when there is a good project like this it feels very unlikely if the price collapses, but when there is no support at all there are no investors who enter and buy the DeFi project it will also make the price collapse, because the price movements of all cryptocurrencies that exist depend on the interaction between buyers and seller at the exchange.
The price of the coin depends upon market players. However, the action take place when there is a good new or catalyst of the coin. It will never be pumped unless there is a PnD in that coin or the chart looks good. When a certain coin collapse, it probably made a mistake under its development or the mainnet has delays. The market is really based in fundamentals. Because only catalyst pushes the price of a coin.