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Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come

Published 02/06/2021, 06:16 PM
Updated 02/06/2021, 08:20 PM
Growing list of billion-dollar crypto ‘unicorns’ suggest the best is yet to come
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In the traditional investing world ‘unicorn’ is a term used by venture capitalists to describe a privately held startup valued at more than $1 billion.

Typically these startups have strong fundamentals and oftentimes a first-mover advantage that helps them rapidly rise in value to become prized investment opportunities for yield-seeking funds.

Top 18 projects by market cap. Source: Messari
Percentage of total market cap. Source: CoinMarketCap
Uniswap 7-day trading volume. Source: Uniswap
Total value locked in DeFi. Source: Defi Pulse
Average Ethereum gas price. Source: Etherscan
Top oracle projects. Source: CoinGecko

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