All Top 10 DeFi Tokens on coinmarketcap in Loss

[ImThour]

Top 10 DeFi Tokens by Market Capitalization on coinmarketcap are in Negative/Loss 20 Hours change.
What do you guys think, time to invest or it's finally dead?

[1714325461]

1714325461

[1714325461]

1714325461

[1714325461]

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[SquirrelJulietGarden]

Define the (scam) DeFi.  I hope that some people will read my topic and become more careful with their buy orders since today with any DeFi projects. Farm, swap, IEO or trade all should be done carefully and wisely.

People are more easily to accept stop profit but they are too late to accept loss and do stop-loss. "Easy comes easy goes", in the meantime of their hesitation, their money evaporate fastly.

[casperBGD]

it is a correction after strong move upside, where this correction will end, it is an important question, since long correction could pull down whole crypto market
at the moment, IMO it is best to wait a bit to see how the things are going to roll out in the following days

[10BTCaDay]

it is a correction after strong move upside, where this correction will end, it is an important question, since long correction could pull down whole crypto market
at the moment, IMO it is best to wait a bit to see how the things are going to roll out in the following days

this will be the most correct decision. now fast decisions can bring great losses. It is important to understand that the growth was very strong and the correction could be more than 50 percent

[Docbee]

Top 10 DeFi Tokens by Market Capitalization on coinmarketcap are in Negative/Loss 20 Hours change.
What do you guys think, time to invest or it's finally dead?

I know you will agree with me that, crypto market is volatile and it's unstable, definitely there will be change.  That is just less than 24h change for those top DeFi, so we can't really say much for now, though there were lots of hypes and some manipulation when it comes to them.  As it has also been noted, one must thread carefully in an attempt to invest in them.  But let's give it some time, we can't really conclude for now.

[ned.ryerson]

All smart people understand that there is no endless growth of cryptocurrency. We now see the usual correction. It can continue for several months. Just keep watching

[Pasutinmeur]

This is not the best time to invest as those coins can go even deeper than this time. This is the best time to shorting the market for the bump that can happen anytime.

it has been a long time since those coins were going to the moon and this is not a big surprise to see those coins were getting dropped as the correction before the next bump.
Bitcoin and ethereum were also playing a lot in this cases as people were liquidating their money for the bitcoin and ethereum too.

[Renampun]

DeFi HYPE was already causing an uproar, during the last few times...
then market corrections are a natural thing.

All smart people understand that there is no endless growth of cryptocurrency. We now see the usual correction. It can continue for several months. Just keep watching

agree with you, it is likely that the market correction on DeFi will occur in the next few time.

[jacafbiz]

I don't think anyone is surprise about this, this is bound to happen because the market will surely make correction. This is the time for people that missed out fo the recent DEFI pump to buy the dip. I believe this month is all about market correction before we hit a new gear in the last quarter

[noorammak]

Projects still exist because the money is constantly being poured in, but the market keeps track of the trend of bitcoin. In the past, the present and future will always be like that. I believe that the above projects will only depreciate in the present time and the future, they will continue to be of higher value.

[bttmember]

Maybe time for a good correction in all these defi projects because the way their price grew was unrealistic to many but as a supporter i think this tech has bright future and even if price dumps more it will be good to pickup some good defi coins.

[kingzpro]

How can you even expect the market especially the defi coins to keep pumping everyday and always if a deep correction occurs here it would be good for them as the coins will find support and fair value and then the price can build on that foundation.

[ElmedoRator]

This is just a short term correction, the price has increased many times in the past so it is perfectly reasonable to adjust like this. Don't worry too much about this, prices will continue to rise in the long term because these are the leading projects in this market

[ije07]

some of the top Defi tokens underwent a market correction and this is common especially after they pump up significantly. In this case I am worried for those who have bought at a high price or are stuck on FOMO. In fact, the possibility could still decline especially if they are panic selling, after seeing the weak market chart.

[someone703]

Prices cannot go up on a regular basis, they need to be adjusted and enabled for new investors to invest in the project. So collapsing like this will not be too big of a problem, as long as you don't panic sell, I believe that you will still be safe and have profit in the future.

[lizarder]

From that list I think only 8 are losing, DAI and Wrapped Bitcoin are not included because in my opinion DAI is more like a new stablecoin, and wrapped bitcoin is based on bitcoin, because bitcoin is dropping, of course, wrapped also follows. for others they lost for a while, but in some lists, of course there are some who still have the potential to rise.

[DU18]

This explosive growth on the Decentralized Financial market or DeFi is one of the impetuses that resulted in an increase in the price of several defi coins some time ago, but in every cryptocurrency trade anything can happen suddenly of such as a decline, in prices on some currents defy coins and of course along with when the price rally will also occur again so that we as traders do not have to panic too much in the face of the current downward trend in prices because isn't that normal in trading investment?

[ameliana]

Coin price fluctuations are frequent in the crypto market even among the top Defi coins and I think this is normal. You can make corrections like this as an opportunity to buy cheaply, but if you are confident in the project then you can buy it.

[DarkDays]

It's not just DeFi, practically every cryptocurrency is down today—after Bitcoin got rejected at the $12,000 threshold once again.

However, it's not too bad. It basically wiped off the last 2-3 days of gains for most cryptocurrencies. There is still a long term bullish trend and I highly doubt we're going to stay at these levels for long.

Remember, the longer the accumulation, the more rejections, the bigger the break out. Bitcoin has been knocked back from $12,000 around five times already in the last three months, we're about to see one monster breakout soon.

Bitcoin is almost certainly going back to $20,000 this year, and altcoins are going to go damn moon.

Just make sure you've got your stop losses set!

[cryptoperkele]

Who was surprised that every altcoin needs a retrace? These things were mooning like crazy. In fact almost every god damn crypto was mooning that wasn't dead already. Mooning without any retrace is very unhealthy. This just gives it them more power to moon later on.