Post
Topic
Board Altcoin Discussion
Re: CMC: Top DeFi Tokens by Market Capitalization
by
target
on 14/09/2020, 18:35:16 UTC
Coinmarketcap now has a display for DeFi Tokens by Market Capitalization.

(https://coinmarketcap.com/defi/)

It's just how they define tokens to be DeFi though, And do you think it's a complete list or something is missing? I think this is great though, specially for those who are not familiar with this new hype is crypto market, so good job CZ (although sometimes I think he is becoming too powerful!).
Yeah Defi Got the Hype and most of the projects and coins that connected with this are making their way to the top.
and not just growing but unbelievable growth.
Some are hyping a thousand percentage things that i admit i am a little bitter because i did not even invest to go with the flow.
anyway this is near to end and coins will subside in prices in the nearest time.
Now, the YFI token with a capitalization of $ 1.22 billion and an incredible price of $ 40,719 has risen to the twentieth position in the CoinMarketCap table. I am very interested in what will happen to the price of this token next. In my opinion, such a high price is very inconvenient for walking. In addition, I do not believe that such a high price of this token can last for a long time. I wonder if YFI has a finer division like Satoshi in Bitcoin? At that price, it would be very logical.

I couldn't help of being paranoid of what could happen. Things are not healthy anymore because it looks like the bitcoin and ETH holders are lured to dive into these DEFI projects inorder for them to send it to these high performing DEFI tokens such as the Y ones. For the weak holders who want to take a bite of the profitting bullrun of the tokens, they will use their BTC and ETH to buy YFI tokens which in the end losing their BTC.