There are several DeFi Coins on the market because the entire decentralized finance ecosystem is growing by leaps and bounds. However, of all, DeFi Coin is the one that stands out the most for its potential.
In this context, it is important to know how the price of DeFi Coin could evolve in the medium term to put together investment strategies in the present that help increase capital.
DeFi Coin Price History
Unlike other cryptocurrencies in the industry, DeFi Coin did not get off to a good start as it practically started falling since its launch, going from $1.50 to just $0.02. The reason? Different delays and problems with the development of your decentralized exchange.
However, once all this problem was solved, DeFi Token Development went through a process of stock market capitulation in which the offer by investors practically ended, which gave rise to the beginning of a new upward trend.
DeFi Coin Price Prediction in 2022
By the end of 2022, DeFi Coin is expected to reach a price of around USD 0.65, mainly due to the good projections of the entire decentralized finance sector in general.
A recent Yahoo Finance article noted that the DeFi Development sector has grown 47% over the last year. This growth has been fueled by the success of well-known DeFi protocols such as Uniswap, PancakeSwap, and Curve, which have offered investors an alternative to centralized financial markets. These protocols opened the ground for DeFi Coin to follow in their footsteps and achieve comparable success.
As investors want to maintain reliability, security and anonymity, they opt for the use of decentralized exchanges, such as DeFi Swap. And to talk about DeFi Swap is to talk about DeFi Coin. In this sense, it is believed that both the intermediary and the token will appreciate in value in 2022.
DeFi Coin Price Prediction in 2023
By 2023, the trend would remain consistently bullish. Again, the trigger would be the upward consolidation of the entire ecosystem, both the exchange and the token. In this framework, a DeFi Coin price of approximately $0.95 is expected.
Although the cryptocurrency would have grown compared to the previous year, its market capitalization would still be very small, so the potential would still be intact.
In addition, there are only 100 million tokens and no more can be minted, which means that the supply is limited and, therefore, its value would increase over time.
Another essential aspect to keep in mind is the inherent “burn” mechanism of DeFi Coin. This works by destroying a set number of tokens at a specific point in the future, determined by the coin's development team and the community at large.
When tokens are destroyed, it reduces the total supply and makes the remaining coins scarcer, which helps increase the price.
DeFi Coin Price Prediction in 2025
For the next few years and by 2025, DeFi Coin would reach a price of USD 1.40 and would be close to the launch values. In this case, the reason would be the growth of DeFi Swap and its arrival on the podium of the best decentralized exchanges.
The DeFi Swap team is not only aiming to launch a mobile app for Android and iOS that allows investors to trade conveniently and easily, but also has plans to enter the realm of NFT assets.
Those who wish to invest in NFTs will be able to do so through the DeFi Swap ecosystem, as the development team aims to create a section to buy and sell these digital assets. The NFTs will be denominated in DeFi Coin, providing another compelling use case for the coin.
The DeFi Swap team also has plans to offer a second version (V2) soon, which will add technical analysis options, webinars, news, and more. Following this, V3 will be released, integrating crypto signals, forums, interactive charts, real-time market data, and podcasts into the ecosystem.
DeFi Coin Price Prediction – Conclusion
In conclusion, DeFi Coin is a cryptocurrency focused on the decentralized finance environment with a lot of potential ahead. In the next few years, its price could rise in value surprisingly, providing great profits for its investors.
To participate in the growth, it is enough to open an account in a virtual wallet compatible with BSC, buy BNB and exchange them for DeFi Coin. Checkout more DeFi Development Company