All Top 10 DeFi Tokens on coinmarketcap in Loss

[goinmerry]

As expected. Feel sorry for those who blinded again by the hype thinking no way the rise won't be destroyed. Latecomers surely can't sleep properly at night.

But still, congratulations to those who able to ride.

Been seeing disappointment posts and regrets on some traders group in social media. FOMO really struck them and some even shifted the majority of their holding to this Defi tokens. Should serve that as a lesson in case there's another token on a crazy hype again.

[1714884121]

1714884121

[Swordsoffreedom]

But it's not just the DeFi coin that's down. The whole crypto market is now bearish. You know, Bitcoin's price has been rising over the past few months, as have altcoins too. The collapse of the market now is undoubtedly a correction. I hope the crypto market will be uptrend again after the correction.

[oscarftw]

and today Chainlink was 10 USD , so every single token lost a lot today. Today was a huige red day, bloo bath. Unfortunately this shows that recent rally was a failed attempt of breaking 12k resistance, again. This means that we will not see new ath soon, maybe ww will have to wait another year before next attempt.

Another year for the next attempt! Don't you see the history of Bitcoin price and a few months ago halving time. Bitcoin will break through 15K USD before next February because December next year we could see another bullrun like 2017. Whatever if Chainlink dumps to 10 USD, the top coins list is always changing because we are receiving more new future & features.

[harizen]

Gonna say it will take time before the DeFi hype will come back again.

Even experienced ones got blinded by these hypes and do the hodl to death mindset even seeing the price is continuously decreasing right before their eyes.

Well, the good thing here is, people who don't experience yet how to deal with this hype now actually feel the pressure of riding the big wave. Should act as a good reference in making their future strategy.

[TopT3ns]

Gonna say it will take time before the DeFi hype will come back again.

Even experienced ones got blinded by these hypes and do the hodl to death mindset even seeing the price is continuously decreasing right before their eyes.

Well, the good thing here is, people who don't experience yet how to deal with this hype now actually feel the pressure of riding the big wave. Should act as a good reference in making their future strategy.

unfortunately those who are affected by DEFi hope to get a lot of profit, as happened some time ago the price of DeFi coins like YFI has a high price increase but when the time collapses it makes many people stuck at high prices like today many traders become victims of DeFi .

[qomariah95]

Looks like not only the top 10 has decreased. Even under him experienced the same thing too. So the market is really down and a lot of altcoins or DeFi coins are going down and losing. So I understand this, not just one sector.

[warg2017]

Now all the crypto market is bleeding,almost all of the tokens are red color,not only top 10 DeFi Tokens.But i think this is just a correction after the big pump, it has been proven time and again.So if you have spare money, I think this is a good chance to get on the cheap DeFi boat,missing this opportunity,it's hard to find another time.

[ElmedoRator]

and today Chainlink was 10 USD , so every single token lost a lot today. Today was a huige red day, bloo bath. Unfortunately this shows that recent rally was a failed attempt of breaking 12k resistance, again. This means that we will not see new ath soon, maybe ww will have to wait another year before next attempt.

Another year for the next attempt! Don't you see the history of Bitcoin price and a few months ago halving time. Bitcoin will break through 15K USD before next February because December next year we could see another bullrun like 2017. Whatever if Chainlink dumps to 10 USD, the top coins list is always changing because we are receiving more new future & features.

How do you know that we are going to have a bull run next February? There's no information to back up your claim, and no one in this market can predict the future. Just keep an eye on the market and buy them at the right price, I believe we will always benefit from them.

[bearexin]

We do not need any defi, there are so many people who got hyped about bitcoin and I believe there is really nothing that it provides that would be too much of a change. I believe bitcoin world will continue without DeFi being so big in the near future. By 2021 and forward DeFi will not be as big, it will be half of this probably and even less in the future after that. Think about it, ICO times in the peak was over a billion dollars a month, A BILLION DOLLARS A MONTH, at its peak, look at it now, it is not even 100 million in the past 5 months, that is ridiculously low compared to what it used to be.

Hopefully it won't fall that much, but even if it does, I believe it would make sense as well. I just hope that people do not loss too much money while the DeFi world goes down.

[TopT3ns]

I have bought several DeFi coins based on Tron Blockchain, before the btc price going down coin that I bought was very profitable, but now you can see that the price has dropped more than> 60%, that's a very big number in pump and dump at the short time

well, when you already know the price movement, you should be able to make the best of it because such price movements usually get full support for investors and the whales who are playing with prices and trying to find profit in a very terrible way.

