Post
Topic
Board Altcoin Discussion
Re: Future of tokens like Uniswap, Pancakeswap, Sushiswap, Apeswap?
by
Weawant
on 07/04/2023, 08:45:31 UTC
With collapses of Terra, DeFi 2.0 model shows their weakness and do you think those tokens will be recover to their all time highs in 2024 bull run?

I don't think they'll all recover, you mentioned five and my prediction will be two out of those five will recover fully and they're pancakeswap and uniswap. The rest are just a replicate of this two giants and without the Defi hype coming back they can' survive.

But the rest will need there to be another Defi hype in the next bull market for them to recover fully. Every bull market comes with its own hype so the attention will be shifted next bull market.

I see lots of layer 2 projects coming up recently and I feel there'll be a hype on this projects with polygon and arbitrum leading the way. We also have AI trend still yet to hit its highest potential and I think we'll see that in the next bull market.