What's going on with crypto market?

[iv4n]

I feel also that this year the new project is lesser than one year ago.
Maybe, investor invest in the defi projects,now. Because the hype projects in this year is defi projects.The defi project can give 10x ROI.

Doesn't matter if investors are going into Defi, I hate to say this but this could be another avenue for them to create a pump and dump and once they are done, they will simply shift to bitcoin and that has been proven many times already.

Market now looks green, ~$11,700, another good indication that the price decline further as investors keeps pouring in, from $11,400-$11,700, not bad pump for a day.

It's exactly what will happen with some defi projects. It's proven many times as you said, after pump and dump some projects will just be abandoned by the team and supporters. Hype that we see around entire defi sector is the same hype we saw before, and we know what happen after hype ends.
Market looks good for weeks, and I'm thinking about how will it end?! I'm not sure should I start selling and to wait for a dip, or to wait a bit longer, maybe the price can rise a bit more before we see some decline.

[Rana590]

I feel also that this year the new project is lesser than one year ago.
Maybe, investor invest in the defi projects,now. Because the hype projects in this year is defi projects.The defi project can give 10x ROI.

After all market depends on top crypto on crypto market. Basically most of the project are defending on the price of bitcoin and ethereum directly or indirectly. Green sign of bitcoin and ethereum is positive side of most of the project.

[Drahzar]

crypto market is likely to became more sustainable and self-regulated than 2017 when a lot of ico scams were arised and got money for nothing... i think defi concept is more healthy and transparent, so i prefer to invest in credible defi and dex projects ahead

[Kong Hey Pakboy]

I feel also that this year the new project is lesser than one year ago.
Maybe, investor invest in the defi projects,now. Because the hype projects in this year is defi projects.The defi project can give 10x ROI.

After all market depends on top crypto on crypto market. Basically most of the project are defending on the price of bitcoin and ethereum directly or indirectly. Green sign of bitcoin and ethereum is positive side of most of the project.

Indeed. Most altcoins mostly depends at the price of bitcoin because it is the leading cryptocurrency in the market and altcoins are typically measured in the price of bitcoin that makes them tied. So whenever bitcoin increases its price, altcoins will go up, and when it decreases, altcoins will go down as well.

[Drahzar]

crypto market is likely to became more sustainable and self-regulated than 2017 when a lot of ico scams were arised and got money for nothing... i think defi concept is more healthy and transparent, so i prefer to invest in credible defi and dex projects ahead

agree with you, i think a lot of cool and healthy defi projects are coming up and will structurize a market. and i also invest in dex, i believe it will get a crucial part of the market in future

oh so u might be interesting in new stablecoin dex - xsigma, just announced and they have interesting business model in whitepaper

[Finestream]

crypto market is likely to became more sustainable and self-regulated than 2017 when a lot of ico scams were arised and got money for nothing... i think defi concept is more healthy and transparent, so i prefer to invest in credible defi and dex projects ahead

I hope they'll stay for good, unlike the ICO which helps to make this market grow bigger but eventually it disappear due to lots of complains from people who got scammed. The De-Fi hype is still here and that is a good thing, but let's see if it will still survive once the market will undergo another long bear run.

[bitgolden]

crypto market is likely to became more sustainable and self-regulated than 2017 when a lot of ico scams were arised and got money for nothing... i think defi concept is more healthy and transparent, so i prefer to invest in credible defi and dex projects ahead

I hope they'll stay for good, unlike the ICO which helps to make this market grow bigger but eventually it disappear due to lots of complains from people who got scammed. The De-Fi hype is still here and that is a good thing, but let's see if it will still survive once the market will undergo another long bear run.

We need a lot of tweaking and making sure it works type of things for defi, right now they are properly working in the technical sense but it is not really awesome for the cost sense. I have seen changing eth to usdt at 35 dollars yesterday, yes THIRTY FIVE DOLLARS just to change my eth to usdt (or maybe usdt to eth can't remember but same logic). Do you really think that those type of swaps are possible? Sure if you have 10k worth of unimportant token you do not want anymore you sure will sell it, but we are talking about usdt-eth here, and it shouldn't be 35 dollars, that is unreal.

With defi projects having such a problem with the gas fee, I think it is going to be a long time until we can see the maximum potential of what they can become, if it goes down under 1 dollar one day, we are going to see defi skyrocket and everyone switching over to DEX as well.