What is your prediction about Defi in the coming months?

[masterrex]

The crypto industry was surprised by the sudden rises of the Decentralized Finance (Defi) Markets and many Defi projects and tokens were created and its quite pricey and expensive, the Yearn Finance ( YFI) tokens have reached its peak at $44K per token it was 4 times more expensive than Bitcoin during that time, But look and compare those Defi tokens now, the YFI token price is falling currently traded at $10.4K per token and not just YFI but most of the price's of Defi based tokens, Do you believe Defi base project can recover or not? dont hesitate to drop your opinion below!

[Black ID]

I have the view that DeFi will be successful and it is worth trying to invest in DeFi. Many DeFi coins are good for trading. And even able to occupy the top position in the big market. So this DeFi is indeed extraordinary, although it is relatively new, it can prove that it is really good.

[hair]

The DeFi hype is over. I don't think the DeFi project price could increase any more, investors are still loyal to invest in major coins which are more profitable

[flyaccount]

This DeFi seems worth a try. Investing in DeFi is indeed quite attractive. Yesterday I saw the HEX from DeFi has increased quite a bit. Even YFI, which fell quite a lot, is now starting to rise again. So I think DeFi will have a lot of fans, and will be able to compete in the crypto market.

[trauchot]

I believe that the defi sphere has not fully shown itself and it is not worth skipping defi projects because they will still bring profit, so I still study the defi sphere and I study various interesting defi projects that can bring me profit, and recently there are a lot of such projects, so I think that the defi sphere will still develop and it is worth keeping an eye on it at least a little.

[StreakW]

My prediction is simple like ICO, Defi season will over and only legit defi project will survive in the market. And a lot of people will realize that defi is not profitable anymore

[I-Bit]

DeFi project seems too early to end again moreover if we look at the new projects right now, many new projects-based DeFi is still emerging. And not all of them are legit. That is why we must be careful when choosing the right coin of DeFi Right now because it seems the market can change every time and very easy

[@chison]

I don't see it surviving for too long as some of them offer to much APY. This will lead to payments not made and system not sustainable. It has been an awesome moment on the defi season.

[bigcash2011]

Obviously the prices surges because of hype and no real ground, I fo support defi as a next level financial services provider but i think we should give this tech more time to develop as natural growth is better than short term hype and fomo.

[Nostoman]

The DeFi hype is over. I don't think the DeFi project price could increase any more, investors are still loyal to invest in major coins which are more profitable

I agree with you too. The DeFi hype is over. Investors are focusing on the other project. Most investors are now investing in other currencies. As a result, the prices of DeFi tokens have started falling.

[hair]

I agree with you too. The DeFi hype is over. Investors are focusing on the other project. Most investors are now investing in other currencies. As a result, the prices of DeFi tokens have started falling.

Yeah. Maybe now is the time for the NFT project, investors are starting to look at this project for next investment

[Inthesilence]

DeFi concepts is now being used in fraud activities such as a HYIP, pyramiding and cloud mining schemes.

I dont know, I guess its my imagination.🙂

DeFi wont go for sure, it will be used in various ecisting project and future successfull project to become more decentralized.

[Nostoman]

DeFi concepts is now being used in fraud activities such as a HYIP, pyramiding and cloud mining schemes.

I dont know, I guess its my imagination.🙂

DeFi wont go for sure, it will be used in various ecisting project and future successfull project to become more decentralized.

yes, Currently I can see some signs of fraud. Surrounding DeFi. However, this number is going to increase in the future. So we need to be more careful. A few projects have already gone down their websites. It could be a frustrating event. Investors may face losses. So everyone has to be more careful.+1

[vaysar]

The DeFi market will improve and grow because by investing in DeFi you get profitability 3-4 times higher than bank deposits and up to several hundred percent on risky operations. Already, some of the DeFi industry platforms are able to offer as much security assurance as banks.

[marplen]

It's just a hype. Time will pass and we'll forget about it.
Stablecoins are more useful. And no volatility, which can damage users.I think, that it will replace defi tokens on this finance field. USDT can beat ETH... And as bound to euro, eurg token can be good