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The Top Five DeFi Tokens for August

·1 min read

BeInCrypto –

This article will take a look at five cryptocurrencies in the decentralized finance (DeFi) sector.

These DeFi tokens have interesting developments lined up for the month of August. These developments could also have a positive effect on their price.

Algorand (ALGO)

  • Current Price: $0.84

  • Market Cap: $2.651 Billion

  • Market Cap Rank: #38

Algorand is a decentralized network that focuses on accelerating the interchange of traditional and decentralized finance sectors. It does this by enabling the creation of different financial products and protocols.

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