The decentralized finance (DeFi) space has surged higher in the past day once again despite stagnation in the Bitcoin price. The prices of leading cryptocurrency pertaining to this space have shot higher almost across the board.
According to CoinGecko, top coins in the span have gained a number of percent in the past 24 hours.
Altcoins such as SushiSwap’s SUSHI, Compound (COMP), Thorchain (RUNE), Aave (AAVE), and others have gained 10% in the past 24 hours alone. A number of other leading DeFi coins have gained 5-10% in the past day as well.
Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom Top DeFi <a class="wpg-linkify wpg-tooltip" title="CoinA coin is a unit of digital value. When describing cryptocurrencies, they are built using the bitcoin technology and have no other value unlike tokens which have the potential of software being built with them.
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SushiSwap’s SUSHI <a