Popular Crypto Trader is bullish on one DeFi Altcoin as Bitcoin (BTC) pulls the market down.


Popular cryptocurrency traders remain bullish about One Decentralized Finance (DeFi) altcoin despite the overall price decline in the market.

Pseudonym Analyst Credible inform His 332,400 Twitter followers are still buying Curve DAO Token (CRV), a governance token from Curve Finance, a decentralized exchange for stablecoins.

“Currently, the average CRV is low, but we are simply adding more. My last purchase was around $1.60 and if I could get more capital I would buy more as close as possible to the current level. Staking at 50% annual interest rate [annual percentage rate] At Convex Finance like we’ve been doing for over the last six months.”

CRV is trading at $1.13 at the time of writing. The 117th largest cryptocurrency asset by market cap has fallen more than 16% in the past seven days.

reliable note Bitcoin (BTC) is currently dominating the market.

“BTC lowered another swing and brought CRV (and the rest of the market). It has now reached a significant support/resistance area. [for CRV] And took a key swing row to the left. Let’s wait until we have a foundation here and try to reclaim the areas we’ve fallen into and work for a reversal.”

source: Trusted/Twitter

Bitcoin is trading at $29,362 at the time of writing.

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