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❕NEWS DeFi projects rise at an insane rate over the last year

AudraMiller

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The last year has seen major increases to now only the cryptocurrency users but also the value of the coins, and this is likely because the pandemic has caused many peopel to work from home and to venture into crypto investments and online methods of earning. Defi projects have also seen a major increase, as there is more that 15172% rise in the total value of the locked coins that are in defi projects, over the last year alone. Last month showed that the total value of these coins is around 117 billion dollars. What are your thoughts on this?
 
That's an huge investment to be honest that is about 100% of what some countries monthly wealth so it is not an small amount to be honest
 
The
That's an huge investment to be honest that is about 100% of what some countries monthly wealth so it is not an small amount to be honest
The concern with such a large amount though is that when these contracts expire and if people cash out on their profits then the cryptocurrency market will see a huge price drop that can be hard to recover from.
 
Cryptocurrency have suffered serious decline this year unlike last year. Due to inflation caused by hike in oil price and Russian-Ukraine war, people are struggling to live their life and have no fund to invest. May we prayer that the war in Europe will stop and things move back to normal
 
Cryptocurrency have suffered serious decline this year unlike last year. Due to inflation caused by hike in oil price and Russian-Ukraine war, people are struggling to live their life and have no fund to invest. May we prayer that the war in Europe will stop and things move back to normal
There is a major struggle that is happening all around the world tand therefore the tank that we have seen in the prices of the cryptocurrncy world are not only exlcusiv too the crypto coins but also in terms of the value of certain currencies in different countries and also of the different share prices for someofthese major and massive companies that have seen a major dropin price as well.
 
Defi has been able to provide an improved financial framework leveraging the power of the blockchain. It's better than traditional finance because this is reliable, available and accessible to everyone.
 

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