Over the past few weeks, Ethereum’s decentralized finance space has been attracting a lot of attention. This is for good reason:, the value. Moreover, the cause of this attention is a good one. The tokens locked in DeFi has soared in excess of 1,000% since the beginning of the year. Furthermore, a top macro analyst is bullish on Nexus Mutual.
There are certain projects that reached the radar of some top investors. Remi Tetot, a macro analyst of Global Macro Investor and Real Vision, believes that an Ethereum-based decentralized mutual, Nexus Mutual has a very strong potential project.
This Top Macro Analyst Is Bullish on Ethereum’s Nexus Mutual (NXM)
The co-founder of macro research firm Global Macro Investor, Remi Tetot, thinks that Nexus Mutual (NXM) has a big role in the arising Ethereum DeFi market. He stated:
Furthermore, he said that the need for decentralized insurance coverage has reached a new feat. It is because of a record amount of capital entering DeFi while the number of users has soared.
He stated he is anticipating NXM to perform so well and that it will beat ETH in the short term. Moreover, the coin’s model is “confirmed.”
Tetot’s Business Partner, Raoul Pal, Is a DeFi Bull As Well
Raoul Pal, Tetot’s business partner in Global Macro Investor and Real VIsion, is also a bull on the broad DeFi space and Bitcoin.
Pal did not specifically mention any tokens. However, he believes decentralized finance is the Ethereum’s biggest opportunity.
Furthermore, in a series of interviews, he added that Ethereum and Bitcoin will play a big role in accommodating value transfer and finance in a world where everything is based on blockchain.