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Wing Finance surges 167% in a week: Here you can buy WING tokens

 


The price of the Wing Finance token has increased over the past few days, especially since Thursday, July 28th. The price surged to a high above $53 on Friday, July 29th before collapsing to the current price of $16.69. The WING token has gained 167.8% in the last 7 days and it continues in the uptrend.


Nonetheless, investors believe that last week's price surge is an indication that the WING token could make new highs in the coming days. After all, it is currently trading at more than three times its price on July 27th, about 5 days ago.


To support investors and traders looking to reap the benefits of the Wing Finance token, especially now that it has fallen from its Friday peak, Coinjournal has created this short article detailing the best platforms to buy WING tokens.


What is Wing Finance?

Wing Finance, commonly just referred to as Wing, is a credit-based decentralized platform designed for crypto asset lending and cross-chain communication between decentralized finance (DeFi) projects.


It aims to make crypto lending services more inclusive via a credit scoring module that eliminates the need for collateral when borrowing. It also allows the creation of new blockchain projects.


Wing uses Decentralized Governance (DAO) in conjunction with a risk control mechanism to create a relationship between creditors, borrowers and guarantors. This has increased the number of projects using the platform and also improved the accessibility of crypto lending and borrowing for users.


Wing has successfully solved the over-collateralization problem plaguing the DeFi industry with the help of the Wing DAO. The DAO has developed a credit-based DeFi protocol running on the Ontology blockchain (ONT), allowing users to participate in decision-making, operations and product creation.


Should I buy WING Coins today?

If you are looking for a cryptocurrency that has shown signs of a rebound in the coming days, especially after the recent crypto market meltdown, then Wing Finance could be a good bet.


Still, you should be careful as the crypto market is extremely volatile as just seen on WING over the weekend where the price surged above $53 in 5 days and then dropped below $20.

The majority think that Wing Finance's surge on Friday was just a warm-up and that the token could be on the verge of a major breakthrough, especially given the surge in activity on the Wing platform.


The Wing platform recently launched the Wing NFT Pool, announced the Wing x Flamingo Joint Event and the Wing Polkapets NFT Airdrop Update.


All eyes are on a price target of $60 before the end of this week.

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