ahyadinnn
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November 09, 2020, 08:47:45 PM |
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maybe it's still not completely over because I see there are still many scam projects that are late and still trying to fool everyone, but for sure the defi hype has died down, not crazy like last month
true, I also still see some defi coins that are listed on uniswap only, and their prices are very crazy, hopefully no investors will buy coins like that, because the price is high, does not last long, only a few weeks usually has experienced a sharp decline
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Ezravdb
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November 09, 2020, 08:49:00 PM |
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You are right, the Defi trend has decreased quite drastically if I pay attention to the table that you share. Especially Coin CRV, which fell quite drastically, reaching 92%, would certainly be a disaster for investors or holders who hold CRV. from the case above, it can be a lesson for all people not to be swallowed up by the hype for a moment because it will give our finances a big risk if we sell late. Damn I also had a big loss from the Defi trend .
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GrosWesh
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November 09, 2020, 08:59:37 PM |
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Defi is here to stay, in my humble opinion.
What keeps us from really realizing this is the recent influx of unaudited 'projects' featuring completely crazy APIs as well as a bunch of scams.
When the dust settles there will remain a major advance in the field of finance, opening up possibilities to those who were sometimes deprived of it, eliminating unnecessary third parties. And so many other things!
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Slingshot
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November 09, 2020, 09:32:21 PM |
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I'm really thinking so because many users are not moved by it anymore and alit are scared of investing because of the rig out there. Scammers have invaded and those that listed in big exchanges dumped massively so I do not think it's being appreciated like before and NFT will likely take the lead soon.
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ice098
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November 09, 2020, 11:55:52 PM |
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You are right, the Defi trend has decreased quite drastically if I pay attention to the table that you share. Especially Coin CRV, which fell quite drastically, reaching 92%, would certainly be a disaster for investors or holders who hold CRV. from the case above, it can be a lesson for all people not to be swallowed up by the hype for a moment because it will give our finances a big risk if we sell late. Damn I also had a big loss from the Defi trend .
Maybe because most of the defi project now are turning into scam, they will run after days of presale or once they raise some money from presale. one of these is clown finance. I observe that project for a week, it is also been advertized by one influencer then suddenly it disappear, the telegram is no longer exist and even their Twitter account. That influencer immediately made an announcement but I think it actually hurts his reputation, being associated with scam is not good. Defi is still kicking but decreasing its popularity.
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Pgilbert
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November 10, 2020, 02:03:04 AM |
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So binance and bittrex should be good since neither has made an announcement to the contrary and neither has stopped trading some defis.
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bitFlowers
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November 10, 2020, 05:28:38 AM |
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Haha is it over. DeFi envelopes the entirety of cryptocurrency. The HYPE is never over. Possible the plethora of tokens touting DeFi may be done with. But did they ever get anywhere?
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bittick
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November 11, 2020, 03:45:28 AM |
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maybe it's still not completely over because I see there are still many scam projects that are late and still trying to fool everyone, but for sure the defi hype has died down, not crazy like last month
It's basically the same cycle as ICO and IEO but atleast we got uniswap now a quite convenient dex to use. But honestly Defi project if not devoured by these sporadic scams should be quite revolutionary to solve problems by decentralizing it and now it's another story. I guess scam really does destroy many good things and unfortunately they are not going anywhere anytime soon because they are literally everywhere. Too many DeFi projects created, even some of them were not a DeFi project before, turned into a DeFi project later. What i can say is, we should not investing on a project just because it follows the hype or trend. Hypes or trends will ends, but real project won't end without return of investment.
can't agree more. shouldn't force a project to become a defi otherwise will fail so hard.
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onecall123
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November 11, 2020, 04:45:51 AM |
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I sense an alt season is coming, when ethereum pumps shortly after DeFi pumps. We know that the price is set by demand so i'm wondering is DeFi project is really over. More are on the way of launching, which uses the top protocols to get our amazing DeFi. This all things in intrigue people invest in DeFi.
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jcarlo
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November 11, 2020, 05:16:17 AM |
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A few days ago, YFI fell below $ 9000 when the Bitcoin price broke $ 15000 but now YFI is above $ 10000 again. The DeFI project did experience hype some time ago and I think the price decline could be due to the factor of investors taking advantage of the price increase.
