I've seen a lot of old projects that changed the concept to Defi. To me this isn't great because obviously they are using the hype just to revive their project.
someone is crazy about Hype Defi! It's a red light for you, be careful before you cry get caught up in this FOMO.
We're on the phase 2 of hype for projects. Before we had icos and now we had the defis. See, the hype comes when the price rises and people's interest are the same.
And that is to get in while the place is on hype and people are putting pressure to the market because of the price pumps. We had significant market cap increase and it's going to be another blow for defi investors, they had to be careful. While us, the bitcoin holders and investors, will just sit and watch how they'll go.