Most of The DEFI coins are 50% up in last 7days!!

[Fatemablabla]

I was checking the Defi coins list on Coingecko. I saw that most of the Defi coins got a huge boost in last 7 days.  Maximum of those are already 50%+ up in the last 7 days. Is it because Bitcoin becomes stable in a new price range?
Or there is any other reason behind it?
What your thoughts about this?

Check the list here: https://www.coingecko.com/en/defi

[CucakRowo]

Economic law. Defi projects were created with a philosophy to "help" investors who want productive loans. The Covid-19 pandemic greatly helped the development of the project. At least the defi project has a usecase. Because it is very useful, many investors invest in defi coins. And everything related to finance things, usually will be followed by the increase in value of the product. Question that arises in my head, can all these projects survive when the pandemic ends? Or what happens if there's saturation?

[Fatemablabla]

Economic law. Defi projects were created with a philosophy to "help" investors who want productive loans. The Covid-19 pandemic greatly helped the development of the project. At least the defi project has a usecase. Because it is very useful, many investors invest in defi coins. And everything related to finance things, usually will be followed by the increase in value of the product. Question that arises in my head, can all these projects survive when the pandemic ends? Or what happens if there's saturation?

Very creative thinking from you. Actually the questions arise will this Defi projects can survive after the COVID-19 pandemic? So far, I think they can survive if they make their platform and community strong and supportive. If you don't get any support from your community you can't stay in the market by your own.

Let's see when this COVID-19 situation ends and where ends this Defi projects.

[CucakRowo]

-snip-

Thank you for the motivation. I have confidence that defi's project can survive if they have plans for expansion. For example, trying to become a multi-investment institution, financing projects, research and so on, as done by common finacial institution.

[Nellayar]

2017 - ICO
2019 - IEO
2020 - DeFi Projects

They are just changing the names and make some modifications just to attract investors. See how CEO such as CZ and Justin Sun have converted to the trends. The market is full of hype and price won`t move unless their is new strong news that will explode. I have been trading also defi projects right now and most of them are really profitable nowadays. Defi projects can be seen at binance. There are plenty of them right now.

[Baofeng]

And the money is flowing? huge amount, in the billions of dollars. I don't think that bitcoin has something to do with it. Just the tokenomics of Defi platform, the more you put the chances of your making profits by staking/holding it for 6 months to a year. So it is the hype around it and nothing more. And it will be good until it last, just like 2017's IEO boom and bust.

[btc_angela]

Right, I even created threads about the hype on Defi:

DeFi Anticipated To Reach $5 Billion In Total Value
Huobi launches DeFi incubator, sets aside ‘tens of millions of dollars’

And just imagine that we haven't still peaked yet, and there could be more money going into this market. My thoughts that it really bring this bullishness in the market, so it could trickle down to alt coins and maybe it can garnered bitcoin investors as well. Good times is coming back.

[livingfree]

We are like with the days of ICO hype and as of now, this is the hype that these Defis do.

There is no any other reason and it's because people are seeing that it's bitcoin that's shining again and anything that's related to crypto projects is booming. It makes people crave to invest in more projects because they have an idea that we're about to enter a bull run.

[iamaruf]

I think this is hype in DeFi. As you know people showing interest in DeFi project. I don’t how long this hypes will stay. But don't jump all of the DeFi crypto. Because end of the day only legit project can remain in market. Better choose wisely other wise you can loose money in DeFi hype.             

[judeafante]

I was checking the Defi coins list on Coingecko. I saw that most of the Defi coins got a huge boost in last 7 days.  Maximum of those are already 50%+ up in the last 7 days. Is it because Bitcoin becomes stable in a new price range?
Or there is any other reason behind it?
What your thoughts about this?

Check the list here: https://www.coingecko.com/en/defi

I have Oikos and it's one of the Defi projects that really made an impact in the market, Defi has usage and it solves some of what the people needed, this is a really decentralized industry that people should look study and try it out it's a bank in the cryptocurrency, that's profitable for those who wants to invest.

[jacafbiz]

This is what happen when people throw away reason when investing, some people just want to buy anything DEFI because this is what is in vogue now and this madness could even surpass the ICO crazy IMO. If we are just entering the bull market and prices are moving up this way what would end up will be a zero sum game for most people

[LbtalkL]

I guess the main reason is the hype behind DeFi projects, many people are being FOMO by this DeFi, Band and Link has been increasing in price which is good for investors, Yes, DeFi is really amazing tech in crypcurrency but I have notice there are also an increase in scam defi projects which they list directly on uniswap which is pretty alarming just last week I saw some scam defi project just scammed 200 ETH to it's investors, scammers are on the move again riding this defi hype, be careful I prefer to invest on top defi projects.

