Another day of exciting cryptocurrency market action is in the books. Nearly all of the top 100 assets have noted strong growth, but that isn’t necessarily where the real money is made. These five DeFi tokens have all seen interesting momentum, even though their market cap would not necessarily indicate it.
BRXZ (bZx Protocol)
It has been a while since the native asset of bXz Protocol made any real movies on the market. That wait was seemingly worth the while, given how there is a 33.3% increase in the past 24 hours. With this value now approaching $0.31 again, the recent all-time low seems to be a thing of the past entirely. There is still some minor volatility to keep an eye out for.
The native asset of DeFi platform Cream.finance appears to be going strong ahead of the weekend. With a 29% increase in place, the value of CREAM has surpassed $50 in a convincing manner. Its all-time high of $289.47 is still well out of reach, but so is its all-time low, which is interesting. either way.
Another DeFi protocol making its mark on the industry comes in the form of Melon. This is apparent when looking at the current MLN price, which notes a strong 25.8% gain to hit $30 again. It too saw an all-time high of over $250, which may not necessarily be reached again in the future. That said, there is some good money to be made if one is willing to take some risks.
Although the EasyFi network is relatively new among all other DeFi projects on the market today, there seems to be a lot of excitement surrounding it. With a 25.5% increase in value in place, the all-time high of $10.86 comes within reach again. It has a market cap of just over $3.3 million too, which can make it appealing to the right type of investor.
For the second day in a row, SUSHI seems to note incredibly strong gains for reasons that may not immediately be apparent. Sustaining such a rate of growth will be difficult at this rate, but as long as Bitcoin keeps pushing higher, these DeFi assets should follow as well. With another 21.1% gain in place today, the project seems to be recovering from the earlier dip a few weeks ago.
The post Daily DeFi Watchlist: BRXZ, CREAM, MLN, EASY, SUSHI appeared first on CryptoMode.