Is Defi Booming Again?

[Borocoin]

I think that boom on YF projects soon will be back
Now I investing a lot in CORE and YFFII

[Alcor]

I think Defi is still booming although it is not as the previous time. The hype is over already but there are still many people who want to join Defi projects. I am one of the people who still have an interest in Defi projects. DIA is one of the Defi projects that I am joining currently.

You need to be interested in DeFi projects, they brought a lot of new and useful things to the cryptocurrency. However, not all DeFi projects are created equal. This should always be remembered. In addition, their tokens cannot be valued as highly as the YFI token, even if only a small number of them are issued. Therefore, the price of the YFI token has already dropped by more than three times.

[Black ID]

Of course, with so much positive news about DeFi, it will soon make DeFi go up and boom again. Especially now that DeFi is getting more and more in the lyrics because it is quite potential. Many end up choosing to invest in DeFi today. I'm sure the DeFi Token will recover soon and attract a lot of enthusiasts again.

[Jaguar]

People are easily attract in newly ideas, invention, technology and products. As long as it is new with proof of quality products crypto enthusiasts will go for it like DeFi. Once the project hit the investors interest they will start to investigate the potential to earn in short or  long term run. If they found it profitable, they will not hesitate to grab more tokens. However, there is a time lapse to subside the trending DeFi maybe months later or 1 year from now.

[kent47400]

Looks like DeFi will find its own opening to bounce back because now DeFi is dim.
Just like other altcoins that have been circulating in so many ways and eventually collapsed too.

In my opinion, DeFi will definitely continue to change according to market needs and it will take a long time.

[Dora Walletinvestor]

Just take precaution on some Defi projects because it's very clear that most of them are not legit, instead, a fly by night project that was only after with our money the proliferation of Defi base tokens nowadays is comparable to the 2017 crypto Bubble that was driven by HYPE.

I agree with you on this. Sometimes it's really hard to tell apart what is a scam and what is legit, but other times it just seems obvious that something is not trustworthy and it's hard to watch that so many scammers still manage to make money on this.

[trauchot]

Defi sphere is very popular this year and that is why so many cryptocurrency companies are created in defi sphere, and we all see what incredible trading volumes the most top defi cryptocurrencies have and I think that defi sphere in 2021 will also be very popular, thats why I see a lot of cryptocurrency companies switching to defi sphere nowadays.

[Paglamon]

The current DeFi wave is stuck at a higher level and I don’t think it’s right to finalize the higher level. Because the prices of the coins currently in DeFi have started to fall. I have seen the rise and fall of some coins. Their prices have plummeted and the market needs a lot of stability. Some coins have stability. But if you look at the different types of coins in this regard, you will see that some coins do not have stability. So what are these coins going to be in the future? YFI prices have come down and some tokens have gone down, which is not good news for investors at all. Because investors are in a desperate situation. They are disappointed because the price of the coin has dropped since investors invested. Those investors are very frustrated now. So DeFi coins need stability. Most of the coins are currently depreciating in the market and the Coins team should think of some advanced things about investors. However, DeFi projects are not fraudulent. So will remain as technology.

[Absolutep]

Defi is booming and may continue to boom for sometime to come except something out of ordinary happened. Many have the opinion that the world of Defi will crash soon but I think otherwise, so many development is going into Defi these days that may build some solid ground for Defi which might make Defi to be around for a very long time.

[wawan96]

course project Defi be a favorite for investors this year as prices rose rapidly, but lately projects Defi less hype because most of the price dropped so drastically and make investors lose their money of course this is a fear for investors to invest again to project Defi.

[Hope4life]

DeFi is nothing new, I think it's the same pattern as the hype of the previous year. It is normal for the hype to disappear at the end of the year, and there will be new hype in the following year. Only a few DeFi projects remain. When the Hype starts to dissipate, people will sell it to avoid more losses.

[syedrasool2011]

Defi loot of scammer in defi project scam project 95% scam project now days NFT project in booming you may try there for good profit Dego finance.

[TERMINO]

Just take precaution on some Defi projects because it's very clear that most of them are not legit, instead, a fly by night project that was only after with our money the proliferation of Defi base tokens nowadays is comparable to the 2017 crypto Bubble that was driven by HYPE.

I agree with you on this. Sometimes it's really hard to tell apart what is a scam and what is legit, but other times it just seems obvious that something is not trustworthy and it's hard to watch that so many scammers still manage to make money on this.

Very necessary to be cautious at all times. Cryptocurrency is a place where you cannot get back your money once lost. Your investment into DeFi must be done with enough evidences that the token you are aiming for is legit. As long as possible do not go with the flow when hype occur. Invest your money into the right product.

[sampoerna]

Why not? Defi is possible booming again. Some Defi tokens are good and possible to improve more. Indeed, we cannot expect for the rising in their prices everytime. There should be a decline and an increase, it is normal as long as the volume or the transaction seems to have no problems. Even Bitcoin has a decline and an increase, Defi tokens are also the same.

[hair]

Defi loot of scammer in defi project scam project 95% scam project now days NFT project in booming you may try there for good profit Dego finance.

I think not all mates, there are some DeFi that are legit and good for investment. Only a few new projects are scam as it is only to cheat. Be careful