Credible trader has discovered an altcoin whose value can grow by 1000% in the near future
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Trader Credible predicted on Twitter that the price of the Curve Finance (CRV) token could grow tenfold in the near future, exceeding the $ 40 mark. The analyst argues that this is a likely scenario for an altcoin decentralized trading platform that has $ 20 billion in funds locked up.
Credible noted that about 90% of these funds are blocked for more than 4 years. At the moment, the Curve Finance platform ranks first in terms of blocked funds in the field of decentralized finance (DeFi), the trader added.
On November 23, the Curve Finance token is trading at $ 4.4. Altcoin has a market cap of $ 1.7 billion, according to CoinGecko. Over the month, the token has risen in price by 20%.
Curve Finance is a decentralized trading platform for exchanging cryptocurrencies and stablecoins. The exchange has issued its own CRV governance tokens, which allow holders to participate in the development of the project.