Quote from: carlisle1 on October 05, 2020, 03:22:56 AM

Quote from: Francis Freeman on October 05, 2020, 02:44:03 AM

Quote from: South Park on October 04, 2020, 05:33:06 PM

Quote from: Tahid12 on September 05, 2020, 12:21:45 PM

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.

Dia data seems to be a legitimate project which is trying to penetrate the Oracle space in blockchain but I feel that projects now are overvalued because of the bull run and people are just booking their profits.

just the run of defi projects and not Bullrun is what happens.

Dia seems to be overhyped but this currency has a good potential in future,maybe this is not about the hyping but about the goodness of the projects.
there is a best chance for some defi coins but not all of them will survive and that is sad news for those who invested and wanted to keep holding.

I agree with you saying DIA is overhyped, in fact all DeFi projects seem to be overhyped. So it is only natural that all DeFi projects
are currently experiencing a downfall, including DIA whose price continues to decline. But it doesn't mean that all DeFi projects are
bad, because I believe DIA is one of those DeFi that has good potential. So I am sure DIA will rise again soon, we just need to be
patient and wait until DIA price can go up again.