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.
Yes it is a big red flag for a project to change their concept to Defi just to follow up with the hype which of course is not to revive their project but for the team to make money. That means that, investors should be careful of old projects chasing after Defi hype in addition to most new Defi projects coming up nowadays. Furthermore, although people will ignore because they are after profits but it is still good to point out the truth, let everyone make their own choices.