The hype threat of "hot coins" in the bear market
Since this time, DeFi is a hot spot in the circle. Both most popular projects are usually COMP and BAL. Included in this, COMP is the governance token of Compound, and BAL is the governance token of Balancer. These two coins ushered within an unexpected surge at the start of their listing. Over time of precipitation, what's the current scenario of the two coins? Let's take a look at their recent styles: Let's first look at the trend of COMP: The shape above shows the currency price trend of COMP. It proceeded to go from 96 All of us dollars at the start of its listing on June 17 to quickly soaring to All of us$341 on June 22 and to US$176 on July 13 in less than a week. The price tag on the currency has dropped by nearly 50% from the highest point, and the purchase price has doubled since the start of the listing. Let's look at the trend of BAL: The image above is the currency price trend of BAL. It reached its highest price of 19.72 US dollars at the start of its list...