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?
How can it be a threat when they are chained in the top coins in the market and besides they are contributing and they have their own set of rules and algo very much apart from other Crypto they just bring something new to the table to strengthen the industry and make it acceptable to other institutions.
I think that when we are seeing some major coins and they have no utility usage and I can try to take how EOS has already failed to become the next ethereum and some NEW defi coins have a better implementation.
Defi can be a threat for any coins for sure even for its chain that being used to build the defi too.