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?
Depends on the tokenomics. Some of those projects have 50-100% annual inflation. Means that some of them can reach new level of adoption, ATH in volumes, ATH in marketcap and still not even being close to price ATH.
As for the dex tokens in general, I believe that in 2021 it was a novelty and hence such spectacular gains. Even though the technology has aged a bit, I am still positive and in my opinion the returns on investment in good DEXs will be greater than the whole crypto market in general. The only thing that can threaten this is the attacks of regulators on altcoins.
