Post
Topic
Board Altcoin Discussion
Re: DeFi - the niche within a niche and incredibly small community
by
Jating
on 08/08/2020, 12:23:20 UTC
Most DeFi tokens are concentrated in hands of Top 500 Holders!   https://cointelegraph.com/news/analysis-most-defi-tokens-are-concentrated-in-hands-of-top-500-holders

If that is true, DeFi is like a sandbox game, with a very limited amount of players actually playing. Observing this from outside the crypto bubble it´s concerning that DeFi, while a good idea and worth investing, has such a small holders community.

Could that be a problem in the long run?


I don't think it will be a problem in the long run, on the contrary we may barely scratch the surface of this niche. And I'm sure as time goes by, this market will be huge, just like we have seen already, billion dollars flowing inside the market.

So we may just see the beginning, as I have said this is the beginning and we might see a big growth at the end of the year and there will be a lot of holders for sure. Although we may seeing what the future holds, similar to IEO of 2017, it is forming a big bubble now.