With projects like Hotdog coin and the likes doing the rounds, the whole DeFi craze is beginning to look and smell a lot like the ICO bubble a few years ago. Although, i feel that their own acceptance of how ridiculous and scammy it all is is ironically adding to their appeal.
Why do you think this is happening?
No bro, the Defi projects are more ridiculous than the ico bubble, at least during that time they were more sensible project name and concept than what we have in today's Defi trends, all you see this days is yam, sushi and probably egg soon enough, everyone just come up with crap and tag it as DeFi and expect people don't invest, and of course some people will always invest without thinking of the consequences.