DeFi now does seem similar to the ICO craziness of 2017, and it's once again ETH that is the coin that sits behind it all, and is once again increasing rapidly. It will be interesting to see how this plays out, as everyone now has 2017 to look back on. Will DeFi become a bubble? Is the ETH 2.0 upgrade a factor to consider, and which might help ETH to maintain a high price without falling back again? Let's see what happens in the next couple of weeks. ETH is at +25% and near $300 for the last 7 days. 2 more weeks at that rate will see ETH at around $470... which could really kickstart some FOMO. We may not have long to wait.
Defi projects may be very similar to ICO but this is definitely a more upgraded version and it seems people are excited about projects like this. I appreciate what is going on these days and this is an opportunity for you to seek profit because this month alone there have been so many Defi projects with very high profits. This will cause ETH price to rise again and the market will soon enter altcoin season.