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Decentralized Danger: Is the DeFi Boom Killing Off Altcoins? – The Daily Hodl

It’s fair to say that 2020 has belonged to DeFi tokens. The performance of yearn.finance and widespread excitement for assets like Uniswap and Compound had capt…

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Its fair to say that 2020 has belonged to DeFi tokens. The performance of yearn.finance and widespread excitement for assets like Uniswap and Compound had captivated investors, with many currencies eclipsing the traditional top 10 of altcoins. But will the arrival of the DeFi boom kill off some of the cryptocurrency worlds mainstays?
The rapid rise of decentralized finance (DeFi) has been heavily reflected in the soaring prices of yield-related tokens, s…

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