Post
Topic
Board Altcoin Discussion
Re: DeFi - the niche within a niche and incredibly small community
by
TheClownSong
on 23/09/2020, 06:56:46 UTC
Most DeFi tokens are concentrated in hands of Top 500 Holders!   https://cointelegraph.com/news/analysis-most-defi-tokens-are-concentrated-in-hands-of-top-500-holders

If that is true, DeFi is like a sandbox game, with a very limited amount of players actually playing. Observing this from outside the crypto bubble it´s concerning that DeFi, while a good idea and worth investing, has such a small holders community.

Could that be a problem in the long run?


It could be a problem in the future if prices rise high and are then abandoned by investors so that prices fall by up to 90% from the highest price. This will leave new trauma for new investors as people will think that DeFi is trending for a moment and the cryptocurrency market is like a market that can make a loss.