Welcome to this week’s edition of the RHIZOME Wire! Apples and Oranges It’s becoming more and more clear that DeFi protocols are becoming the “new” thing in crypto (although “new” may not be the most appropriate adjective, as many have been around for quite awhile). While not fully analogous to the ICO boom of 2017 (at least not yet), the price momentum behind DeFi tokens is starting to raise eyebrows. Unfortunately, it’s also raising poor comparisons.
The growing DeFi wave
The growing DeFi wave
The growing DeFi wave
Welcome to this week’s edition of the RHIZOME Wire! Apples and Oranges It’s becoming more and more clear that DeFi protocols are becoming the “new” thing in crypto (although “new” may not be the most appropriate adjective, as many have been around for quite awhile). While not fully analogous to the ICO boom of 2017 (at least not yet), the price momentum behind DeFi tokens is starting to raise eyebrows. Unfortunately, it’s also raising poor comparisons.