I think DEFI already has its big move, and from my observation, this bull run could make old community coins shine again.
If you remember, in the past, there are Raven, Digibyte, Bitshares, etc., ups they already pumped.
*Not financial advice, DYOR & DWYOR
Yes the old coins will shine better than hype DEFI project. DeFI right now is like early stage of ICO where many investors earn a lot in early days of it , it will also lost its value in long term after many people taking profit in it and they will back again to old coins that has more use cases than this new DEFI project. I don't say they will failed its just too early for them to have that daily volume or increase in their price without proven anything in crypto space.
And for the LINk I heard that 1% of wallet owner own 80% of the supply thats the reason I guess thats why its easy to pump because it is more in favor to more holders as long they will not sell it has a potential to grow.