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State of the Nation #4 - HUNGRY (BUYING THE ETH NARRATIVE, $2B IN DEFI, AND THE DEFI VORTEX)

Bankless

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Navigating Narrative Investing in DeFi

This chapter explores the shifting investment strategies within the cryptocurrency ecosystem, focusing on narrative investing as a means of predicting emerging trends. It examines the interplay between Ethereum's price movements and the dynamics of decentralized finance (DeFi), highlighting the potential for substantial shifts in market narratives. The discussion also contrasts past cycles with current developments, emphasizing the significance of yield farming and the growing appeal of Ethereum in the DeFi landscape.

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