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?
What about the Hotdog project?you should tell us here what happen on this ,But checking what are those i found this
https://coinmarketcap.com/headlines/news/4000-to-1-in-5-minutes-defi-hotdog-and-pizza-present-free-fall-on-their-first-day/Looks like these Whole Defi thing is a Scam?or there might be some that legit and not totally making BS for the investors though it is hard
to distinguish until it happens.
Let us just take 1 step forward against these scams,for our own safeties guys.