A group of altcoins are gearing up for exponential gains, according to crypto trader and influencer Aaron Arnold.
The host of the popular YouTube channel Altcoin Daily says he believes anyone that has written off the decentralize finance (DeFi) sector is underestimating the strength of the nascent market.
Arnold points to data from Ethereum insights platform Dune Analytics that shows the total number of DeFi users over time remains in a parabolic rise amidst an overall price correction in the DeFi market.
“What’s most interesting to me was in early to mid-September, when all the prices started going down, the metrics only continued to increase… This is total DeFi users over time, but you can go to individual projects and see the same thing.”
Arnold says the data from Dune is a