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Author Topic: Most of The DEFI coins are 50% up in last 7days!!  (Read 492 times)
hd49728
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August 10, 2020, 03:32:46 PM
 #21

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.
There is CeFi DeFi and CeFi ratings. Please correct me if I am wrong but I don't know what is CeFi. It looks like a borrowed term from DeFi, with a little adjustment in the initial term, replace of D by C.

I see it is a similar minor change from ICO to IEO.  Lips sealed

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August 10, 2020, 03:41:15 PM
 #22

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.
There is CeFi DeFi and CeFi ratings. Please correct me if I am wrong but I don't know what is CeFi. It looks like a borrowed term from DeFi, with a little adjustment in the initial term, replace of D by C.

I see it is a similar minor change from ICO to IEO.  Lips sealed

isn't cefi mean centralize finance since defi is decentralize finance! this few days have feel like a bull run for the defi project and it is really amazing to see how fast the price is appreciating, i was following link and ban from $9ish and suddenly they touched $14 and that really surprises me, i think investors in this project must be very happy with the results.
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August 10, 2020, 03:41:54 PM
 #23

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

There has been big hype and fomo revolving around DeFi and the related projects and that is wwhy they are in demand and growing in value everyday just look at how much snx has grown in like last 2 months or so. Some big crypto companies are also funding and supporting defi based projects which is also one readon for the craze in the market surrounding DeFi.

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August 10, 2020, 04:17:49 PM
 #24

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.

Crypto continued to gain trust now that countries are developing thier own digital fiat on blockchain. I'm sure Defi will survive after the covid, all have changed already. There are already mainstream media not representing Bitcoin as scam which they are likely becoming aware now about crypto.

Among the top defi project is Kava, it looks very developed compare to some Lending platform and its using Cosmos for interoperability.

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August 10, 2020, 04:38:41 PM
 #25

50% increase because DEFI is currently trending, so it is natural that many DEFI coins or tokens have experienced high increases,
like JUST, I also did not expect it to be like this

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August 10, 2020, 05:18:55 PM
 #26

I´m waiting for the news that those DeFi coins are down 99%. Not being negative here but it´s obviously a bubble, a pump and dump scheme. DeFi coins came suddenly around the corner and now they are the best thing since sliced bread? I don´t think so. While there are certainly good projects in DeFi, most won´t survive, especially those that got pushed to the moon by experts and gurus
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August 10, 2020, 05:20:09 PM
 #27

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

With the hype in the market and everything favoring defi it seems just like a start but who know. I have also seen critics that are calling it just a bubble but with big data platforms like cmc and coingecko quickly coming up with defi section and huobi introducing defi incubation and funding program i think this trend will continue and this may prove to be the big stimulus for the next massive bull season.

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August 10, 2020, 05:56:47 PM
 #28

DeFi is the new bubble. Hype is strong on DeFi projects so manipulation and speculation are driven these prices in my opinion. Sure some projects have value, but they all kind of offer the same concept so who will win and keep market share is another question. For now, speculators are dominating trading volume not really users.
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August 10, 2020, 06:25:06 PM
 #29

DEFI projects are really doing great presently with the overall DEFI mcap skyrocketing mainly due to staking / yield farming benefits. Some have already started to say DEFI bubble will soon burst, implying everyone should understand DEFI is a trend which will come and go. However, DEFI is taking the crypto space to the next level in the real sense.

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August 10, 2020, 06:29:54 PM
 #30

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

Many reasons behind this, first one is that we are in the middle of a bull market and it is mostly always a trend that first the price of bitcoin rises and then the altcoins follow, same is happening now, the bitcoin price rose a couple of days ago and became stable and now the altcoins are pumping. The second one can be the DeFi hype that was going on before the start of the bitcoin bull run, because before the start of bull run of bitcoin, the DeFi coins were already rising in price but bitcoin pump gave more fuel to the DeFi rocket and now it has already made many DeFi coins to boom in the past week or so.

