Post
Topic
Board Speculation (Altcoins)
Re: The Rise of DeFi — A Temporary Threat to Major Coins?
by
carlfebz2
on 25/07/2020, 20:38:25 UTC
Recently, there is a massive surge of interest in DeFi, and you can see so many DeFi projects booming, like Aave and Compound. I was just wondering if this phenomenon will trigger a temporary downward movement in major market cap coins. For the past week, we are able to see that major cap coins are very stable within a set of price range, showing a lack of public interest in them. My belief is that the capital will move from top coins to DeFi tokens.

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?

Massive surge of interest? Where the heck you do get this thing?

We know that DeFi projects do exist but it did really get that much attention for you to tell that Bitcoin would gonna plunge? We shouldnt really have that kind of dream.  Grin

If these DeFi projects would able to do so then they would surely need to pass first the test of time.