Table of Contents

• Top DeFi Coins Poised for Massive Increase This Year

• Angry Pepe Fork (APORK): The Best New DeFi Project

• Mantra (OM): Expands Into UAE To Increase Adoption

• Chainlink (LINK): Leading the RWA Revolution

• Stacks (STX): Leading Bitcoin Into the Decentralized Future

• Pyth Network (PYTH): DeFi’s Bridge To the Financial Market

• Top 3 DeFi Trends To Watch in 2024

• Tokenization of RWAs

• Decentralized Physical Infrastructure Networks (DePIN)

• Restaking

• In Conclusion

Over the last few months, the decentralized finance (DeFi) market has been growing alongside the rest of the crypto market. According to data from DappRadar, the total value locked (TVL) in the DeFi market has crossed $192 billion for the first time since February 2022.

The rise in TVL has been linked to an inflow of funds into the DeFi market. DappRadar added the market continues to build momentum as we head into the later phases of this year’s bull market. With the market expected to grow even bigger, investors are now actively in the space in search of the top DeFi coins to buy.

Top DeFi Coins Poised for Massive Increase This Year

The majority of the leading crypto analysts, including Michaël van de Poppe, have claimed that 2024 will witness the explosion of DeFi. Below are the DeFi coins that look very likely to lead the market in gains this year;

1. Angry Pepe Fork (APORK) has launched a new MemeFi model that seeks to change the face of the meme coin market, one of crypto’s fastest-growing sectors.

2. Mantra (OM) is an institutional-grade RWA L1 blockchain focused on compliance and regulation for institutions and developers tokenizing real-world assets (RWAs).

3. Chainlink (LINK) is now the most popular DeFi blockchain for the tokenization of RWAs, which is a market that could be worth trillions of dollars.

4. Stacks (STX): the primary implementer of smart contracts and DeFi on the Bitcoin network, a new development expected to steer the network’s growth this year.

5. Pyth Network (PYTH) is gradually becoming the silver bullet for multi-chain solutions in DeFi for price data.

Now we have an idea about the DeFi coins to keep an eye on in the coming bull market; let’s find out in detail what they have to offer and how much returns investors can expect from them.

1. Angry Pepe Fork (APORK): The Best New DeFi Project

Angry Pepe Fork (APORK) is a new DeFi project that has been gaining attention for its new MemeFi protocol. APORK’s MemeFi is the intersection between meme coins and DeFi created to transform the entire meme coin market. The major goal of this new model is to rid zombie meme coins lacking utility from the market. 

The finance element of Angry Pepe Fork’s new model ensures that members of the community who play an active role in removing these projects from the market can earn free APORK tokens. Another reason why Angry Pepe Fork is among the best DeFi coins is its staking feature. 

Angry Pepe Fork calls this new model, Conquer To Earn, and the more APY of users increases with every zombie coin crushed, making APORK one of the best DeFi coins to invest in now, according to analysts. The Staking Dapp, which will allow users to use the revolutionary “Conquer To Earn” mechanism, will be launched in the second round of its presale.

Because APORK is the intersection between two top sectors in crypto, meme coins and DeFi, analysts have tipped it to quickly become one of the most sought-after Solana-based DeFi coins. Still in the first round of its presale, APORK is priced at $0.014 but has been projected to set a high of $1-$2 before the end of this bull cycle.

2. Mantra (OM): Expands Into UAE To Increase Adoption

Mantra (OM) is an institutional-grade blockchain focused on compliance and regulation for institutions and developers tokenizing real-world assets (RWAs). Mantra has been one of the most bullish DeFi tokens this year, increasing by more than 1,600% YTD.

The recent price pump came after Mantra formed a partnership with Zand Bank for RWA compliance in the UAE. Because of its growing reputation in the RWA space, analysts believe the OM coin will continue rising. From its current range of $1, Mantra could peak at $5 before this year ends.

3. Chainlink (LINK): Leading the RWA Revolution

Although Mantra was designed for the tokenization of RWAs, Chainlink (LINK) has been the more favored DeFi project for this cause. It has been the most used blockchain for tokenization, cutting across several markets. After its recent exploits in the finance space, Chainlink has turned its sight to the tokenization of real estate. 

In a recent announcement, Chainlink revealed its plans to transform the real estate space, tokenizing properties as dynamic NFTs. Chainlink’s growing role in this potential multi-trillion-dollar market is why market analysts are bullish about LINK. Although LINK has been struggling in the $15 range, market experts are optimistic the DeFi coin price can peak above $50 this year.

4. Stacks (STX): Leading Bitcoin Into the Decentralized Future

Despite Bitcoin being the original crypto and corresponding blockchain, its DeFi functionality was locked until the launch of Stacks (STX). According to market experts, DeFi on Bitcoin could be a trillion-dollar opportunity, and Stacks looks perfectly placed to benefit.

Already in 2024, the active and new addresses on Stacks have surged to record highs as more people use DeFi on Bitcoin. With the trend expected to only grow bigger this year, the Stacks DeFi coin price has been tipped to skyrocket from its current range of $2 to a potential high of $10.

5. Pyth Network (PYTH): DeFi’s Bridge To the Financial Market

The PYTH Network (PYTH) became one of the most promising DeFi projects, which is an excellent decentralized oracle network that provides high-precision real-time financial data. Pyth Network has over 350 low-latency price feeds in cryptocurrencies, FX rates, equities, ETFs, and commodities.

The niche market of Pyth is the reason for its growing success as one of the best DeFi platforms. As its services find more use, analysts have tipped the Pyth DeFi coin to extend its gains this year. The target for PYTH this year is $1.

Top 3 DeFi Trends To Watch in 2024

The outlook for decentralized finance seems bright; analysts have observed that the industry is maturing. Despite the market having numerous new trends, the following are some of the top three trends to watch in DeFi this year.

1. Tokenization of RWAs

The tokenization of real-world assets (RWAs) is one of the fastest-growing trends in the DeFi space. With use in almost every industry, market experts are optimistic that this rising trend could grow to become one of the biggest markets in crypto.

2. Decentralized Physical Infrastructure Networks (DePIN)

DePIN is a new model that uses blockchain to establish and implement physical infrastructure solutions on a decentralized basis. It can be another DeFi trend for 2024 because it has the possibility of reshaping the physical layer with the help of blockchain.

3. Restaking

One more trend that is going to remain popular in 2024 is restaking, where LST can be locked up for even higher returns. It is likely to grow in the future since the yield farming process is fairly straightforward and the created tokens have a higher value within the staking systems.

In Conclusion

While the DeFi market gains more prominence, APORK, Mantra, Chainlink, Stacks, and Pyth are the best DeFi projects, offering impressive innovations and room for growth. Because of this, market experts are optimistic that these coins can outperform other DeFi tokens and lead the market in gains.