We are in the DeFi projects session, right? I'm very curious to know how new projects realize that this is the time for DeFi projects. One legit project can build a coin in a few days. So many projects have focused on the DeFi system. My question is, are these projects legit or is it just a plan to grab the investors' money on this DeFi hype?
I've come to know that in the cryptocurrency industry, we have a flux of projects and they come with the trend. I remember we once had the deflationary tokens as the new trend and several persons were joining the hype. I believe it's the season for defi projects now and after this we would have several others. One really needs to be very careful to avoid the risks involved in these trends.