Defrost FinanceMELT
$0.416
Market/Exchange
MELT Price Prediction and Price Movement
MELT has been down 34.59 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that MELT's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if MELT is backed by a solid development team and whether MELT's technology has any potential to grow.
Please note that this analysis is purely base on MELT's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Defrost Finance Price Chart
About Defrost Finance
Defrost Finance is a decentralized protocol that allows you to leverage yield-bearing Tokens or other pool tokens from Avalanche and cross-chain protocols as collaterals for generating H2O, a USD-pegged stablecoin. Defrost Finance helps users improve capital efficiency from assets locked in pools or vaults. It supports users to provide liquidity to gain additional yields from features such as farming, borrowing, staking, swap, and bridge support for convenience when trading.