Binance CEO predicts DEXs will overtake CEXs, top DEX tokens to get early

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Uniswap UNI/USD, THORChain RUNE/USD, and Curve DAO CRV/USD are some of the best decentralized exchange (DEX) tokens you can get on July 11, 2022.

Changpeng “CZ” Zhao, the CEO of the largest centralized exchange (CEX) in the world, Binance, predicted that DeFi and DEXs would be far superior to CEXs in the next decade in a new interview on the Bankless YouTube channel.

Uniswap announced over 500,000 individual LPs on the Uniswap Protocol, showcasing just how large the DEX has become.

THORSwap is the cross-chain DEX aggregator that is powered by THORChain, and on June 30, it posted its monthly recap for June 2022.

The recap discussed the Messari Report, the Cross Chain Expo and Consensus 2022, the THORChain mainnet, THORMug, THORName Launch, LP Tutorials, and more.

On July 6, 2022, we saw the largest day of CRV locks since its inception, where for five days in a row, more CRV was locked than daily emissions.

Should you buy Uniswap (UNI)?

On July 11, 2022, Uniswap (UNI) had a value of $6.054.

The all-time high of the Uniswap (UNI) cryptocurrency was on May 3, 2021, at $44.92.

When we go over its performance throughout the previous month, Uniswap (UNI) had its lowest point of value on June 18 at $3.3961, while its highest point was on June 26 at $5.9907.

Here, we can see an increase in value of $2.5946 or 76%.

With this in mind, we can expect Uniswap (UNI) to reach a value of $8 by the end of July 2022.

Should you buy THORChain (RUNE)?

On July 11, 2022, THORChain (RUNE) had a value of $2.14308.

When we go over its all-time high, THORChain (RUNE) was on May 19, 2021, with a value of $20.87.

Looking at how the token performed throughout the previous month, THORChain (RUNE) had its highest point of value on June 6 at $3.2741, while its lowest point was on June 18 at $1.4553.

Here we can see a decrease of $1.8188 or 55%.

However, from June 18 to July 11, the cryptocurrency increased in value by $0.68778 or by 47%.

With this in mind, we can expect RUNE to reach $4 in value by the end of July 2022.

Should you buy Curve DAO (CRV)?

On July 11, 2022, Curve DAO (CRV) had a value of $0.9167.

Looking at the token’s all-time high, ​​Curve DAO (CRV) had its ATH on August 14, 2020, at $15.37.

Going over last month’s performance, Curve DAO (CRV) had its highest point of value on June 1 at $1.4142, while its lowest point was on June 18 at $0.5487.

This gives us an indication that the token decreased by $0.8655 or by 61%.

However, from June 18 to July 11, we can see that CRV increased by $0.368 or by 67%.

With this in mind, we can expect CRV to reach $1.8 by the end of July 2022, making it a solid DEX token to buy.

The post Binance CEO predicts DEXs will overtake CEXs, top DEX tokens to get early appeared first on Invezz.

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