DeFi Sector Battles New Lows

Louis Sykes
June 11, 2021

Though consolidation periods can be painful, they allow us to evaluate the next leaders and laggards when a directional trend resumes.

We've written a fair amount about potential leaders in the last few weeks, but it may be time to increasingly shift the conversation and focus more on the laggards.

While most areas have bounced this week, the DeFi sector is stubbornly lagging:

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