Skip to main content

The top 5 DeFi-Coins for the month of December



There are exciting developments pending for these 5 DeFi-Coins in December 2021, which could have a positive effect on their prices.


Reserve Rights (RSR)

RSR is a stablecoin platform that uses two tokens, namely the Reserve Stablecoin (RSV) and the Reserve Rights Token (RSR). The latter uses an arbitrage system to keep the price of the first token at $ 1. The reserve protocol or the main net of RSR will probably be launched on the Ethereum main net before December 31, 2021 .


Let's take a look at the RSR chart. RSR has broken above a descending resistance line and is now approaching September highs at $ 0.06. As soon as the RSR price breaks above this resistance area, there will be no resistance apart from the most recent all-time high (USD 0.1).


THORChain (RUNE)

THORChain is a decentralized liquidity protocol. With ThorChain, users can exchange crypto assets over various networks. RUNE is the protocol's native DeFi token and is the platform's base currency. Like RSR, THORChain is expected to launch its Main-Net before December 31, 2021, probably before Christmas.



The RUNE price has also broken out of a descending resistance line. The THORChain course then validated this line as a support, and then rebounded from it. In addition, the RUNE rate validated the area at USD 10 as support. As long as the RUNE price stays above this range, the trend will likely remain bullish.


Swipe (SXP)

Swipe is a cryptocurrency platform. The Swipe team intends to network the crypto world with the traditional financial sector. SXP is the native token of the crypto platform on which the platform is based and which is also used to pay for the transactions. The Swipe app allows you to convert crypto to Fiat using the Swipe Card (and vice versa). Swipe Financial, one of the main features of the platform, will be released in December .



The DeFi-Coin has not yet responded to the positive news. The swipe price is currently holding above the horizontal support area at USD 2.10. It looks like the SXP price is currently being traded within an ascending, parallel channel . This pattern is a bearish pattern. Therefore, the SXP price could possibly break out below the channel.


Chainlink (LINK)

Chainlink is a DeFi Oracle platform on which different blockchains can interact with one another. The participants operate their own nodes on the network . BitFlier, the largest exchange in Japan (in terms of trading volume), will list Chainlink in December 2021 .



The Chainlink course (LINK) has broken out under an ascending support line. After that, however, the LINK rate bounced off the support area at USD 22.10. The 0.618 fib retracement level is also located there. If the price of an asset bounces off this level, it is a bullish sign. Therefore, the Chainlink price could soon start a new upward movement.


Orion Protocol (ORN)

The Orion Protocol is a decentralized platform that specializes in offering liquidity. The main goal of the developers is to unite every centralized and decentralized platform as well as swap pools on one platform. You can theoretically soon access the entire crypto market with this DeFi platform. The native token on which the DeFi platform is based is ORN. The ORN Liquidity Boost plug-in will officially be launched in December.



The ORN rate has barely moved since the beginning of September and has since swung back and forth above the support area at USD 7.

My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
Upland - Collect Digital Properties & Test Your Skills
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

Post a Comment

Popular posts from this blog

The 5 largest platforms for non-fungible token (NFT) collectibles

  Since the beginning of 2021, non-fungible tokens (NFT) have had no holding back and the sector is setting new records almost every day.  More and more artists, stars and brands are realizing the potential - NFT are well on their way to catapulting the crypto space into the mainstream.  But which collectibles are currently the most popular? What are NFT? NFT are unique tokens that cannot be exchanged one-for-one for an equivalent token.  Any asset that is tokenizable can be an NFT.  This includes, for example, (digital) works of art, trading cards, game items and crypto domains.  Theoretically, however, real estate or securities can also be mapped as NFT. NFTs can be used to transparently map ownership structures on a public blockchain.  This allows them to store value just like real objects, even if additional copies are easy to make.  For example, the original picture of the Mona Lisa is significantly more valuable than a photo, as everyone kno...
11 comments
Read more

CARDALONIA: THE CARDANO METAVERSE OPENS THE GATES!

  Have you ever been to Cardalonia? With these words, the Cardano Metaverse called Cardalonia starts the gates. In this 3D world, developers and users can interact with each other. First of all, users have to create an individual character with which they can move online. After that you can enter one of the worlds built by developers with this character. You can also purchase your own land in the Cardano Metaverse via the marketplaces in Cardalonia . This is secured by Cardano's blockchain technology and therefore offers a relatively secure transfer of ownership. Since these are only digital plots of land, it is not yet entirely clear when the plots of land are purchased whether they can also be sold again in the future. A possible profit cannot be estimated at the moment. In Cardalonia, the cryptocurrency Lonia is used. The maximum amount of tokens in circulation is 100,000,000. The team consists of Alice Sand (Co-Founder), Vasil Air (CTO) and Dustan Water (Fullstack Developer). T...
Post a Comment
Read more

Cardano: This is the vision that founder Charles Hoskinson has

  The Altcoin Cardano has tended to decline in recent weeks.  The Alonzo upgrade was supposed to bring improvements, but it soon turned out to be a disappointment.  Cardano founder Charles Hoskinson presented his vision for the cyber motto in a live Twitter video. • Cardano in the last few months under pressure • Charles Hoskinson explains his Cardano vision via Twitter • Security and privacy at the center The cryptocurrency  Cardano  has had a difficult few months.  While founder Charles Hoskinson's cyber motto has had a strong run in 2021, it has been steadily downhill in recent months.  Cardano is faced with some difficulties.  The so-called Alonzo upgrade went live in mid-September, for which crypto fans had high hopes, but which soon turned out to be a disappointment.  The upgrade should make it possible to use smart contracts on the cryptocurrency as well.  It soon turned out, however, that although these were entered into Cardano,...
Post a Comment
Read more