CandleFocus Analyst Says Ethereum-Based Altcoin Has ‘All the Markings of the Next Big Success’ and Could Explode 700%+
2024-12-24
Author: Content Editor
According to pseudonymous analyst CredibleCrypto, the decentralized finance (DeFi) token Curve DAO (CRV) is his "highest conviction" bet due to its risk-reward ratio. He believes CRV could rally by at least 722% from its current level. CRV is currently trading at $0.852, up by over 70% in the past 30 days. The analyst's bullish thesis is based on the tokenomics of CRV, which has a locked supply and generates real yield from working products. Unlike Bitcoin, CRV's long-term holders cannot sell during bear markets or take profits during bull markets, giving it an advantage. The analyst believes CRV has the potential to be a big success in the DeFi space.
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