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Georgia lawmaker reveals investment in SKI token amid crypto market surge

Georgia Representative Mike Collins disclosed investments in the Ski Mask Dog (SKI) token, purchasing between $1,001 and $15,000 in three transactions from December 1 to December 3, 2024, amid a crypto market surge. This follows his reelection victory and adds to his previous investments in Ether, Velodrome, Aerodrome Finance, and The Graph. Collins, who has supported crypto-friendly legislation, is the first member of Congress to file such a report in 2025, highlighting his growing interest in digital assets.

decentralized finance sector sees significant growth and user engagement in 2024

The DeFi sector has surged, achieving a 210% increase year-to-date and a 58% rise this month, outperforming Bitcoin and other sectors. Curve DAO Token leads monthly gains at nearly 300%, while Aerodrome Finance tops year-to-date performance at 4,461%. Despite this growth, the Total Value Locked (TVL) remains below its all-time high, with Ethereum dominating TVL rankings.
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