What Are the Metrics That Traders Can Use to Effectively Analyze DeFi Tokens?

metrics-that-traders-use.webp

👨‍💼If you are interested in trading DeFi, you must first learn what strategy to use for you to become successful. One way to learn a plan is by knowing the metrics in the crypto market that you should be aware of.

📊 Here are some metrics that you need to check before you decide what strategy will best work for you when trading in DeFi:
📍On-chain metrics
📍Off-chain metrics
📍Circulating Supply and Total Supply
📍Total Value Locked
📍Daily Active Users and Transactions per Day (Tx/D)
📍Social Media Metrics

📖 Read the full article “What are the Metrics That Traders Can Use to Effectively Analyze DeFi Tokens? Here: https://bit.ly/3UzES4b

🚀Join us today! Coinswap Space is a DeFi platform that offers a whole ecosystem of DeFi products and services, such as AMM/swap, staking, and yield farming.

🌐 https://bit.ly/3OT33aM

#CoinswapSpace #DeFi #Trading #Earn #Learn #Cryptocurrency #Crypto #Blockchain #Decentralized #Investments #BuildonBNBChain #Ventures #Fintech #AMM #DEX #CryptoWorld #CryptoTrader #CryptoTrade #CryptoTradingStrategies #Finance #DEX #Finance #DecentralizedFinance #BlockchainTechnology #CryptoNews #CryptoTrading

Coin Marketplace

STEEM 0.18
TRX 0.05
JST 0.023
BTC 17363.62
ETH 1301.86
USDT 1.00
SBD 2.17