DeFi Tokens Rebound: Market Bounces by 19% in 24 Hours
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However, after the 19% rebound in the DeFi sector in just one day, analysts seem to suggest that the bears are once again withdrawing, paving the way for the recovery to once again take effect. Impressively, today saw between 3% and 39.6% gains posted in 32 of 37 DeFi tokens according to data from Messari.
For instance, with an average gain of 8.3% in the ethereum market, only 136 of 178 ETH-based tokens are currently in the green. Topping the ranking is Ampleforth (AMPL), crypto project Ampleforth’s tokens, which had a gain of 84.5% – as YFI and LRC followed closely.
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