DeFi tokens are oversold but revenue and TVL show traders expect a bounce By Cointelegraph

DeFi tokens are oversold but revenue and TVL show traders


DeFi tokens are oversold but revenue and TVL show traders expect a bounce

Over the last month the crypto market has seen a significant amount of volatility as a 6-month altcoin bull market abruptly came to an end with the most recent (BTC) price rejection at $12,000.

At the same time, the DeFi sector saw an amazing run as the total value locked in DeFi platforms surged above $10 billion but at the time of writing the sector is in the midst of a mild correction.

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