[josgandosbro]

not only Defi but all coins are now experiencing huge price drops, it's just that those who believe in Defi suffer more losses
Prices are now back where they were before the pump happened

[0nline]

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

[Tahid12]

Crypto market is passing full of volatile and unstable condition. I agree that others cryptocurrency lost their value along with bitcoin. But i wonder after seeing, some defi tokens lost their value incredibly 50% to 60% within 3days. Even they continueously deacreasing after op posted, When Others altcoins seems quite stable after lossing their 10% to 15% value.

[Silberman]

But it's not just the DeFi coin that's down. The whole crypto market is now bearish. You know, Bitcoin's price has been rising over the past few months, as have altcoins too. The collapse of the market now is undoubtedly a correction. I hope the crypto market will be uptrend again after the correction.

That is natural, the recent growth in the markets was for the most part caused by DeFi projects and since a lot of money was moving there as soon as it began to go down and people finally realized the fun was over and began selling their coins this had an effect on all the market, after all it is not as if bitcoin has gotten any weaker because of this, if anything this shows once again that all of those coins trying all kind of tricks to replace it as the leading coin and surpass it will never get there as they simply will never be as trusted as bitcoin is precisely because of what we are seeing right now.

[rexxarofmoknathal]

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?

Yeah, it can be a hard hit but honestly we should have seen this coming after weeks on end after the BTC halving event the market stays in the same place and only recently showing a small uptrend.

Now that the bull-ish run occurred almost for no significant reason, not that in crypto this means anything, the aftermath correction is happening now. I do think that even with so many coins underperforming greatly, the markets could look even worse, and from what I've seen in the couple of days there's some sluggish movements of recovery. And, lets not forget about the current global pandemic causing distress signal among the stock market...

[Sirait]

currently, some DeFi coins have grown by a few percent in the last 24 hours based on Coinmarketcap / DeFi.

the phenomenon of a market correction is a natural thing and in one year it will definitely occur several times. I see the price decline a few days ago is just a market correction and have no other reason.

*I hope we always think positively and remember to only sell when it's profitable, don't be a panic seller

[srcarreira]

What do you guys think, time to invest or it's finally dead?

First of all, weren't we all aware of crypto being extremely volatile and non-consistent thing all along?
Why do you expect something to be able to grow like 200%+ overnight and then not experiencing a rapid fall?
For me it is a good time to buy some of those, you can fomo sell if you want to

[kynaz]

Crypto market is passing full of volatile and unstable condition. I agree that others cryptocurrency lost their value along with bitcoin. But i wonder after seeing, some defi tokens lost their value incredibly 50% to 60% within 3days. Even they continueously deacreasing after op posted, When Others altcoins seems quite stable after lossing their 10% to 15% value.

Defi projects are like bubbles and can burst at any time so I recommend that if you want to invest in these projects, you should consider carefully and do not hold for too long as that can cause for you to lose a lot. The current market is now dependent on Bitcoin as this coin is all decisive for the existence of the crypto market. I guess this year the market will definitely be on an uptrend and here's your chance.

[coin-investor]

Anything that pumping there must be times when prices going down because corrections and tokens that are not clear and don't have good utility or fundamentals will slowly disappear. It is like a natural law that is strong and has a clear foundation that will survive. Personally I have no interest in the Y family.

So far the top ten DeFi projects are moving up again or recovering there are still hope for some DeFi projects, investors are wiser now they know that there are a lot of scam DeFi based products and there are still good DeFi projects this indistry has potential the fact that they have a dedicated page created by Coingecko and Coinmarketcap so people can easily see the market movement of DeFi based projects.

[soulripper]

currently, some DeFi coins have grown by a few percent in the last 24 hours based on Coinmarketcap / DeFi.

the phenomenon of a market correction is a natural thing and in one year it will definitely occur several times. I see the price decline a few days ago is just a market correction and have no other reason.

*I hope we always think positively and remember to only sell when it's profitable, don't be a panic seller

Yeah a market correction where almost all the investors are already make a panic sell and from what i see the defi hype look like already end. Most of the Defi project just a scam with no solid plan for a long term.  To me Defi project just like a ponzi scheme where the first peoples will make a lot of money and the last one will stuck with the shit token at high price.