[bayudndy]

I was checking the Defi coins list on Coingecko. I saw that most of the Defi coins got a huge boost in last 7 days.  Maximum of those are already 50%+ up in the last 7 days. Is it because Bitcoin becomes stable in a new price range?
Or there is any other reason behind it?
What your thoughts about this?

Check the list here: https://www.coingecko.com/en/defi

Defi is a very hot keyword, and most investors have invested in these defi projects. So we can bet on projects with low market cap waiting for profits. I bought some OKS at $ 0.055 and am waiting for it to go up to $ 1 in the future

[Saisher]

I guess the main reason is the hype behind DeFi projects, many people are being FOMO by this DeFi, Band and Link has been increasing in price which is good for investors, Yes, DeFi is really amazing tech in crypcurrency but I have notice there are also an increase in scam defi projects which they list directly on uniswap which is pretty alarming just last week I saw some scam defi project just scammed 200 ETH to it's investors, scammers are on the move again riding this defi hype, be careful I prefer to invest on top defi projects.

Yes that's true where the money is the scammers will follow, it used to be IEO now it's the Defi hype we must be aware how Defi works and the team that is working on this technology are really knowledgeable about the structure of Defi, we need to educate ourselves just like how we educate ourselves in fighting scam projects.

[aprilnot]

I was checking the Defi coins list on Coingecko. I saw that most of the Defi coins got a huge boost in last 7 days.  Maximum of those are already 50%+ up in the last 7 days. Is it because Bitcoin becomes stable in a new price range?
Or there is any other reason behind it?
What your thoughts about this?

Check the list here: https://www.coingecko.com/en/defi

according to what I see this because bitcoin, and in recent weeks DeFi has become the most talked about topic. so the hype about DeFi coins is still quite high. the more people talk about it, I'm sure the price will continue to go up.

so it is normal for DeFi coins to have increased in the last few days. even so I highlight about the news that there are some DeFi Platforms that are having hacking issues. this can be a serious problem if there is no resolution. DeFi is the new hype that is getting the crypto market excited again. and I don't want this hype to be destroyed just because of safety concerns.

[Vishnu.Reang]

DeFi will end up like an inflated bubble and it will burst just like what happened in 2017 with the ICOs. The concept is really good and I am not going to downplay it. But the acceptance among the mainstream users have remained very low. As of now, DeFi is mostly limited to the cryptocurrency sphere with hardly any usage in the mainstream market.

[ElmedoRator]

DeFi will end up like an inflated bubble and it will burst just like what happened in 2017 with the ICOs. The concept is really good and I am not going to downplay it. But the acceptance among the mainstream users have remained very low. As of now, DeFi is mostly limited to the cryptocurrency sphere with hardly any usage in the mainstream market.

Sure it will happen, but we don't know when the Defi will crash. Btw scammer is trying to create many fake projects to try to steal investors' money, so be careful with it

[Rengga Jati]

I was checking the Defi coins list on Coingecko. I saw that most of the Defi coins got a huge boost in last 7 days.  Maximum of those are already 50%+ up in the last 7 days.

I also see how they really can hit the market with a high increase, leaving others behind and leading at first. And the most leading coin of DeFi is the LINK so far. This con can increase so highly in a short time. Although it may decrease, but it can then increase again quickly. We can see how the chart of LINK. It is so interesting. And so do the other DeFi coins.
But, Is this only one of the hype? Will this DeFi coin survive for longer and longer periods for more years? or will it only survive until 2021 and will be replaced by other kinds of projects? I am so curious about this. But so far, I also still hold LINK. 

[masterrex]

I was checking the Defi coins list on Coingecko. I saw that most of the Defi coins got a huge boost in last 7 days.  Maximum of those are already 50%+ up in the last 7 days. Is it because Bitcoin becomes stable in a new price range?
Or there is any other reason behind it?
What your thoughts about this?

Check the list here: https://www.coingecko.com/en/defi

I believe that the Defi's growth in recent days is not purely related on Bitcoin price increase instead, the Defi market has a unique parameter why it kept growing till today although most of the cryptocurrencies are tied up with Bitcoin price movement Defi has exception because at the time that Bitcoin was floating in $9K level the Defi market cap was already shooting up,thats why I believe Defi has also contributed to the bullish market trends today.

[bluebit25]

DeFi will end up like an inflated bubble and it will burst just like what happened in 2017 with the ICOs. The concept is really good and I am not going to downplay it. But the acceptance among the mainstream users have remained very low. As of now, DeFi is mostly limited to the cryptocurrency sphere with hardly any usage in the mainstream market.

Sure it will happen, but we don't know when the Defi will crash. Btw scammer is trying to create many fake projects to try to steal investors' money, so be careful with it

We're just in the very early stages of Defi, so I think it'll last until the end of 2021, so take advantage of this opportunity to make a profit from the market. I bought OKS and now has more than 30% profit from it, Defi projects will surely grow many times in the future.