I feel sorry for those who suffered heavy loses in that Defi project, that was too brutal imagine from $4K to just $1 in just a few minutes that how risky investing with Defi projects including cryptocurrencies because of its volatile nature, so if you are not aware of it it's better to learn first before taking the risk.  

IMHO, This monstrous transaction fees increases have negative effects on the Ethereum network, because many users and projects were already affected by these sudden rises of TX fees let Ethereum know that they are not only the sole smart-contract provider some are already considering TRX, Credits and many more so If this greed will not stop I believe Ethereum will lose some of its users including some projects that using its ERC20 tokens.  

Mate, I'm glad that you are doing some researched before you ride with that particular project but talking straight I never heard that project or even the coin name, so I cant introduce or even recommended that to you, My advice is it's better to look in the top altcoins/cryptocurrencies that have stable prices and has huge liquidity that was my stand about it. 

Base on the series of events before the COVID19 pandemic struck on a global scale I believe that the crypto market is slowly recovering and I think it is a piece of strong evidence that even without the Pandemic the crypto market might be in the road to recovery now If we look closely in the entire crypto market only the Defi based tokens have gaining much value in terms of trading prices while the remaining number of cryptocurrencies has not. what I'm saying is with or without the COVID19 pandemic the crypto market will be the same if the market will down I'm sure it will be recovered as usual.   

Yes, you can use Trust Wallet for airdrops, because Trust Wallet is a multi-coin wallet, as long as the airdrop coin/token is supported by TrustWallet like Ethereum ErC20 tokens, TRC20 for Tron, Bep21 for Binance etc. you can use it another option is the Imtoken Wallet 2.0 it was also a multi-coin wallet that also suited for airdrop coins/tokens but it's up to you which one you choose but if you ask me I'm using it both.

I think it's not the Defi's fault only because if we look and check it on Etherscan it will reveal that UniSwap, Tether and Forsage are the top 3 Gas Guzzlers including some of the Defi platforms too thats why Defi is not the only reason why transaction fees are skyrocketing but some Defi platforms are part of it.

IMHO, I think both names are applicable in Bitcoin and Ethereum because it was fit to call them like that "a cryptocurrency or a digital asset" for me it is not conflicting so why we just bothering ourselves about it. Just forget some technicalities it's better to stick into the layman's term so that it's easy to understand. that was my stand about it. "Cryptocurrency or Digital Asset" are both the same.

Wow thats cool a new cryptocurrency that was made into top 10 sounds interesting, I never knew about PolkaDot before and I only aware that DOT tokens exist in the market from my Imtoken wallet 2.0 notification about its new Dot token in circulation and the Imtoken wallet was supported it. But when I read this thread I was amazed because it was priced above $6 and listed in the top and well-known cryptocurrency exchanges what was special about the Polkadot platform I think its better to do a little research about it to know more.

Thats good to hear that as we know Ethereum is an enterprise-grade crypto platform thats why it does not surprise me either, even in Singapore cryptocurrency was already use as a payment option not just Ethereum but many other cryptocurrencies too. it needs only a payment platform to do that conversion in dollars. but still, crypto payment is only a halfway mark to make it more comfortable and user-friendly option just like sending an email to a friend.

My doubting question is how the insurer will respond to the volatile cryptocurrency asset valuation? and what mechanism they should apply in a volatile asset like cryptocurrency and what about the cryptocurrency amount that should be covered with insurance? things like that. And the more intriguing question is how the insurance policy works for the crypto asset, is it sustainable or even possible those question was still hanging around.

Thats good news for XRP for its new top investors, But still this is not enough to pump the price again even to $1 per XRP price level, especially for XRP that has very large total coin supply even $1 is too difficult to achieve nowadays. because the market trend is weak and the current market movement is only driven by the Defi bubble other called it a crazed or hype or whatever they call it but still it was just temporary and thats what I believe.

I don't think so, because the traditional banking system is widely used, thats why it's not that easy to replace it. and I don't think that the banking sector well remains the same in the years to come. I'm sure they will innovate to be able to compete in the Decentralized finance (De-Fi) alternatives. As we have seen today some in the banking industry was already embracing the Blockchain technology in my country commercial Banks was already adopting the Blockchain technology so it means that it can be used both the traditional and present system if we want too.

I think the Defi craze is slowly subsiding as what we have seen in some of the Defi base token prices which are already decreasing. by the way, My Defi project that got my interest this week is DIAdata or DIA token, I think this project has a huge potential to succeed because of its important function in the Defi marketplace DIA tokens current trading price is $2.86 not bad for a new listed project.

Another copycat is going to arrive and these time its Bitcoin Cat what a name, but I think investors nowadays are not the same as in 2017-2018 respectively they are more aware now in the crypto market and the crypto investment situation so I believe just like others Bitcoin Cat will not get much hype after the fork was done. by the way, it is just my personal opinion and I'm not so sure about it.

I don't know with Metamask but in Imtoken 2.0 wallet there is an acceleration option and I was using it a couple of times especially when I choose medium transaction but sometimes it was faster sometimes it's not thats why I'm trying to use transaction acceleration option with a much higher gwie transaction fee to confirm my transaction faster.  

Because I am a positive thinker I think its highly possible, because cryptocurrency is a high technology-based digital asset or currency and because our time now is too much relying on technological help it would be easy for the general population to use it as the established technology base asset or money if that time will arrive I'm sure that using cryptocurrency for everything we need will be as easy as counting.

Why getting confused for me it is the same, there's no need a complicated explanation because most investors seem don't care about its differences, the coin they are buying and holding is called Ethereum or Ether which had a ticker called ETH thats why its the same, the Ethereum Blockchain which is the network hosting the transaction of its coin called Ether or ETH and the cryptocurrency which is traded is called ETH, Ether or even Ethereum and it was the same cryptocurrency I think there is no problem with that, just forget the technicalities and make it simple. Ethereum, Ether, ETH it doesn't matter.

Why we should try to cover up the main reason and make it more complicated It's not rocket science to know the reason, why bounty participants are selling their bounty earnings after it was listed, that was simple to earn money for a living because the majority of bounty hunters are doing this including me I'm not ashamed about it because I need it as additional capital for my trading activities so it's not a big deal to me. it was your payment so you have the authority to sell it or hold it or whatever you want.

IMO, I think there is no need to call people to join into the cryptocurrency industry because the cryptocurrency crazed was already here due to the pandemic most of the population globally has stayed indoor and while browsing the internet they found information about cryptocurrency thats why the market is going trending nowadays because many people around the world are starting to invest in crypto-related investments particularly in the Defi projects.

IHMO, I think that was a complicated process I believe there is another way to make it more simple like what Bounty Detective was doing some of there bounties are already guaranteed in terms of payment because the budget is already in their position thats why insurance for bounty campaigns are not needed anymore and thats what I believe.