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DeFi’s Total Value Locked Reaches $118.4 Billion as CRV and Other Tokens Show Significant Gains Coinotag 25 Nov 2024

DeFi’s Total Value Locked Reaches $118.4 Billion as CRV and Other Tokens Show Significant Gains 🚀

The month of November has marked a critical period for decentralized finance (DeFi), with the total value locked soaring to $118.4 billion. This figure has not been achieved since 2021, indicating a robust recovery in the DeFi sector.

One key factor driving this growth is the renewed confidence from investors, partly influenced by positive market trends and performances of particular tokens.

Tokens such as CRV have demonstrated remarkable gains, contributing to the overall increase in value across the DeFi landscape.

Source: en.coinotag.com ↗