List of Defi Projects That Have a Price of More Than $10 000

[minairia3]

I also sometimes feel confused, why the Defi project can have a price above Bitcoin and Ethereum? Does someone know the reason why?
Below is a list of Defi projects that have a price tag of over $10 000

Is that because of the supply must probably lowered and limited. It is quite noticing that the yfi has only 30k supply still it price is only about 13k to 16k but in fact it is so damn little. Only few got their hands on them due to small quantity. So if you had at least 100 to 500 of it sure it would be called whales already.

Among the list Im not familiar with other but Im sure they are probably a part of defi ecosystem that has been used on some method like yield farming and etc.

[amishmanish]

Just like you could easily pump your coin back in 2017 by announcing a whitepaper and a smart-contract, these days DeFi has become the new buzzword. The time is ripe for every one to jump onto the bandwagon and announce a DEX listing, a wrapped token, a smart contract and voila, if you catch the right one, you are in for a pump and dump. I would suggest everyone to not fall for these overnight operators.

DeFi may not have much real world usage but all the work behind takes time and competence. That means projects that have been slogging it out to get their oracles, APIs and development tools right since the ICO boom are most likely to be successful. All these newcomers joining the bandwagon with no history of actual development are just going to be another one of scam dev cash grabs. Stay away from them.

[timmmers]

All of your coins listed are the form of synthetic assets or tokens backed 1:1 by Bitcoin and Bitcoin is now traded above $11,000. Thatis the reason.

The only coin that is not a form of Bitcoin, is YFI token. Nobody knows who is really buy it for this price, but as you know, the price is based on token supply. Due to low token supply, the price is high .