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Author Topic: Defi Tokens Rally  (Read 9260 times)

Offline syedrasool2011

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Re: Defi Tokens Rally
« Reply #30 on: September 22, 2020, 10:01:55 AM »
Yes sir it pumps but it will dump to much faster then pump be carefull from defi coins you will rich and also risk is also in defi coins you will come to road hope you understand.
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Re: Defi Tokens Rally
« Reply #30 on: September 22, 2020, 10:01:55 AM »

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Re: Defi Tokens Rally
« Reply #31 on: September 23, 2020, 02:15:05 PM »
I don't know why until now I still hesitate to invest in new coins. although there are indeed many good track records regarding this coin, I still need time to convince myself that I want to invest in this coin.
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Re: Defi Tokens Rally
« Reply #31 on: September 23, 2020, 02:15:05 PM »

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Offline Jaephoenix

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Re: Defi Tokens Rally
« Reply #32 on: September 23, 2020, 02:38:58 PM »
DeFi is the way to go in cryptocurrency and its a new niche which is good and forward. So the price would ultimately increase in time, since it is viable
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Re: Defi Tokens Rally
« Reply #33 on: September 23, 2020, 07:41:19 PM »
Everything about DeFi is like another hype. I do not underestimate about the DeFi projects because some of them really give very great progress and also projects., But, there is a hug increasing project of DeFi that is offered. So, will it be okay? or like previous ICO or IEO hype? just be sure that we do not only follow the hype but also the analysis.

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Re: Defi Tokens Rally
« Reply #34 on: September 23, 2020, 08:55:25 PM »
From the very beginning, if I knew that this cryptocurrency would rise so much in price, then of course from the very beginning I would try to invest in this cryptocurrency, but now at such price it is too late to do something, so it is better to invest in other DeFi cryptocurrencies.
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Offline jet

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Re: Defi Tokens Rally
« Reply #35 on: September 23, 2020, 09:43:28 PM »
defi hype really attracting new investors to invest on their project. specific to YFI I will not waste my money on it now because price is too high and investing maybe too risky .  there are many defi project right now so I better move my interest to this coins because it might be next to YFI hype in the future.
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Re: Defi Tokens Rally
« Reply #36 on: September 24, 2020, 03:51:37 PM »
If it is about DeFi, especially YFI, it will be very sur[prisng to see the chart of the price rate. The increase of the coin is very awesome passing BTC so easily. However the question is can they maintain the rally? Or can they survive much longer again?
It will be interesting that something bigger may come or make the rally stops or continues significantly.

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Re: Defi Tokens Rally
« Reply #36 on: September 24, 2020, 03:51:37 PM »


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Re: Defi Tokens Rally
« Reply #37 on: September 30, 2020, 06:07:37 PM »
From the very beginning, if I knew that this cryptocurrency would rise so much in price, then of course from the very beginning I would try to invest in this cryptocurrency, but now at such price it is too late to do something, so it is better to invest in other DeFi cryptocurrencies.
Most likely, this is the right decision. Some DeFi tokens, like YFI, are overblown in value. Even the team members of this token say it has no significant value. Therefore, you need to be especially careful with misused DeFi projects.
DeFi projects are a new direction in the development of cryptocurrency, however, the hype around them does not allow us to really assess their prospects and determine the market price.

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Re: Defi Tokens Rally
« Reply #38 on: September 30, 2020, 06:56:59 PM »
At this point in time, I feel like I'm missing another hype. I also missed the growth of bitcoin and decided to invest in it at the very top in 2017. I'm afraid to invest in DeFi,thinking I'll lose it again and it's too late.

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Re: Defi Tokens Rally
« Reply #39 on: September 30, 2020, 07:02:48 PM »
In fact, at the rate at which DeFi first began to rise in price, it seemed that in a few days it would surpass 50 50,000.  But the price did not increase to 43k + dollar.  However, it is not possible to say what will happen in the future.  If prices rise in the YFI front, it will skyrocket.  And if it goes down, it will go down a lot.
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Re: Defi Tokens Rally
« Reply #40 on: September 30, 2020, 07:25:33 PM »
Yearn.finance gains 9.18% within the last 24hrs.So are you thinking to invest in it?
At the beginning of DeFi, the projects were successful in such a way that DeFi would be the market capitalization. But at present the price of defi coin has started to go down. Early reigns began, the value of coins that could not be imagined. So I think defi projectors should be priced. YFI prices should be maintained. But prices are falling. The market will change, that's normal.

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Re: Defi Tokens Rally
« Reply #41 on: September 30, 2020, 10:52:46 PM »
All systems are used to improve crypto and that is very encouraging because we know that the crypto market is uncertain so it needs updating but the problem is that every new system appears, irresponsible people roam around looking for opportunities to make instant profits. And this is what happens in crypto every time a system update appears and it can't be eliminated because it's a parasite that hinders the movement for change.
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Offline Astra

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Re: Defi Tokens Rally
« Reply #42 on: October 02, 2020, 06:10:41 AM »
In fact, at the rate at which DeFi first began to rise in price, it seemed that in a few days it would surpass 50 50,000.  But the price did not increase to 43k + dollar.  However, it is not possible to say what will happen in the future.  If prices rise in the YFI front, it will skyrocket.  And if it goes down, it will go down a lot.
Now the price of the YFI token has dropped to $ 22,802.  It dropped to 29th position in the CoinMarketCap table because its capitalization dropped to $ 683 million, although it was just over a billion dollars recently.  I think this is quite normal, since the YFI token does not represent significant value.  This is only a management token, its price cannot be so cosmic.  The project was too bloated, now it is bouncing back.

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Re: Defi Tokens Rally
« Reply #43 on: October 08, 2020, 09:33:29 AM »
Everything about DeFi is like another hype. I do not underestimate about the DeFi projects because some of them really give very great progress and also projects., But, there is a hug increasing project of DeFi that is offered. So, will it be okay? or like previous ICO or IEO hype? just be sure that we do not only follow the hype but also the analysis.

I agree that it's important to not just follow the hype but be smart about it. I too am a little wary about it all, I don't know if this constant influx of new coins is sustainable, especially with the scams that pop their heads up from time to time.
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Re: Defi Tokens Rally
« Reply #44 on: October 08, 2020, 10:36:44 AM »
The Hype is already subsided thats why there's no more Defi token rally anymore, in fact, most of Defi tokens price is slowly going down lately including YFI, UNI, DIA and some other, I believe its because the investors are slowly moving out in some Defi tokens after some investors posted their huge losses in social media platforms particularly in twitter I strongly believe that the risk is high in all Defi projects compare to the existing cryptocurrencies, like BTC, ETH, LTC, and other top-ranking coins.

 

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