Post
Topic
Board Altcoin Discussion
Re: DeFi - the niche within a niche and incredibly small community
by
foxy
on 09/08/2020, 09:15:12 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 think DeFi is still fairly new inside crypto-space and as time passes it will get into more and more wallets but, till then DeFi market would be a little bit volatile and we should be careful while trading. I always use SL on my DeFi trades.