Re: CMC: Top DeFi Tokens by Market Capitalization

I am starting to scare that so much attention people pay to DEFI coins. There is a lot of excitement now and too many people talk about these coins. when a lot of attention is paid to some kind of coins - scammers coming

Those DeFi projects could be new "ICO fever" because people made a lot of money investing in those projects but when they start dumping it will be bloodbath. I'm not saying that all DeFi projects will fail, but I'm pretty sure that some of them will. Just like with ICOs - some of ICO projects are still alive but a lot of them turn out to be scam to collect money from ICO investors.

I am with you there, the defi trend is growing at the moment. I do think that defi might be a thing in the future but currently there is alot of speculation and a bit fomo in the defi projects market.

DeFi will definitely be a thing in the future. Just like some ICO projects still exist and are successful. But people should be careful when investing, especially in staking coins. There are some that promise to bring high percentage which is unsustainable in the long run. Result will be that project fails or it's price never goes up because of high inflation (due to a lot of new coins generated from staking).