Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Delgboke on January 23, 2021, 09:48:14 AM
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In the year 2018 many crypto currency project were developed and also listed in the crypto market but are still struggling to gain value, it has been a thing o concern that new era in the crypto industry has just surfaced which is called Defi and this technology is growing bigger on daily basis more than the first existing crypto project.what could you say is the main reason behind this move in the Defi project?
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DeFi projects are developing faster in my opinion because their tokens are quickly bought up, since they can really bring huge profits in a few days.
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Because in 2020 there was a HYIP defi project, in an analogy with HYIP 2017. This is a new direction in the crypto community and all these projects grew very quickly by 200-500% and everyone saw it and was in a hurry to make money on it
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Cryptocurrency prides itself to be highly anonymous and secured…but in order to buy Cryptocurrency you needed to go through an exchange. A centralized exchange which has knowledge of your identity and the assets bought. An exchange which must abide by central government and banking rules which Cryptocurrencies try to abolish.
The creation of Decentralized finance and Decentralized Exchanges solves this problem. It also enabled greater adaptation of Cryptocurrency by the general public which will push the value of many coins upwards.
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I think deFi projects are more developing and growing faster. Now DeFi has excellent project under the cryptocurrency. DeFi Coins has too early listed in very good exchanger. Now DeFi has one of the most popular coin has polkadot.
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Because 2020 was the year of Defai projects, there has been a very fast hype in the development of projects dealing with decentralized finance in the same way since 2017, when IKO was trained, in 2021 this trend began to decline
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I believe that all the excitement in the market for DeFi projects is primarily related to their ability to provide users with super profits. Perhaps 2020 is a shining example of when DeFi projects brought in hundreds or thousands of percent of profit.
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DeFi projects are developing faster in my opinion because their tokens are quickly bought up, since they can really bring huge profits in a few days.
It should be properly says as Defi is progressing but some at decreasing rate. Majority has die while some are still trying to survive while and few are performing better. Projects like uniswap, sushi are performing better despite the sell pressure in the past.
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Defi projects are spreading its popularity throughout the world cryptocurrency market because it's supply limited and token sale completed in uniswap and listing exchanges also decentralised. So it's price can't be dumped.
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Chainlink and Uniswap IMO...
Chainlink and Uniswap are DeFi projects that are growing very fast in recent years, see how the price of chainlink and uni keeps increasing every day.
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I think deFi projects are more developing and growing faster. Now DeFi has excellent project under the cryptocurrency. DeFi Coins has too early listed in very good exchanger. Now DeFi has one of the most popular coin has polkadot.
Indeed, defi projects enter the market very quickly and almost all investors really like projects that have entered the market so that investors get profits, very different from ICOs that are slow to enter the market
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People are more into defi because it brings quicker or short term profit than most normal project, it is all about making good profit at the end, most people just invest into anything that has the tag defi it doesn't matter what the concept of the project, everyone wants to see a good pump.
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DeFi is now very good projects under the cryptocurrency. You can say why is that DeFi projects growing faster. I think there are Many reason to growing this project. Now this project has very good investment site in the cryptocurrency. Already numbers of good projects released to DeFi. DeFi has one of the most problem is scammers. But now this project amazing. I hope this project more developed in future.
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DeFI projects are becoming more popular and favourites due to Decentralized exchange uniswap because it's price can't dumped . Uniswap a liquid pools based exchange withdraw sell and buy orders.
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Poolz is one of the hottest defi project out there - if not the hottest, just few days ago poolz token sale was launch on uniswap, i started to pay attention to the price around $6 but after just few days the price is $20 as at today, investors of this project must be extremely happy with the pump, this is a huge profit for them to be honest.
if you are able to find a good defi project, the return of investment in short term is always fascinating 8)
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DeFi projects are developing faster in my opinion because their tokens are quickly bought up, since they can really bring huge profits in a few days.
Defi projects quickly growing fast because people are involving themselves with decentralised finance due to quickly bought up and supplies are very limited. I think limited supply and uniswap ieo the plus points of quickly growing fast.
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Since 2018, many cryptocurrency projects have been developed in the cryptocurrency market. The Defy Project gained the most popularity after the release of many cryptocurrencies. It started speculating about everyone after the hope in the market. Everyone thinks it will go to a better stage in the future.
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Many coins have already arrived in the cryptocurrency market. But Defy is at the highest level. Everyone is very curious about this coin. Everyone thinks that it will be in a good condition like bitcoin in the future.
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People are preferring themselves DeFI projects because DeFI projects are now widely successful and most of the investors getting More benefits than others projects. So every investos wants to invest in DeFI projects instead of others projects.
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Poolz is one of the hottest defi project out there - if not the hottest, just few days ago poolz .price is $20 as at today, investors of this project must be extremely happy with the pump.Now DeFi has one of the most popular coin has polkadot.
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It is because Decentralized Finance is necessary in every day life of the people in the world. Those who embrace crypto and looking for more convenient life than ever they will try to use DeFi tokens. The tokens will pump more specially when the time comes where the people are aware about the DeFi big projects.
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Once again defi start bull run in the crypto currency market. Most of the Defi projects make good profit and they are very much trusted to the investor. I think it will be a good seasons for defi projects.
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Of the projects that are at war in 2018, most of the projects were scams. However, the current projects are much more successful. DeFi is one of them. Decentralized finance services have spread around the world. In the future, DeFi projects will attract more people. But we have to wait for a long time.
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Of the projects that are at war in 2018, most of the projects were scams. However, the current projects are much more successful. DeFi is one of them. Decentralized finance services have spread around the world. In the future, DeFi projects will attract more people. But we have to wait for a long time.
In any case, we are still at the very beginning of the development of the cryptocurrency market and society is just beginning to develop to learn and learn how to use cryptocurrencies. The situation is mainly changed today by attracting big business and institutional capital to the cryptocurrency market, which increases the chances of success for all promising cryptocurrencies, including DeFi projects.