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Reading: DeSci or DeFi? Will Science Tokens follow 2017’s Crypto Boom?
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Investor's Crypto Daily > Blog > Headlines > Cryptocurrency News > DeSci or DeFi? Will Science Tokens follow 2017’s Crypto Boom?
Cryptocurrency News

DeSci or DeFi? Will Science Tokens follow 2017’s Crypto Boom?

Last updated: November 25, 2024 2:40 pm
By Shelly Davidson 3 Min Read
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  • DeSci has attracted a lot interest from crypto users.

  • Crypto analysts compare DeSci’s current state with DeFi’s in 2017.

  • DeSci coin a low-cap with massive upside potential.

Could Decentralized Science (DeSci), the next big breakthrough in blockchain technology, be just as revolutionary as Decentralized Finance (DeFi), which was introduced in 2017? DeSci’s potential to transform scientific technology through blockchain has attracted attention. DeSci could be on the cusp of a breakthrough, with early-stage projects demonstrating promise and institutional investors paying attention.

DeSci integrates the decentralized features of blockchain into science, making it more transparent, community-driven, and incentivized. DeSci uses tools such as blockchain tokens (BTC), NFTs (Network Function Tokens), and decentralized autonomous organisations (DAOs) to disrupt traditional research models.

This concept is reminiscent of DeFi’s early years, when decentralized protocols revolutionized the traditional finance industry by eliminating intermediaries and enabling peers-to-peers transactions.

DeSci Tokens – A new market with huge potential

DeSci tokens have gained traction in the same way that DeFi tokens dominated 2017’s bull cycle. According to CoinMarketCap the market cap of top DeSci Tokens is still under $1 billion, a figure that is reminiscent of DeFi in its early days. Analysts believe these tokens will follow a similar trajectory of growth, providing high returns to early investors.

Blockchain heavyweights have taken note of DeSci’s potential. Binance Labs and Grassroots DAOs are among the major investors in this sector, highlighting it’s growth potential. These endorsements are reminiscent of the early days when DeFi was gaining traction and attracting institutional interest.


Read also: Is DeSci The Next Big Thing in Cryptocurrency? Binance’s CZ and Brian Armstrong are All In


OriginTrail (TRAC) is a blockchain-based project that focuses on decentralizing AI driven scientific data. TRAC’s token has risen 127% in price since mid-October. This is a continuation of the previous momentum, when it grew 645% between 2023 and 2024.

Other notable tokens are Rifampicin, Hypocrite and ResearchCoin. These tokens are attractive to investors who want to take advantage of high-growth opportunities in market upswings.

Click here to read more

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