Crypto influencer and trader Elliot Wainman is bullish on a low-cap altcoin that is combining the advantages of decentralized finance (DeFi) and non-fungible tokens (NFTs).
In a new YouTube video, the trader tells his 260,000 subscribers that KIRA Network (KEX) has the potential to grow exponentially as the DeFi and NFT sectors continue to gain traction.
KIRA allows users to earn rewards by staking digital assets while still maintaining full liquidity and custody over those funds while doing so. Users can stake cryptocurrencies, digital fiat and non-fungible tokens (NFTs).
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Explains Wainman,
“You don’t have to sell [your assets] or liquidate them to access the value of them… They’re even saying you can take out these assets, use them with leverage here. You can see that they’re really feeding into the DeFi narrative here and we all know derivatives and getting into that world is a ton of value that you can capture.”
The analyst highlights that the project