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
It was completely natural if you ask me that this happened, the DeFi bubble cannot be maintained as people that invested before it were already happy with their profits and began to sell their coins, for a time everything was well but as scammers have taken over the market as they do to almost any other people have began losing faith in those projects and the bubble could not be maintained anymore and then the bubble burst as bubbles always do, i just hope you did not lost money and if you did that at least it was something manageable.
Making yourself smart with some mix or sort of luck then you would really make out some good money into this hype or bubble but if you do trust too much and letting yourself too confident that this will last then you're definitely wrong and this will result into loss instead.This isnt something different with ICO hype yet everytime theres a trend then its normal that it would create some noise and when correction do happens then expect for plunge of price on most defi project and the funds will flow back into those traditional coins that we had ex. Bitcoin and top alts.This had been always the norm and as a crypto investor then we should really be wise
on making up decisions and dont let yourself do fall in greed.