Kyber: Fulfill its DeFi Destiny by Breaching All-Time-Highs
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An extremely optimistic view on Kyber Network breaching its all-time-high on the BTC pair in the short-term. This is given from the fact other DeFi coins such as Aave (LEND-BTC), Ren Protocol (REN-BTC), Elrond (ERD-BTC), Synthetix Netwok (SNX-BTC), and others have also reached their ATH levels.
Token supply from the exchanges are also being drained, most likely for staking rewards, found via the ViewBase platform
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.