List of Defi Projects That Have a Price of More Than $10 000 - page 2.

20kevin20

legendary

Activity: 1134

Merit: 1598

Except YFI which seems an overexaggerated hype imo, all the others have BTC in their name and similar prices. Wonder why

They're alts sitting on other blockchain and pegged to BTC's price. In other words, fake Bitcoins. This is why their prices are higher than $10k. There are alts out there such as 42-Coin (and I think there's a coin purposed for adult stuff as well) that has an even higher price point than that. However, price just doesn't mean anything if the said coins are useless, centralized or both.

FaucetKING

sr. member

Activity: 1246

Merit: 306

I'm thinking that peoples are driven to Defi tokens because of the hype, new things really attracts the eyes of investors and especially "dumb" ones because this type has the funds to play with. I don't see anything special about them but the pumps are really huge. I'm staying out of the game even if they stayed solid and continued growing, i'm not ready to risk anything.

TravelMug

hero member

Activity: 2632

Merit: 833

It doesn't matter, just pure hype, look at the trading volumes and that will tell you the whole picture. Bitcoin is still trading way above any of those Defi's.

And no offense to those who love Defi, but almost everyone shares the same opinion that it is like the IEO bubble of 2017, and we all know how it ended, just saying.

AzamNurWahid

member

Activity: 658

Merit: 20

I also sometimes feel confused, why the Defi project can have a price above Bitcoin and Ethereum? Does someone know the reason why?
Below is a list of Defi projects that have a price tag of over $10 000

# yearn.finance
# Wrapped Bitcoin
# pTokens BTC
# PieDAO BTC++
# sBTC
# renBTC

Topic: List of Defi Projects That Have a Price of More Than $10 000 - page 2. (Read 221 times)