Post
Topic
Board Speculation (Altcoins)
Re: The Rise of DeFi — A Temporary Threat to Major Coins?
by
Ceyflix-Rez
on 16/08/2020, 07:10:09 UTC
Recently, there is a massive surge of interest in DeFi, and you can see so many DeFi projects booming, like Aave and Compound. I was just wondering if this phenomenon will trigger a temporary downward movement in major market cap coins. For the past week, we are able to see that major cap coins are very stable within a set of price range, showing a lack of public interest in them. My belief is that the capital will move from top coins to DeFi tokens.

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?
Top cap coins aren't going down, people are just wishing for something that can never happen, DeFi is taking over but as time goes on only very few DeFi projects like chainlink will remain the same, fake Hypes is presently making unworthy projects looks worthy