Since DeFi is now the trend in the crypto space, and lots of people are speculating for the plunge in Bitcoin and other top cap coins, do you guys believe we are going to see a downward movement in the coins?
That is definitely not. The top altcoins are said to be good long-term investment goals and it still works very well. certainly the money will be more different and inclined towards defi altcoins, the obsolete altcoins will be more likely to be expelled from the market. That's why thousands of coins are removed from the market every year for not catching up with the trend.
In the last few weeks a lot of old coins are starting to add the name Defi to their projects and this is a way to make the value increase very high in a short time. I think this trend is becoming more and more popular so you should also be careful and avoid Fomo because the risk can still happen at any time. I think Defi will be a temporary investment trend and will soon be forgotten by the end of this year.