Quote from: chanc3r on September 03, 2020, 04:18:25 PM

Quote from: noorammak on September 03, 2020, 04:02:31 PM

Such a drop is still very little compared to some other coins, almost all cryptocurrencies drop in price. This morning HOTDOG a token of DEFI farming has been discounted 5000% from $ 500 to $ 1. I have noticed a lot of scams lately from DEFI projects. I urge everyone to be careful.

It's still a lot. it was also going down from $12 to the $6 just in a day. I can't even call that as a small drop when it's more than 50% drop in a day.

HOTDOG was the same as walnut, Noodle, and many more scam fake defi.

There was another coin called yuno that has already dropped from $7 as ATH to the 20 cents in less than a week. This crazy trend will end very soon with the come of scam defi to the market and investors will be feeling tired with it.

Not all DEFI projects with anonymous developers are bad, but most projects with anonymous developers are scams. The name DEFI is used in their projects and is misleading.
Projects that begin with the letter Y claim to be a branch of yearn.finance. It sounds intriguing, but most of them are impersonations.
Despite being listed on Binance, Sushiswap is still a high-risk project.