Post
Topic
Board Altcoin Discussion
Re: Future of tokens like Uniswap, Pancakeswap, Sushiswap, Apeswap?
by
Strongkored
on 10/04/2023, 04:42:10 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 doubt these coins will be able to surpass their highs in 2021, on average these coins have lost 80% more than their last ATH, and I think what happened in 2021 to these coins was the hype that caused them to be overpriced so that in -the next year will only be profitable for early investors and those who buy now, but those who bought at the highs will be stuck there, and it is best to sell at a loss, rather than money sitting around making nothing in the long run