You haven't been paying attention to the Cryptocurrency market well enough if you haven't realized that we are in a bull market. Apart from Bitcoin's meteoric rise (from $3,000 to $60,000 in a year), Altcoins have also performed admirably. I'm not trying to brag, but I've 11xed my first cryptocurrency investment. 

Some could argue that I should cash in the majority of my gains. Instead, I'm on the lookout for new possibilities because I know these massive gains only come around every four years. This is due to the fact that Bitcoin moves in 4-year cycles, with the mining rate or "rate of inflation" halving every four years, and the Bitcoin price reacting with a tiny delay, but then overcompensating and overshooting (like it did in 2017). When Bitcoin's price soars/"flies to the moon," it carries Altcoins with it. It happened four years before 2017, four years before that in 2013, and I foresee a repeat four years later, in 2021. 

 

So, given how Bitcoin and other altcoins have risen in price thus far, and the fact that we still have a long way to go in this bull market before we see a downtrend, it seems obvious to me that we should all be seeking for discounted cryptocurrency projects right now. 
In a bull market, almost everything pumps. As a result, the majority of cryptocurrencies will do well. Quality projects, on the other hand, do much better. They also don't perish when the inevitable bear market occurs. If you've been paying attention to this space, you'll notice that the term "DeFi" is getting a lot of attention. Some would even claim that the initial DeFi bubble/explosion in July/August 2020 signaled the beginning of our bull cycle. 

The disadvantage is that most of the top DeFi projects, such as Aave, Uniswap, Maker, and Compound, have already 10xed. So, in order to find newer chances, we must look at smaller projects with excellent fundamentals but plenty of space for expansion. But before I reveal the secret, I'd want to explain why I believe this little DeFi Altcoin will skyrocket this year. Before we go into the details of what this project entails, let's clear up some terminology. 

What exactly is DeFi? 

The simplest way for me to achieve this is to define finance, or more correctly, what finance permits us to do. Finance normally consists of seven functions. These are the following: 

Money creation and money transfer 
Money exchange 
Lending 
Borrowing 
The terms "equitization," "assetization," and "securitization" are all used interchangeably. 
Contracts, bets, and financial options 

The majority of the seven functions stated above were carried out with the help of banks and under the supervision and regulation of the government: 
A country's government prints its currency and distributes it to the system. 
Citizens can then use financial protocols such as the Western SWIFT or the Indian UPI system to move money from one bank account to another. 

Using the government-issued currency to buy food, clothes, and other items or services such as cleaning, lawyer fees, or other countries' currencies is also common. 
In the traditional financial system, lending and borrowing are centralized through banks, which provide services such as mortgages and savings accounts. 

For want of a better term, allowing a firm or a fund to sell shares or chunks of its business or pooled funds to investors is referred to as "Equitization, Assetization, and Securitization" in this blogging. 

Contracts and other financial alternatives are currently centralized and conducted through a country's official stock exchange. Betting on sporting events, such as football matches, is likewise centralized, but it is handled by commercial companies such as Bet365 and SkyBet. 
Decentralized finance is referred to as DeFi. It enables users to take advantage of these seven fundamental activities without having to rely on any bank, government, or third party. Is it possible that I simply defined these terms because I felt like it? No. All of the above-mentioned jargon refers to elements of this cryptocurrency project.

 

But you could be wondering if it's just a compilation of previously invented characteristics. How can combining all of these capabilities on a single platform justify a 10x opportunity? Don't worry, I'll take care of it. The altcoin I'm going to talk about in this article will truly solve some of the issues that current DeFi projects have. Let's take a look at one of them. Tokenization is currently one of the most serious issues in the crypto currency world. But, first and foremost, you guessed it.

 

What is Tokenization, and how does it work? 

Tokenization is the decentralized approach of reaching the same purpose as the #6 function of finance (Equitization, Assetization, and Securitization). Instead of issuing an IPO (Initial Public Offering) on the New York Stock Exchange, a firm can tokenize their business and give shares in their cryptocurrency project to consumers by issuing tokenized coins of their Altcoin.

 

They can then try to get on Coinbase, Binance, or any other major cryptocurrency exchange, but reputable cryptocurrency exchanges normally only list Altcoins that have developed, thrived, and proven their mettle over time in the crypto market. As a result, many crypto ventures prefer to start on a decentralized exchange like Uniswap, PancakeSwap, or QuickSwap, where participation is not limited by third parties. All they need to do now is create liquidity so that users may buy their tokens. The reason we just went over the Tokenization definition in such detail is that the DeFi Altcoin gem that I will reveal in this article will fix several present issues with project tokenization. 

 

Decentralized Tokenization Issues 
Sadly, this is the narrative of almost half of all altcoins (to put it conservatively): 
“I'm going to launch a cryptocurrency. It's known as "PooCoin." Poo (as in "crap") is a coin. It's available on PancakeSwap and Uniswap. Simply add this contract address to the DEX and purchase my coin. Don't worry, I'm not going to steal your money.” 
You can use PancakeSwap or Uniswap to purchase that Altcoin, but after reading this exaggerated rendition of a Scam cryptocurrency, you will most likely not want to.

 

Regrettably, the truth is even worse. Altcoin initiatives are better at concealing how bad they are, how they offer no distinctive features, and how their survival is based on gimmicks and a few TikTok influencers advocating their coin. As a result, many people invest in Sh*tCoins in the hopes of making a 1000x profit and end up getting severely burned. There are a lot of these shady initiatives on the internet that I won't even mention here. Many users, unfortunately, learn about the nature of these Altcoins the hard way, when the project's "creators" dump the coins (i.e. sell them) and vanish into anonymity forever. According to expert analysis, around 34 similar incidents occur on a daily basis! 

Users are exposed to a significant danger as a result of this. How can you be confident that what you're buying on Uniswap, PancakeSwap, or any other decentralized exchange is a legitimate cryptocurrency project unless you're a seasoned crypto investor? These "newbie" customers have no choice but to use centralized exchanges like Coinbase, Binance, and Coinmama. Consumers are considerably safer using these exchanges.

 

However, they have a difficulty in that they can only buy cryptocurrencies that have become “mainstream,” and at a hefty cost. They are unable to gain access to hidden cryptocurrency jewels. And getting listed on Binance/Coinbase/etc. is exceedingly difficult for producers of legitimate Altcoin initiatives that add value to the globe. Even if they do get listed, these exchanges have dozens, if not hundreds, of cryptocurrencies to choose from. As a result, new initiatives sometimes get the short end of the stick because they are labeled as "just another cryptocurrency" on these massive platforms. Binance, Coinbase, and other exchanges do not assist them with marketing.