In the DeFi sector, on November 4, analysts singled out one coin that showed fantastic growth. Band Protocol (BAND) increased by 88.4% in a day. The current price is $3.3, and the capitalization was $99.52 million.
For 7 days, the token added about 160% in price. Traders made transactions for $813.2 million.
Experts attribute the rapid growth to the release of recent news from the developer of Band Protocol about future updates to the network.
Other projects from the DeFi sector have not been able to demonstrate similar price growth results.
For 7 days, the best result after BAND remained with the Injective (INJ) protocol. Quote INJ rose by 43.97% for the week and reached $2.77. The total amount of transactions reached $469.2 million.
Earlier it was reported that the CoinMarketCap community predicted the price of SHIB. You can read more about this here.
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