'Hyperinflation' DeFi coins hit the hardest in crash: Report

Cointelegraph

Published Oct 27, 2020 10:09PM ET

Updated Oct 27, 2020 11:40PM ET

Many high inflation decentralized finance tokens are still correcting despite Bitcoin’s push to new yearly highs.

Research by IntoTheBlock suggests that DeFi token prices and protocol metrics have diverged significantly since September. Total value locked has dropped around $1 billion over the past few days but remains near its all-time highs.

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