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
The price drop don't mean that the project has gone fall. The defi project DIA has done well so far and they are planning how they can do better in future .The project is good enough so the price drop is nothing its usual behave of market .It can pass the ATH level within a second,
I hope you were right but lots of projects like this didn't last long since most of them is just a part of pump and dump. So far the price of DIA stays as if it was affected with the recent drop of Bitcoin but that was too soon to drop though. I smell something like this has happened beforeI really hope you were right though, since my guts tells me something.
We do really have that doubts since we have seen the market in the past when we do still facing off with that ICO project hypes where they do just simply
pump and dump which do leave out those investors in the air.We cant make any conclusions to a project if it would be on the floor since it would really
pass or do need to take the test of time neither it would sustain or not.For now we can presume out that its likely to go into the same path on where projects
do pump and then dump when the hype is gone.