Quote from: magisterr on Today at 07:59:02 AM

Quote from: posi on July 24, 2020, 01:34:55 PM

Quote from: cryptothreads on July 24, 2020, 12:47:17 PM

Quote from: Mr. R2712 on July 24, 2020, 12:00:33 PM

Most of the smaller DeFi projects already made a 10-50x this year, so I'm expecting this trend to continue well into the future. It also depends if ETH will fix the high gas fees tho..

I have not seen any project of 50x in the past time and only stopped at the highest level of 10x.

I wonder the exact project that experience the x50 said by user Mr. R2712 because the pandemic totally affected every business setting despite the crypto market strength. Besides, the x10 profit is not stable.

Quote from: cryptothreads on July 24, 2020, 12:47:17 PM

I think the current Defi projects are a new investment trend this year but will soon no longer attract investors because it is no different from ICO.

Everything have it own season and I think we're in Defi season but the strategy used by the project team should make the Defi attract investors if they always re-strategies. But, Defi (Decentralized finance) is not the same as ICO (Initial Coin Offering).

Quote from: cryptothreads on July 24, 2020, 12:47:17 PM

In my opinion, the Defi projects will soon be forgotten and there will certainly be hundreds of Defi scam projects appearing in this market in the near future.

You're right cause crypto scammer usually used the idea of new system that captivated investors to catch their prey but not every Defi project will be forgotten.

Elrond made around 50x since its buttom in March (from 5 mln mcap to 320 mln = more than 60x)

After examining the chart of the token I was surprised and feel curious either cause the token performed pretty well by making more than x50 despite the pandemic but it experiences some dump in price August 4th and seems to be clearing out again. However, only large capital traders will make good profit through this kind of token.