I already can't count how many defi projects were released today. I think most of the projects released are defi projects. and the coins coming from that project will just be shitcoins. If you still believe in defi and keep investing in such projects, my advice is to skip projects with the name SAFE or MOON. projects using that name are just shit. plagiarism project with a very big total supply. You will regret believing in such a project.
It's not true for defi projects only, its true for almost all projects. Almost 99% of the projects that you are seeing are shit projects. They are just clone of another with no new use case. All they do is create a hype, attract idiots and then scam them. Sadly people still fall for those shit project despite hearing warnings from others. Some do it on purpose hoping they might get lucky and make a fortune.