Don't know what is happening at this moment. Most of defi project lost their value incredibly. Especially for dia data, the recently successful defi token, launched IEO a months ago. Then it was start increasing incredibly, ATH around at $5.13 Sep 02, 2020 (3 days ago) but its only $2.09 today Sep 05, 2020. Just decrease more than half of its value within 48hours when it added binance exchange mainwhile
Isnt these things still surprising? Whenever a project do rose up its price into a unbelievable manner then expect that it would be likely to go down into the same manner.
Just like into those good ICO days where everything is hyping and now we do have this DeFi and it would really be just on the same manner. Project can shoot up its price
and when you do get yourself into a Fomo then expect you would really be ending up on holding a shitty token or project.
This doesnt only imply on DIA but all of DeFi project would go into the same path.
The name has just change but it has the same characteristic so I believe this DeFi thing will be the new ICO and so far this is been newly used by scammers so we shouldn't let ourselves to get hype as you said since they will totally messed up in the long run. And I'm not buying those new things since I'd rather trade the old coins than engaging with those new around.