Post
Topic
Board Speculation (Altcoins)
Re: Do you think DeFi season is going to be just like Altcoin season?
by
leea-1334
on 22/01/2021, 14:36:52 UTC
yes  for sure, market is growing and hyping so i also see a lot of strange defi concepts(( but still, i pay my attention to the interesting and credible dex projects, with nice liquidity partners
Currently some markets are not growing, but it is not predictable even though some of the Dex projects are still holding good positions and some strange defi concepts are still holding out in their current conditions.

DEX really relies so so much on people using it and continuing to like it. The chicken and egg problem persists in DEX: people do not use it because there is too little liquidity, and there is too little liquidity because people do not use it. So I feel like people must have other advantages for using Dex,,, maybe this is the future of DEX being a part of some other main utility.