DeFi
DeFi investment opportunities amplified by Modern Treasury services; Top DeFi Coins to Consider
Modern Treasury, a leading software company that manages the movement of money, recently announced its professional services for payment infrastructure, which is a significant step forward in the development of financial infrastructure, particularly in the crypto space -currencies. While these services enable businesses to evolve and innovate, they help streamline payment processes and improve operational efficiencies.
With the growing interest in the crypto market, it has become more necessary than ever for businesses to integrate a solid payments infrastructure in order to scale faster. Moreover, this applies not only to traditional financial services, but also to the rapidly growing DeFi sector, especially as the global financial landscape shifts towards the adoption of blockchain technology.
For investors interested in DeFi coins, Avalanche (AVAX), Aave (AAVE), Injective (INJ), Stacks (STX), and KangaMoon (KANG) are promising coins with innovative protocols, strong communities, and trading cases. promising usage that could factor in a huge chance of profits this year.
KangaMoon (KANG) has one of the greatest potentials for mainstream adoption and wealth generation
Aiming to bring a new style of engagement to the coin space, KangaMoon (KANG) rose to fame largely due to its incentive features that provide users with the opportunity to earn both actively and passively . Thanks to its promising ecosystem, the token presale was able to generate more than $6.7 million in revenue while it was in the bonus presale phase.
In particular, KangaMoon has captivated the minds of its supporters with its upcoming gaming ecosystem that integrates both GameFi and SocialFi models. Dubbed “Kangaverse,” participants will be able to participate in battle-themed competitions to win rewards. Additionally, users will also be able to earn $KANG tokens by betting on game outcomes. Considering its prospects, KangaMoon has developed a user base of over 23,000 registered members, including 6,000 token holders.
So far, since its launch in the pre-sale market, the price of KangaMoon has increased by 400%, from an initial price of $0.005 to currently $0.025. Already predicted to hit $1 by the end of the year, Kangamoo sets high standards like in the Play-to-Earn and Meme coin market. The fact that KangaMoon has just entered into a partnership with a community engagement team shows its determination to conquer the P2E market.
In 2022, the global NFT Play-to-Earn games market size was worth $3,292.73 million. It is expected to grow at a rate of 17.93% during the forecast period and reach $8,856.95 million by 2028. With the exciting gameplay features of KangaMoon, it is expected to influence these statistics and contribute to a greater adoption of blockchain games in the altcoin market. .
Avalanche (AVAX) is one of the most scalable DeFi networks
Founded by Emin Gün Sirer in 2020, Avalanche (AVAX) is a smart contract platform known for its speed, security and scalability. Layer 1 blockchain also provides a versatile architecture that makes it easy to create decentralized applications (dApps) and allows blockchains to be customized to meet specific needs.
Generally speaking, the native token Avalanche is considered a leader in the altcoin market with its consensus model supporting millions of validators, which enables easy trading and fuels the development of decentralized applications. As DeFi continues to revolutionize financial systems, the Avalanche network and its native token AVAX are poised to take the lead with its advanced technology and commitment to decentralization.
Aave Lending Protocol (AAVE) is a huge innovation in the DeFi space
Aave (AAVE) is a decentralized finance (DeFi) platform that allows you to lend and borrow cryptocurrencies in an open-source, non-custodial manner. However, what sets this project apart from its peers is its support for a wide range of cryptocurrencies ranging from traditional Bitcoin to Ethereum, altcoins and even stablecoins.
This uniqueness has pushed the Aave network to present itself as one of the best money markets in the industry in terms of liquidity and technical capabilities. Another notable feature of the Aave protocol is its flash loan which allows users to borrow crypto assets without the need for collateral, all within a single transaction block.
The network’s interoperability with other DeFi protocols adds to its appeal. This provides users with flexible opportunities for profitable crypto borrowing and lending, while fostering a thriving ecosystem.
Injective (INJ) is one of the few DeFi coins fighting against Ethereum dominance
Since its launch in 2018 by Binance Labs, Injective (INJ) has made waves in the blockchain space, becoming a serious competitor to Ethereum, which has long dominated the sector. In particular, the Injective blockchain network is specially designed and optimized for decentralized financial applications.
At the time of its release, Injective stood out for its innovative proof-of-stake consensus that allowed the platform to process an impressive 70,000 transactions per second with minimal transaction costs. This puts it ahead of other well-known networks like Bitcoin and Ethereum in terms of speed and efficiency with over 150 projects hosted on it.
Stacks coin (STX) is one of the most promising DeFi investments
Stacks Coin (STX) runs on the Stacks network and also extends the functionality of the Bitcoin blockchain by providing a more agile execution layer for smart contracts. By leveraging Bitcoin’s security infrastructure for transaction validation, the Stacks network delivers faster transaction speeds while maintaining robust security.
Additionally, Stacks integrates the Bitcoin Naming System (BNS), which makes it easy to register names on the Bitcoin blockchain. This inevitably improves user experience and digital identity creation. In general, Stacks Coin offers the opportunity to tap into the growing ecosystem of decentralized applications, which not only benefits from its focus on security and scalability, but also offers developer-friendly features.
Can KangaMoon dominate the DeFi market this decade?
There are indeed many DeFi crypto giants, including those mentioned in the article above, and given their vast array of utilities, KangaMoon may struggle to surpass them all. However, in terms of adoption rate and network activity, KangaMoon can at least possibly rank among the top DeFi coins of this decade.