Top 3 Coins to Watch – Week 12
Decentralized finance (DeFi) protocols and non-fungible tokens (NFTs) are the hottest categories on the cryptocurrency markets right now. While DeFi has already had its first hype-driven boom during the summer of 2020, the NFT markets have only recently started to see exponential growth. From crypto art and in-game collectable items to digital identity solutions – the NFT’s use cases seem almost unlimited. While this hyped-up subgroup of cryptos might be a bit overheated at the moment, almost every project that has recently implemented a new NFT-related feature has seen the price of its coin skyrocket. The NFT-focused project in this week’s selection is accompanied by a governance token of a famous decentralized exchange and a project that focuses on decentralized governance.