What do you guys think about the recent trends in Defi and its impact on the altcoin market?
Well, In my opinion, DeFi still has some potential as there are many defi projects worthy of joining even at the current price, for example, AVAX, Link, Uni, ICP, etc., etc. (Note: it's not investing advice, so avoid and DYO). Every Narrative has its own time and in my opinion, defi has just started its, AVAX Link, and the ones I mentioned are already up and they will go up more.
There are many new DeFi projects like INJ and JUP etc. but I doubt they have any potential because they are driven by Solana airdrops that's why I think when the airdrop hype decreases the potential of these coins to grow will also decrease. I am waiting for another narrative at the moment.