The attention in the DeFi sector has shifted recently. The data from the CoinGecko platform show a different picture in the Ethereum DeFi sector than in the field of the most important cryptocurrencies. The majority of the most important DeFi tokens recorded losses in the past 24 hours. However, there are still tokens that offer investors the opportunity to make large profits in a short period of time.
The token AUDIO of the decentralized platform for music streaming, Audius, is one of the biggest winners of the last few hours. Following Binance's announcement that it would list AUDIO, the value rose more than 1,000% in a short period of time. Since then, the token has dropped -17.31% and is trading at $ 0.22.
Ethereum DeFi Token Receives Funding From Binance
However, AUDIO could extend its uptrend. Part of Binance's announcement suggests that Binance's investment arm, BINANCE Labs, has made a strategic investment in the decentralized Audius platform. As a result, they launched a financing round for Audius with an estimated value of $ 1.25 million.
