MBM_Crypto

Wanna Buy some Defi coins? Watch this!

FTX:DEFIPERP   DeFi Index Perpetual Futures
Just saw this crazy chart!

"DEFI-PERP tracks the price of a basket of Decentralized Finance coins, using a weighed average of the prices of KNC, MKR , ZRX, REN, REP, SNX , COMP, TOMO , RUNE, CRV , DOT, LINK, MTA , SOL, CREAM, BAND, SRM , SUSHI, SWRV, AVAX, YFI , UNI , WNXM, AAVE, BAL. Get exposure to 25 different coins with one future!"

This chart actually indicates the price movement of Defi Coins. This can be very useful if you want to buy Defi coins.

As we can see on the chart, the weighed average of the prices of 25 defi coins has been forming a bigger symmetrical triangle. We should watch for a break to the upside. that will be a good time to buy DEFI Coins.

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