“Preparing for the Next Bull Run: Top 5 Lending Coins to Accumulate“
In the previous bull run, DeFi coins were the stars, offering investors the most significant gains. Tokens like $AAVE and $MKR gained popularity and status as leading DeFi coins. As we anticipate the next bull run, it’s vital to focus on the lending narrative once again. Here are the top 5 lending coins to accumulate in preparation for the next market surge.
“Coin #1 – $COMP“
The first lending coin to consider is $COMP, the protocol token for Compound Finance, an Ethereum-based lending project. Through Compound, you can deposit your cryptocurrency as collateral, becoming a lender and earning a yearly return on your assets. Additionally, the platform allows you to borrow cryptocurrency, eliminating the need to sell your main holdings for spending. Instead, you can take a loan from your deposited collateral and repay it at your convenience.
**Hot Take: The Importance of Lending Coins in the Next Bull Run**
As the crypto market gears up for the next bull run, focusing on lending coins like $COMP can provide stability and growth potential in your investment portfolio.
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