The post Earning 100x Profits with Decentralized Exchange Tokens: Here’s How appeared first on Coinpedia Fintech News
2024 has been a wild ride so far! Bitcoin has been up a whopping 60% since the year started, and it’s almost breaking new records. Ethereum, Solana, and other altcoins are also on the rise. Everyone’s talking about AI, teaching computers to think like humans. Some clever folks are using AI with crypto to make things run smoother.
Analyst Conor Kenny recently pointed out how tricky it is to determine which area, or “niche,” will be the most profitable.
Decentralized Exchange Tokens in Focus
While people have been talking about things like artificial intelligence and meme coins, another area is worth paying attention to decentralized exchange tokens. These tokens are used on platforms where people trade cryptocurrencies without a central authority.
The analyst said that one example is Uniswap, which has grown a lot and reached a value of $22 billio
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