Do you think DeFi projects will move uptrend this year ?

I still remember vividly how well DeFi related projects performed in the past few years but there seem to be a downturn performance last year.

Though after studying these projects for a while, it occurred to me there’s a possibility of some doing well especially those with multiple utility for instance Berachain. Its performance has been quite impressive after listing and another one I’m interested in is Elixir which as it own decentralized stable coin which in turn offers a flexible solution for liquidity providers on various DEXs.

It seems this year will bring about worthy DeFi projects especially ELX. I’ve seen it listed on both Bybit and Bitget which is rewarding new users through it candybomb event. I’ve finally come to the conclusion of finding more potential projects after listing and using the short strategy to earn more profits.

Every cycle there’s a new meta, last one was all about NFTs (mainly monkey PNGs), this cycle it seems to be all about memecoins.

Me

zuriji said:

Every cycle there’s a new meta, last one was all about NFTs (mainly monkey PNGs), this cycle it seems to be all about memecoins.

Click to expand...

memes are just part of it. AI agents, Defi isn't left out. Tbh elixir had a rocky launch, but price has managed to hold well. They've also secured some partnerships like blackrock, buidl, Bitget(comes with launchpool) and other platforms OP mentioned. We never can tell but so far, they could kicktart DEFI season