Ninjastic
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Board Altcoin Discussion
Re: DeFi hyip is over?
by
istiak2277
on 06/11/2020, 09:42:28 UTC
Quote from: umbara ardian on Today at 09:23:43 AM
Quote from: Renampun on Today at 09:06:35 AM
Quote from: TanakabZX on Today at 08:57:02 AM
The only DeFi project that's still standing strong is ChainLink, every others are down in value, the only thing to look up to right now is bullrun season, bitcoin movement lately is very confusing, can't help but believe that altcoin season is coming, hopefully this will come true
not just Chainlink, it looks like AAVE is still survived out...
It seems that when the Bitcoin price was bullish, the DeFi project began to be forgotten, but not all DeFi projects experienced drastic price drops. HYPE DeFi is over and is highly recommended for those who have their tokens to switch to Bitcoin or other Altcoins.
Defi projects are getting their own hype to keep it forgotten, BTC increases in price i see altcoins also going up but not with Defi projects, maybe during the time defi-labeled projects will work less, this can be understood as the process of selecting and rejecting poor quality projects, until then we will have defi projects operating in the most complete and proper role.


I have also noticed it. When BTC is pumping and other alts too DeFi market is not moving significantly. I do not know what will be the reason. People's moving their funds from the DeFi project or there are other reasons? But I am sure this will kick out many garbage projects from the current DeFi world and an only strong one will survive.