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RabbiTANK
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Sovryn - Brings DeFi to Bitcoin
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November 11, 2020, 05:21:07 AM |
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Most DeFi coins are recovering since bitcoin still continues is bullishness thread, Chainlink have recovered with 27% since 7days ago now and it's trading at 13$ today, Aave have recovered with 118% since 7days now and it's trading at 61$ today, others like yearn finance, synthetix, UMA, COMP are in good shape today
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RabbiTANK
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Sovryn - Brings DeFi to Bitcoin
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November 11, 2020, 05:22:35 AM |
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If Bitcoin grows more higher majority of all popular DeFi projects will surge higher, it's only a matter of time and its better to hold your DeFi tokens if you've already invested in any one of the projects, don't listen to those saying it's over for DeFi hype
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Phoenix_PROG
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November 11, 2020, 05:32:31 AM |
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Not just DeFi but all altcoins will grow higher soon because Bitcoin is going to a new all time high this time around, you'd better hold your altcoins so you won't miss out on the upcoming new altcoin season, coinmarketcap is so greenish today, every God damn DeFi projects are surging already
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Gorosden
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$CYBERCASH METAVERSE
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November 11, 2020, 06:09:11 AM |
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Few weeks back DeFi projects are losing huge value and everyone thought it's finally over but Bitcoin became so bullish after PayPal announced it's involvement and interest in cryptocurrency and till date bitcoin is shooting for the starts so even DeFi projects that were down have start to recovers, jus go on coinmarketcap to see how the market looks so green.
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Festac
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November 11, 2020, 06:40:07 AM |
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It's not over for DeFi projects yet, thanks to DeFi hype some investors like myself are able to make huge ROI this year so far, now bitcoin is bringing back a new opportunity once again, it's movement now very comparable to that of 2017, soon altcoins will start surging too, hold your seat tight
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Greatdev
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Sovryn - Brings DeFi to Bitcoin
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November 11, 2020, 06:52:40 AM |
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I have to confess I thought it was really over for DeFi projects but now thy are showing positive sign, I believe that's possible because of bitcoin Bullrun, hopefully Bitcoin will reach new ATH and once dominance start decreasing altcoins will start benefiting from the dips.
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New_order
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November 11, 2020, 07:07:13 AM |
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It's not over for DeFi projects yet, thanks to DeFi hype some investors like myself are able to make huge ROI this year so far, now bitcoin is bringing back a new opportunity once again, it's movement now very comparable to that of 2017, soon altcoins will start surging too, hold your seat tight
DeFi projects still have a lot of recovery to do, presently the little recovery isn't good enough, look at yearn.finance that was over 30,000$ now at 11,000$, how is this a good recovery? Another one is COMP that was over 250$ and today it's 100$, this DeFi projects still have lots to catch up to before we start saying they are recovering
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globalpain
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The OGz Club
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November 11, 2020, 07:38:59 AM |
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I have to confess I thought it was really over for DeFi projects but now thy are showing positive sign, I believe that's possible because of bitcoin Bullrun, hopefully Bitcoin will reach new ATH and once dominance start decreasing altcoins will start benefiting from the dips.
Defi is not over yet, now only Defi altcoins have experienced high increases, in compared to altcoins such as Ltc, Xrp, eth, trx which have only increased by a few percent, of course this is very sad for other altcoin holders, I myself also feel this impact.
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leea-1334
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November 11, 2020, 11:19:08 AM |
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when hypes were over people can now go back on the old timer coins but there will be less people that are left and they are those that are geniuinely interested on the utility of the coin . the rest of them would be on thier hunt again for the new created projects . having an interest on new projects are fine but i think we should better be foccus on the projects that are already been here before . they are so many of them already , are we still not contented ? im afraid that the cycle will just repeat if we keep on praising new released projects , there will be another hype again after defi
Well,,, there will always be people like me who have never left the öld timer coins as you say, so those people's numbers never decrease, they only slowly increase as more and more people learn the lessons of hype cycles. I never see this as a problem because the bigger this quiet base grows, the higher the bottom for crypto markets, as we can clearly see over 10 years past:)
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kasakola
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November 11, 2020, 12:39:56 PM |
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I think the chances of J DEFI being a token pump are decreasing. Some DEFI tokens are going to be given a new look again, but here you see Jodi DEFI token Jemon YLand the price of a DEFI token pumped a lot in the beginning but now a lot has been dumped, so if you are lucky you can earn a lot from this DEFI But it's entirely at your own risk
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