impact of added new token in defi market?

[leea-1334]

still can't affect my estimate for the latest system defi, because every update will always attract more attention but the results that look new are a little very vulnerable to behavior that looks for opportunities in situations like this, it's good to see developments first and can't decide in fast tempo. so as not to be affected by things that might be detrimental.

Same here,,, every project now in the space is also coming out with Defi. And you know, even the ones who are promising safety say,,, no more rug pulls etc etc are now facilitating rug pulls themselves. So utterly and ultimately disgusting I cannot even begin to say how angry it is making me like in ICO days!

[1715120399]

1715120399

[1715120399]

1715120399

[MCobian]

Of course the effect is with the many DeFi projects that have sprung up, making DeFi projects become hype and there will be
a pump and dump in the market. And this is not good for newbies who still don't understand how to analyze the market, there
will be many newbies who become victims for buying coins at the peak price. There are so many examples of DeFi projects that
eventually become scams, so we have to be careful with the many new tokens in the DeFi market. Only investing in coins does
have strong fundamentals, this is to prevent us from investing in shit projects.

[okala]

Defi is a game changer and we are going to see a repeat of what happens in 2017 because of the ico. Cryptocurrencies market is getting actracting by the day and those that buying into it early has made good returns on investment. Defi is the new face of it and the earliest we accept this reality the better for us.

[Hippocrypto]

Defi is a game changer and we are going to see a repeat of what happens in 2017 because of the ico. Cryptocurrencies market is getting actracting by the day and those that buying into it early has made good returns on investment. Defi is the new face of it and the earliest we accept this reality the better for us.

We can't expect too much out of this happenings, just be focus on what's really efficient for the current situation. Last 2017 was already done, so moving on for another year will be the biggest challenge. Defi market need more time to fully mature, and if we're hoping for positive results then let's wait for more months to observe the daily activities.

[poodle63]

YFI party  continues to UNI party, UNI with uniswap, binance and coinbase bring new hype for DEFI trend, now other platform like tron launching defi project..i see this thing like ICO 2017 happen again..

That's possible, people are randomly investing into these project like in the past anyway but what I see different is that the Defi which platform is to offer service like exchange is not some empty promise trying to give return of investment out of nothing but they have working system.
the platform could bear to give the participant the promised return of investment simply because it's sustainable but we gonna see whether it could hold for long.

[AmoreJaz]

Of course the effect is with the many DeFi projects that have sprung up, making DeFi projects become hype and there will be
a pump and dump in the market. And this is not good for newbies who still don't understand how to analyze the market, there
will be many newbies who become victims for buying coins at the peak price. There are so many examples of DeFi projects that
eventually become scams, so we have to be careful with the many new tokens in the DeFi market. Only investing in coins does
have strong fundamentals, this is to prevent us from investing in shit projects.

definitely, there will be noobs who will get rekt in this defi hype. if you ask yourself, how many of these defis have real foundation, aiming to have working platform and such? take for example, YFI - how long they will be in beta? but look at the their price - more than double of btc price. where is that value coming from? how did they manage to achieve such price?
 so yeah, i am sure a lot will be victims of this defi hype just like the ico period. dont be one of them!

[Mahanton]

Of course the effect is with the many DeFi projects that have sprung up, making DeFi projects become hype and there will be
a pump and dump in the market. And this is not good for newbies who still don't understand how to analyze the market, there
will be many newbies who become victims for buying coins at the peak price. There are so many examples of DeFi projects that
eventually become scams, so we have to be careful with the many new tokens in the DeFi market. Only investing in coins does
have strong fundamentals, this is to prevent us from investing in shit projects.

definitely, there will be noobs who will get rekt in this defi hype. if you ask yourself, how many of these defis have real foundation, aiming to have working platform and such? take for example, YFI - how long they will be in beta? but look at the their price - more than double of btc price. where is that value coming from? how did they manage to achieve such price?
 so yeah, i am sure a lot will be victims of this defi hype just like the ico period. dont be one of them!

Not all joiners are considered that have been dragged with the hype yet some veteran do really know on what they are doing and just go with the flow just because they do know that they can make out money out of this hype.Well, if there are gainers then there would be lossers which its always been a basic thing on this market.We should really be careful and never ever consider on letting yourself to be dragged with Fomo
or else you would really be wrecked up really hard when the market tends to shift upsidedown, thats why we should really be vigilant and do make right decisions as long you had already make some gain
then it isnt a bad idea to secure your profits out and leave the market.

[Johnyz]

Binance is listing any token they see as a potential to pump because they will earn money from it and if there’s more DeFi project to be listed then expect users to trade with it and it can impact the whole market of Binance but not the cryptomarket since this is just one exchange and we have so many options in the market. The impact of listing defi project is that, many options to be available for everyone who wants to invest.

[shoreno]

10 New Tokens in DEFI Markets for Binance added on Koinfox
RUNE, MKR, TROY, BAND, LINK, KAVA, PNT, BAL, SXP, YFI
whats impact on cryptomarket ?

defi market for binance ? is what i read correct . is that defi are seperated because they are decentralized while there was also a decentralize version of binance , is that what you mean ?

 if im not mistaken , yfi , link and band are not new but they are already trending before but new additions of defi token can give this defi market a boost while at the same time it also gives bad impression if new tokens are not made well . its hard to decide if we should stop them or we allow more .

[hulla]

The significant impact of the DEFI project on the market for me personally is the ridiculously high cost of GAS for any altcoin that uses the ETH blochain. it is ironic that DEFI can make such a huge fomo in the market that makes dumps and pumps so significant every day.

It understandable that Defi market led to the high cost of transaction fee in the ETH network though I believe you guys are after the negative concussion caused by the Defi market than the positive because Defi also make some investors join the crypto investment and pump the total cap of crypto market. However, we need to understand that every great opportunity will have great risk and if ETH successfully launch there 2.0 network the high gas fee wont be an issue.

[Warkop]

In my opinion, the addition of new tokens has no effect there, because it looks like a lot of new tokens added on Binance look normal without exception if the token is liked by many large investors who buy it it will have a good impact and the price will go up. So for that, let's see how the token grows or not for its price once it is added to the Binance exchange.

[Wawa2013]

In my opinion there is nothing wrong with the many DeFi projects that have appeared, maybe a good thing so it makes demand
for crypto increase, and coins that are not included in DeFi projects will be affected, the price will goes up too. The problem is that
we don't become victims of FOMO by buying DeFi projects at peak prices, and don't be too greedy to get big profit from DeFi projects.
If you have a profit, immediately sell the DeFi coins we have. Don't hold on to DeFi projects for too long, because DeFi projects can
suddenly fall in price.