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

[pankowri]

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.

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.

Yes, I also bought 654 Oks at 0.04$ each few days ago and I have sold those today at 0.1221$ each. I am happy with OKS and its a defi coins. Defi coins are getting successful rather many coins can't.

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[MonsterV]

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.

well history on crypto world is every new concept that could make a spike on crypto market will be trend for only a moment then after the concept born new scam project and investor got tired of it, the concept will be dead and born more new crypto concept.

already happend to Intial coin offering that very beauty moments for crypto world that pump bitcoin to 20K because new investor are comming and try new thing called ICOs, now ICOs is totally dead because to many scammers using the ICOs concepts to fool new investor.

[akram143]

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

And now most of the defi coins are 10% to 30% down in the 24 hour time period which clearly shows that the price increase here as a results of bitcoin acts as bullish.Bitcoin neet gets stable and its always too unpredictable whenever we thing it is getting stable and it has been the nature of bitcoin since I knew it.

[Finestream]

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

And now most of the defi coins are 10% to 30% down in the 24 hour time period which clearly shows that the price increase here as a results of bitcoin acts as bullish.Bitcoin neet gets stable and its always too unpredictable whenever we thing it is getting stable and it has been the nature of bitcoin since I knew it.

This happened because bitcoin is down again, and altcoins follow, we have a red market today so expect that more down trend will happen.
If the price rise big time, it's mostly because of the hype, we can't say it's because bitcoin is stable in its new price range because it has never happen yet that bitcoin is stable, it's still a speculative asset that is subject for volatility and since it's dominating the market, it's expected that the rest of coins are also volatile.

[MainIbem]

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.

The market is certainly responding to the reality of mass adoption of cryptocurrency as the new money.

[imstillthebest]

you got it . btc boosted them but aside from btc defi had been on the news before and everyone is talking with it   .

defi itself did also contribute but but now that btc is decreasing  , defi and other cryptos are also following . this is a bad timing or unfair for those that will only going to recieve thier coins  because they also waited for that great moment to happen .

[GWS My Boy]

true I also saw that coin defi brings a new atmosphere to the crypto world In my opinion investors are more interested in defi coins than ordinary coins

[Bitlover10]

The real defi is bitcoin and you can see how fast bitcoin crossed from 9k to 11k. Defi is new things and lot of investors interesting in it. Now many projects coming in this field and I think for mid term you can take profit from it but for long term I always with btc and top 10 crypto. These defi coin just a bubble like ampl. Ampl have a huge fomo but you can see how it's price come back from 3 dollors to under 1 dollars. So it's very risky.