LCX price increases 300% + after DeFi 2.0 terminal launched by Cointelegraph

LCX Prices Rise 300% + After DeFi 2.0 Terminal Launch

The emergence of decentralized finance (DeFi) has reshaped the landscape of the cryptocurrency ecosystem, which was once dominated by centralized exchanges like Coinbase (NASDAQ 🙂 and Binance and helped make it more accessible to users. and projects seeking access to markets. .

As DeFi became a cheaper and more accessible option for investors and projects, centralized exchanges saw their BTC and Ether reserves drop and they began to compete for users as a growing number of investors have chosen to try DeFi.

LCX / USDT price. Source: CoinGecko
24-hour LCX transaction volume on Uniswap. Source: Uniswap
Total value locked in LCX pools on Uniswap. Source: Uniswap

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