According to data from http://dapp.com, #ETH has a very close correlation with #DeFi performance.
📈When DeFi reached its peak in 2019, #ETH reached its highest price as well.
We can see that, in 2020, the Daily Volume of #DeFi (erc20 excluded) has 📈 increased from $3.5M in Jan to $17M in Feb recently. Meanwhile, #ETH reached its highest price at $280 in Feb😄
❓Do you think ETH will exceed $300 this year? What price are you expecting?
Eth could hit 700$ in 2020.
Posted using Partiko Android
Let's see how the DeFi performance (transaction volume USD) in the following months in 2020. If it continues the upward trend, ETH should have a very positive price trend in 2020.
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