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August 10, 2020, 06:59:36 PM
 #31


Oks also grew 70% yesterday, which is really a great growth for this project. And as far as I research, the price of OKS is very cheap, and in the future it can go up 0.5-1 $ if the project works well and offers products.

I bought 2500 OKS 2 days ago at 0.041$ price. Currently, it's over  0.1$+. So, I am already on a huge profit but still holding the tokens to get a good price around 0.5-1$ like you. Also holding 1300 OKS token I got from their last bounty. Hoping to get a good amount on this current bounty.  Hope the price still rising.
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August 10, 2020, 06:59:41 PM
 #32

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


The DeFi projects are actually enjoying price boost recently and this could probably due to increase in the interest of the investors in the decentralized financial crypto projects because of the tendency to make quick profit from it.  Well, we hope this price increase will be maintained for a while, especially that of our very own OKS...lol.
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August 10, 2020, 07:10:30 PM
 #33

It is unbelievable how any innovation is quickly copied/pasted by all projects and people start a rush to invest in these projects and spread the innovation everywhere as if they were talking about the Bible. But in 1 year from now they will be in decline and we will see another innovation to cause another great price pump. this is an endless cycle, if at least project creators forgot copy/past it would be very good

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August 10, 2020, 07:13:47 PM
 #34

It fees like 2017 in the Defi chain, most of the Defi coins and none Defi coins have really increase a lot, even oikos increases lots more from what it was trading few days ago, my little mistake is not buying when the price was down now the price has really gone up, I guess this year is year of Defi project, everyone should buy some not to miss out.
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August 10, 2020, 07:42:29 PM
 #35

These defi people are making me cringe a ton when I look at them, they are acting like they are in the crypto world for the first time ever and they have never really seen anything similar before. After all in the crypto world we are actually quite repetitive and seen these type of hypes a lot, we have seen bunch of stuff that go super big and then just burst.

I can guarantee you that defi hype right now is the simple feeling of "someone made so much money, let's all go there!!!" and that's it, it is literally a gold rush for some people yet it is not making them that much money, it did for some people early on but that was it, not anymore. You will see that everyone will hate it very soon, I can remember ICO period when people invested over a billion dollars in a month, look at it right now.

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August 10, 2020, 07:49:32 PM
 #36

It fees like 2017 in the Defi chain, most of the Defi coins and none Defi coins have really increase a lot, even oikos increases lots more from what it was trading few days ago, my little mistake is not buying when the price was down now the price has really gone up, I guess this year is year of Defi project, everyone should buy some not to miss out.

We are simply witnessing that happening right now.

The market hypes and the reactions of the investors and those traders who are participating with this
ride, it's just simply amazing, this year belongs to this project I agree to that. A good sign that many
investors are still inside this market.









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Henrytrust
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August 10, 2020, 07:50:27 PM
 #37

I've been hearing about Defi projects for a while now and I'm sceptical about the qualities of a defi project. I know Defi means decentralized finance, but is there some peculiar attributes for Defi projects, because several projects are claiming to be Defi in nature. Any assistance would be greatly appreciated.
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August 10, 2020, 09:02:15 PM
 #38

There is the good, the bad and the ugly regarding DeFi..and one needs to be really well informed before investing or entering in decentralized finance because it looks easy but it is more complicated as it addresses different issues and needs. It's a learning curve but just like ICOS back in 2016, now the DeFi craze is attracting both smart and dumb money because it is addressing a need for people to become more independent with their money. DeFi gives people choice to enter a new market as opposed to just bagholding worthless FIAT.


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August 11, 2020, 12:40:26 AM
 #39

Has anyone found some interesting new Defi project that is about to launch or has launched just recently? Would be nice to see if things are moving in that regard also when it comes to things related to Defi.

So far I have seen people only talking about established projects or old project that connected to Defi train in some form.
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August 11, 2020, 03:48:43 AM
 #40

Yes looks like 2020 is all about Defi. But personally I am not sure how sustainable this Defi hype is as I believe the main reason for the pump is craeting artificial demand by locking up tokens.

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