A 200% increase on a Bitcoin in the Ethereum DeFi Token [ $59 million to $176 million]

in Project HOPElast year (edited)

Hello and welcome to the post❤
I hope you all are doing well just as the technologies are increasing day by day and solving human problems❤😉😉
My warm greetings to the wonderful community and to @crypto.piotr for managing the community so well❤

As we all have been seeing the massive impact on the bitcoin this pandemic, here is to another kind of btc that has almosed raised its worth 200%😍😍😍
Wow thats interesting😍
Lets see what it really is😍

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Source

The coin is well known as RenBtc, A Bitcoin on etherium DeFi token😍
Raisibg its value upto 200% in less than a week😍
Thats quite a change😍

Ren project’s renBTC has seen a nearly 200% increase—from $59 million to more than $176 million—in locked BTC transferred to the Ethereum blockchain since August 13, according to data collected from DeFi Pulse.

It clearly states that the tokenhas jumped from $59 million to $176 million. But that has taken place from a transfer to the blockchain of ethereum.

The graph must have had a straight line upward growth in this valuable transfer😍

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source

While looking for the massive increase i went through the twitter and found out this😍

It has been that the Defi has been gaining new heights in the market, placing the RenBtc now on the second place is a big big achievement.

What exactly RenBtc is, it was found in 2017 and gained massive support in the year 2018 where it started its journey of gaining heights and was $34 million at that time.

Singapore-based Ren was founded in 2017 and raised more than $34 million in a 2018 ICO. RenBTC was released in May 2020. The recent integration of Ren into MyEtherWallet may be responsible for some of the recent increase in interest.

This states that the coin was released in 2017 and has gained respctable market heights😍
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Project Hope community supports content that is not plagiarised and stands tall against plagiarism.
Therefore this post is original and plag free ;)

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Moreover, i promise to stay and follow the rules of the Project.Hope community and maintain solid interaction❤
I would love to hear from you guys about your views.
Please resteem to help this post reach wider audiences❤❤❤❤😍😍😍😍
I would love if you take out two minutes and send me a review of what you think can be the future of RenBtc.

Good Luck and Have a good day everyone ❤❤

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Cool have you check out the Uprising of Hunt token ? that was awesome also :) it made me 3X profit :)

Yeah i saw that :)

Hello @haidermehdi
The information is good, we're all waiting for the cryptosystems to go up in price and this is good.
I have to give you a quote. Every time a paragraph or image that is not yours is used, you must place it, it's not optional, you must place the source where you get it. You can't just place it and go, you must place the font.
I'm saying this for the following sentences:

Ren project’s renBTC has seen a nearly 200% increase—from $59 million to more than $176 million—in locked BTC transferred to the Ethereum blockchain since August 13, according to data collected from DeFi Pulse

Singapore-based Ren was founded in 2017 and raised more than $34 million in a 2018 ICO. RenBTC was released in May 2020. The recent integration of Ren into MyEtherWallet may be responsible for some of the recent increase in interest.

Are these your own or did you get them from a website?

I got them from somewhere else that's why used them as a quote :)

I will do it next time onwards my friend :)

It's good that you can review this publication:

https://hive.blog/hive-175254/@josevas217/some-important-points-to-avoid-falling-into-plagiarism

There I make some contributions regarding how to cite the sources. I am not an expert, but I am guided by logic, if something was not written or drawn by me, or photographed by me, or is not mine, I must place the source, otherwise it looks like plagiarism, even if it is unintentional. That's why it's good to correct it before it continues to happen.
Have a nice day. Be sure to check that publication. Thank you.