BNB In High Demand (What Coins Are About To Make Their Move?)

in #litecoinlast month

BNB has been going parabolic and I could tell there was huge demand for it based on the rates you could make by staking it on Venus. These other projects that haven't made their move but have increasing TVL numbers when looking at DeFi Llama. Also stuff that is tokenized on the Binance Smart Chain, rising TVL, and hasn't made it's move yet. Filecoin, Uniswap, Pokadot, Tron, and Matic all fall into that category. Then you can take and post those projects as collateral.

Litecoin is undervalued based on where we are at in the market and the amount it is being utilized. In general the TVLs will increase on these various chains as Bitcoin and Ethereum go up and then the liquidity pools are automatically worth more and as the mining tokens increase in price more people chase yield and bridge their assets onto the chain. Polygon, TRON, and Filecoin are looking pretty good overall and they can be posted on Venus as collateral and then borrowed against once again.