Over the course of time, the decentralized finance sector has grown big and mature. Back in 2009, when the world was introduced to cryptocurrencies for the first time, there wasn’t much for people to know or be aware of in the crypto-verse. With time, the industry has grown larger and it has now become an entire universe. So if you are interested in knowing about cryptocurrencies, then I will let you know about the two major products within the cryptocurrency industry. The industry has introduced several products but two products; decentralized finance (DeFi) and non-fungible token (NFT) have grown the largest. If you are willing to invest in either or both the products, then keep the top five assets in mind that represent their respective sector.

Decentralized Finance (DeFi)

The decentralized finance sector is one of the fastest growing sectors in the entire cryptocurrency industry. In the decentralized finance sector, none of the assets are governed by any central entity. All the assets you have in the decentralized finance sector are completely under your rule and governance. The best thing about the decentralized finance products is that you do not have to provide your personal or financial information to cryptocurrency exchanges in order deal with DeFi products. Now, let us do a crypto price analysis of five major assets within the DeFi verse:

Bakery Token (BAKE)

BAKE is the decentralized finance asset with the highest growth rate since the beginning of 2021. Since the beginning of 2021, BAKE has grown 10,954.44% and it is currently trading at a price of $1.74 per BAKE.

Rari Governance Token (RGT)

RGT is the decentralized finance asset with the second-highest growth rate since the beginning of 2021. RGT has grown 8,950.73% and it is currently trading at a price of $29.29 per RGT.

Fantom (FTM)

FTM is the decentralized finance asset with the third-highest growth rate since the beginning of 2021. FTM has grown 8,037.51% and it is currently trading at a price of $1.40 per FTM.

Terra (LUNA)

LUNA is the decentralized finance asset with the fourth-highest growth rate since the beginning of 2021. LUNA has grown 7,160.53% and it is currently trading at a price of $47.15 per LUNA.

Telos (TLOS)

TLOS is the decentralized finance asset with the fifth-highest growth rate since the beginning of 2021. TLOS has grown 5,669.30% and it is currently trading at a price of $0.8961 per TLOS.

Non-Fungible Token (NFT)

Non-fungible tokens are currently the second most prominent and widely growing sectors within the crypto-verse. These are no cryptocurrencies but special tokens that are unique and are available exclusively to a particular platform. The non-fungible tokens are minted through the blockchain network and are very profitable for celebrities, artists, sports stars, artwork designers, and many more. Many high-profile celebrities or companies have created their own NFTs that allow their fans/followers to gain access to exclusive content offered to them.  The users can acquire NFTs using cryptocurrencies and then spend them to carry out different kinds of activities that may involve voting for services, purchasing merchandise, or available different kinds of benefits:

Cocos-BCX (COCOS)

COCOS is the non-fungible token with the highest growth rate since the beginning of 2021. COCOS has grown 241309.25% and it is currently trading at a price of $0.5876 per COCOS.

Axie Infinity (AXS)

AXS is the non-fungible token with the second-highest growth rate since the beginning of 2021. AXS has grown 24623.86% and it is currently trading at a price of $146.40 per AXS.

BakeryToken (BAKE)

BAKE is the non-fungible token with the third-highest growth rate since the beginning of 2021. BAKE has growth 11099.96% and it is currently trading at a price of $1.76 per BAKE.

Gala (GALA)

GALA is the non-fungible token with the fourth-highest growth rate since the beginning of 2021. GALA has grown 11000.04% and it is currently trading at a price of $0.1133 per GALA.

Curate (XCUR)

XCUR is the non-fungible token with the fifth-highest growth rate since the beginning of 2021. XCUR has grown 7432.31% and it is currently trading at a price of $2.68 per XCUR.