ChainLink (LINK) and REN, 2 Tokens to Escape October’s DeFi Correction
Summary:
Majority of known DeFi tokens have continued to lose value in the crypto markets
ChainLink (LINK) and REN are two DeFi tokens to post gains in October
The DeFi industry is currently experiencing what looks like a cooldown after an impressive run in Q3 of 2020. ChainLink (LINK) and REN, 2 DeFi Tokens With Gains in October
The performance of the top 10 DeFi tokens in the month of October was analyzed by the team at CryptoRank Platform who then concluded that only ChainLink (LINK) and Ren (REN) posted significant gains last month.
However, other prominent DeFi tokens continued with their losing streak in the crypto markets as highlighted in the tweet below by CryptoRank Platform. ChainLink’s Price is Testing the $10 Support
In terms of market value, ChainLink was also hard hit by yesterday’s crypto wide correction that saw LINK drop from $11.60 to as low as $9.94 – Binance rate.
