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Topic: DeFi "Degens" PUMP Hotdog token | SushiSwap takes on Uniswap | MINING PROFITS UP (Read 105 times)

sr. member
Activity: 1232
Merit: 379
Always learn from the previous or old case.

Big jump with a short time will always have high chance big dump too, so with the recent case the scam DeFi and how easy to fundraising by using DeFi word makes a scammer more active. Better to avoid all DeFi project, there is nothing special at all about DeFi just a same project like Lending on 2017 when they offering a few percentages by staking/lending the coins/token into their platform.
This is the questions that must be asked about the purpose of DeFi projects in the future, I think all investors and traders just engage in it to gain as fast as possible as dump it immediately, I will truly feel the pains newbies will face in their loss trades,
legendary
Activity: 2450
Merit: 1225
Always learn from the previous or old case.

Big jump with a short time will always have high chance big dump too, so with the recent case the scam DeFi and how easy to fundraising by using DeFi word makes a scammer more active. Better to avoid all DeFi project, there is nothing special at all about DeFi just a same project like Lending on 2017 when they offering a few percentages by staking/lending the coins/token into their platform.
hero member
Activity: 2240
Merit: 953
Temporary forum vacation
Hotdog, yams,,, sushi,,, will we ever learn or will we just continue to pump and pump (and then dump?). Think about it, you can maybe earn10% apy but the price goes up 4000% is this not the definition of bubble?
sr. member
Activity: 1414
Merit: 487
YouTube.com/VoskCoin
Decentralized Finance aka DeFi continues with crazy tokens launching and pumping 4000%?! Bitcoin and Ethereum mining profits are up BIG! SushiSwap the new UniSwap?! Subscribe to VoskCoin - http://voskco.in/Sub

https://www.youtube.com/watch?v=7cj-zER1fQg


The DeFi Degens are at it again! New DeFi tokens with insane ROI are appearing, all based around emojis and memes, some how people are making millions of dollars doing this. Yield farming is a real thing right now, and its insanely risky but potentially insanely rewarding. Hotdog token was launched and returned 4000% for some, while others lost their entire investments. Uniswap is doing more volume than Coinbase, that's again, insane! Sushiswap has appeared to challenge Uniswap for some of this DeFi yield farming pump it dump it market share. Will DeFi replace centralized finance CeFi? Some people think DeFi will be more successful if it was wrapped inside of CeFi. Bitcoin mining revenue is very high, BTC mining is super profitable. Ethereum mining revenue is extremely high, largely thanks to the transaction fees being very high on ETH's network all because of the DeFi craze going on right now!

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