The pseudonymous crypto trader Bluntz believes that the decentralized finance (DeFi) sector is set for a repeat of its 2021 rallies. This follows news that Trump's World Liberty Financial (WLFI) platform purchased $50 million worth of DeFi coins. Bluntz is particularly bullish on the decentralized stablecoin protocol Ethena (ENA) and believes that AAVE, another DeFi coin, is likely to reach all-time highs. Bluntz sees these actions by the president-elect as a green light for DeFi, indicating the sector is de-risked. At the time of writing, AAVE is valued at $367.87.



Other News from Today