Synthetix Moons, Ampleforth Doubles, Compound Up

synthetix moons july 2020

Aave has jumped 14% today. Compound has gained 8.55%. 0x has joined the party with an increase of 6.74%. Ren is up 11.19%. Scaling Loopring has seen 11.78% in green. Less known Switcheo is up 24%, this being a decentralized exchange (dex) and a decentralized OTC platform based in Singapore. Akropolis too is lesser known and they’re up close to 30% with the project saying they “enable anybody to quickly set up, operate, and grow informal autonomous financial organizations (AFOs) (e.g. digital co-ops, guilds, mutuals).” Synthetix is one of the other big winers today in this sea of green for the decentralized finance (defi) space. They have probably benefited and somewhat considerably from the recent actions of the United States Securities and Exchanges Commission (SEC) which fined a harmless crypto wallet for allowing synthetics trading of stocks. Practically of course it was fined for being centralized because the ethereum based…

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