Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Lenipiw on September 01, 2020, 07:05:56 PM
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The crypto space knows how big bubbles can grow. The decentralized finance, or DeFi, movement in crypto has grown explosively over the past several months, according to data compiled by Twitter analyst, Ceteris Paribus.
Data from May, June, July and August showed DeFi crypto assets have surged in price, on average, 42.9%, 56%, 60.5% and 168.4% respectively — massive monthly gains for any asset class, according to a chart posted in an Aug. 31 tweet by Paribus.
Visit Here: https://cointelegraph.com/news/defi-bubble-still-growing-fast-data-from-twitter-analyst-shows
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I like what Vitalik says about DeFi cause I mean he is the creator of Ethereum after all. https://cointelegraph.com/news/vitalik-buterin-compares-defi-tokenomics-to-the-fed-s-money-printer
Vitalik Buterin compares DeFi tokenomics to the Fed’s money printer
My bank savings interest keeps dropping so I bought a little more ETH just a tiny bit
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The DeFi is a 100% bubble, there is no value behind most of the DeFi projects right now, the fall of the YAM token and rocket of the YFI clearly shows that there is no logic behind DeFi market, the only logic is - buy all DeFi tokens you can, because they will grow high, why they will grow? - Because they are DeFi.