It seems like people are starting to leave the defi market. Dego itself is not offering a good utility usage. Despite the fact this platform already developed a very interesting platform but we can't deny that if everything will depend on the trend. When people were seeing the trend was going to the major coins and they will be massively going to the top coins too.
There must be a big event to attract the buyers again.
Yes, as you said, projects that are trending are the same as other defi projects after a fairly high price increase in a short time and experiencing a short decrease too ... hopefully dego finance can make the community stronger and again can make prices higher
DEFI trend has gone and that became a disaster for the small cap defi projects, we need more than only an NFT coin that can be used to trade or mine with our NFT.
The majority of defi that was also offering the utility usage has been getting very big increase too.
NFT is good but the dev must also think to give utility to its token and then there will be fungible and non fungible token.