A significant portion of the money in the cryptocurrency market has shifted from artificial intelligence-focused projects to decentralized finance (DeFi)-focused projects.
Part of the high-volume trend in artificial intelligence has shifted to DeFi projects. The fuse ignited by Uniswap by launching a community vote on February 23 brought significant increases in almost all DeFi-focused projects in the market. Uniswap’s native token, UNI, increased nearly 2 times in a short time.
Transferred by on-chain analysis platform Santiment to data According to the report, it is one of the top-earning cryptocurrencies in the DeFi craze. UNI, Convex Finance (CVX), Amp (AMP), dYdX (DYDX), Sushiswap (SUSHI) And Spell (SPELL) came.
Data available within 24 hours of CVX 30%AMP 28%DYDX 32%, SUSHI 23% and SPELL 32% showed that it was on the rise. The entire DeFi market averaged in 24 hours 7% while the total market value increases to 96 billion dollars reached.