Introduction
While Bitcoin and the total cryptocurrency market capitalization continue in a steep decline, most DeFi tokens soared last week and another good chunk of DeFi tokens entered stability zone by making sideways ranges, just as the RBS of the #RobiniaSwap platform has been doing.
There are exceptional cases of tokens with better performance in the last week, which even give the impression that cryptocurrency markets are positive in net terms, this if we take into account the percentage growth achieved by GALA (227%) which was the token that rose the most.
Now, even if the performance of tokens such as RBS does not require exceptional cases such as the one shown by GALA, however, the sideways trend movements between $0.16 and $0.20 of RBS, is a good area to add capitalization to its potential investors.
This behavior may cause investors to show interest in RBS tokens, and despite the negative effect of the generalized fall in prices in the rest of the cryptocurrency market, RBS may at any time present attractive percentage returns.
In closing, we should keep an eye on Bitcoin's price action as it has been experiencing an appreciable recovery in the last 24 hours, so there may be a massive rise and this may somehow favor the rebound of RBS.
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OBSERVATION:
The cover image was designed by the author: @lupafilotaxia, incorporating image background: Source: Blokfield.Gitbook.io
