The last month I had another project and wasn't watching the space and it's only today I had time to really focus on it. I figured I would buy into these high rising projects a little today even though chances are they are at their ATH. Are you going to buy into these high rising defi coins now, such as UMA, Kusama, DIA, Ampleforth, Ren, Reserve Rights, and others? Which ones do you think will go higher?
I believe there are some great ones but it is going to take a while for them to go really high. I believe pancakeswap will be really high in the future, their token is Cake and Cake looks to be promising. I am thinking of it like BNB as an example. BNB itself is not a token that means anything at all, it should be zero all by itself (well there are tons of coins that does absolutely nothing and used nowhere but still worth something so I don't know) but when BNB is tied to Binance like it is, it became something because BNB had a meaning and a huge usecase and that's why it became valuable.
Same goes for Cake, it is the number one for all swaps in the binance smart chain and it looks like it is going to corner the market and not allow anyone to get bigger, and gets everyone who wants to use binance smart chain. Thats why I believe Cake will worth something decent in the future.