crypto currency digital payment system blockchain concept 236729697 07 28 2022 14 29 29 593113 Crypto markets in free fall after BarnBridge (BOND) nosedives 44%

Crypto markets in free fall after BarnBridge (BOND) nosedives 44%

-BarnBridge (BOND) crypto was one of the top performing cryptos registering gains of over 300% in the past 30 days despite the market slowdown.

-Operating on the Ethereum blockchain, the BOND crypto is a DeFi lego for creating tradeable tokens that give exposure to its users to multiple assets.

-The BarnBridge allows the users to use the token against price volatility and yield sensitivity.

-The main aim of the BarnBridge protocol is to isolate the risks associated with the digital assets to make sure increased market participation.

-Although the exact reason for the sudden dip is still unclear, it may be because of the volatile market of late.

-The BarnBridge crypto has lost over 8.3% over the past week, perhaps denting a few of the gains it has made in the past month or so.

 

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