DEFI GEM - UNISWAP - UNIQUE OPPORTUNITY FOR EARLY INVESTINGHonestly, I am not able to say whether the DeFi trend can continue like this. However, we still are on its early stages, hence, if it really reveals to be the new BIG THING, it can still grow exponentially. If not, we will see it blow up as the ICO trend. As of now, I think the hype is sustainable as the DeFi idea is really interesting in the future perspective it is still a relatively small capitalized market, hence a steep growth is normal.
Philosophy aside, among all DeFi projects, Uniswap really hit my eye as very undervalued compared to the others due to its performances. Indeed, it is already in the top 3 DEX (decentralized exchanges) around there by assets locked in it. Huge. The reason it is still undervalued is that it does not have its native token, does not show in the major sites standard crypto investors use. However, in the last 3 days it doubled the number of assets used as collateral (locked) in it. However, the price on the chart did not keep up with this, showing a 30% growth "only". Even considering the lowest price of the last few days, the target should be 48,000 in order to have that 100% growth reflected in the price.
This represents an unique opportunity to enter a hyped trend with an undervalued gem. It is like being able to see 3 days in the future. I hope to be right.
As I said, the great thing is that Uniswap is one of the few that does not have a token yet, and the only opportunity to buy it is on FTX only (check the status for help on this).
When Uniswap will eventually issue a token or other major exchanges will start to quote the perp-future, it can really be a crack.
I am putting a small chip on it right now.
