In this article, we present one of such tokens that have the potential for growth, DeFi Coin. It hasn’t been too long in the market, but the newly minted coin is earning credence amongst investors. That’s why we notice a lot of price increase within a few days following its launch.
If you’re a crypto investment enthusiast, you already know that diversification is the best strategy. With the plethora of decentralized finance protocols and their native tokens, you might get confused about which to purchase.
The community is eagerly waiting for the DeFi Coin coin to hit the $1 mark. But if you’re still in doubt about whether to buy or not, keep reading. This article shares 5 reasons why you should purchase DeFi Coin.
Reasons to Buy DeFi Coin
1. Very Affordable
With Uniswap, Terra, Chainlink, and others rising in price every day, it has become harder for small investors to accumulate a large number of coins. But with the DeFi Coin, you can amass a lot since the price is below the $1 mark now after its highs of $1.67 two months ago.
Presently, the token price is $0.55986 on PancakeSwap after losing 3.07% in 24 hours. So with $100, you can buy 153.81 DeFi coin. This quantity is not possible with other tokens.
2. Knowledgeable Team Of DeFi Coin
The team behind DeFi Coin comprises experts in the digital industry. They have big plans underway to make the project an outstanding one. According to what their spokesperson revealed to our sources, the team aims at partnering with many mainstream cryptocurrencies in pooling staking and farming DEFC on DeFiCoin Swap.
3. Token Burning System
DeFi Coin has a token-burning system that lowers supply. The implication is that as the supply reduces in the market, the value and price of the token go higher. The team is also utilizing a manual system to burn these tokens. As such, the management can pinpoint the right time to burn the tokens for better results.
4. Automatic Liquidity Pool
One of the challenges of many DEX is the lack of liquidity as more centralized authorities are leading the crypto industry. But by automating the liquidity pool, DeFi Coin can pay interests from its commissions. Also, it can facilitate trades without the need of order books. This implies price stability and lesser volatility.
5. Price-Boosting Plans For the Future
The Defi Coin team is focused on putting the token at the frontlines. Some of their future plans will help to boost its value and increase its price. For instance, the team plans to launch a DEX (decentralized exchange on the official website.
They will also release an app for the coin. Moreover, the listings in top platforms such as CoinMarketCap, PancakeSwap, and CoinGecko will also boost the token’s recognition, accessibility, and adoption. Presently, investors can buy DeFi Coin on PancakeSwap, and the price is at 0.65.
Everything about DeFi Coin looks promising. The team, the recorded growth, the features, and the roadmap shows that the token is on its way to a bullish trend. So, grabbing a large number of DEFC might result in a huge gain in the future. But still, carry out your research before investing in any crypto.