2 DeFi trends every investor should look into for 2021
This article is for informational purposes only and does not constitute investment advice. Always do your own research (DYOR) before making any financial decisions.
It wouldn’t be wrong to say that 2020 has proven to be a great year for DeFi as the markets grew significantly. Due to this reason, more and more people are moving their investments towards DeFi projects. What makes Decentralised Finance further interesting is that its growth doesn’t seem to stop anytime soon.
That is why this is the correct time to learn about emerging trends and make the most out of them while they remain unrecognised. Two such trends for 2021 include:
- Non-Fungible Tokens: NFTs came into notice with CryptoKitties, an Ethereum based platform. The projects related to these tokens are again coming into the mainstream with the DeFi boost. Plus, these are supposed to be a point of attraction for investors due to the introduction of new functionalities.
- Security Enhancing DeFi Solutions: With the increasing popularity of the DiFi market, security became a significant concern for all investors. A number of hacks took place here within no time. For this reason, DeFi solutions that enhance the security aspect will come into demand in the coming time, especially for the investors who don’t wish to take any chance with their money.
While investing in DeFi, people should also remain careful about losing money. It is the only way to maintain profits.
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