Sure, we have good DeFi project, but there is still high risks. For example, yEarn Finance token YFI already worth 19 130$, higher than bitcoin. The coin was issued on July 18, 2020 and started with $35. A month later, on August 18, its price had already reached $12,800, overtaking bitcoin. Today, the token has reached a price peak in the area above $19,000. In a month and a half, YFI rose by 50,000%. A coin that is only a month old is already so incredibly expensive, I could certainly be wrong, but this is the last coin I would invest in, too loud to call it a bubble, but it can't be anything else. Such a young project simply physically can't create such a real value in such a short period of time, this price is conditioned by faith in further growth, not by project development.
But what kind of volume that coin had? It is very easy to create a coin that technically has a higher price than bitcoin, but if it has no volume and no one is buying it or selling it then that coin is worthless despite the apparent huge price, the second aspect is the market cap, what market cap it had? Once again it is easy to claim that one coin has surpassed bitcoin when it comes to its price but if its market cap is minuscule then it is all an illusion to try to lure inexpert investors and maybe it could be even a scam.