The DeFi sector is expected to experience a resurgence, according to Bluntz, a prominent figure in the cryptocurrency trading community.
Bluntz predicts that recent developments, including investments by Trump's World Liberty Financial (WLFI) in DeFi tokens such as Ethereum (ETH), Chainlink (LINK), and Aave (AAVE), have reduced the risk associated with DeFi. Bluntz believes that Trump's involvement in DeFi indicates a strong endorsement of the sector and could lead to a repeat of the price rallies seen in 2021.
Bluntz also highlights the potential of tokens like Ethena (ENA) and Aave, suggesting that their prices may increase significantly. However, investors are advised to be cautious as the cryptocurrency market remains volatile.
The intersection of politics and cryptocurrency is becoming more pronounced, with political endorsements influencing market perceptions and attracting mainstream investors. The actions of influential figures and regulatory changes will continue to shape the future trajectory of the DeFi market.