing day a new token is doing another ’10x’ and making early investors rich. The latest coins in the limelight, all happen to be Binance IEOs: Kava (KAVA), Elrond (ERD), and Band Protocol (BAND). Why are Binance IEOs suddenly outperforming the rest of the market? Also, will this craze continue, and if so, which token will rally next? Binance IEOs Stagnant Since Launch Are Suddenly Soaring, But Why? During the 2017 crypto bubble, alongside Bitcoin’s meteoric rise, the ICO boom helped Ethereum explode and created an industry filled with altcoins. Most of…

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Analyst Explains Why KAVA Could Rise Further Atop Its 170% QTD Rally

DeFi token KAVA has caught investors’ attention following its 170 percent rally in the third quarter. Luke Martin, a cryptocurrency analyst, listed two reasons why KAVA/USD should continue its bullish momentum in the coming sessions. One of them is its potential listing on US-based crypto trading platform Coinbase Pro. KAVA is trading 170 percent higher on its quarter-to-date timeframe – and the emerging DeFi token has significant growth potential in the sessions ahead. So sees Luke Martin, a cryptocurrency analyst, who gave two reasons why KAVA price could keep rising in the coming future. First, he backed his bullish belief…

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