Data Dispatch: Multi-Coin Crashes 90% - Is DeFi at Its End or a New Beginning?
1 DeFi STOPS FALLING, SHOULD WE BUY? Recently DeFi has fallen hard, with many declining 90% from highs, just like Bitcoin back then, and the hat of "collapse scam" has arrived. It has stopped falling these days—is it a reversal that should rise, or a consolidation break before further decline? Of course, mainstream coins in DeFi haven't crashed this badly, only about 50% decline, not much. In the blockchain field, 99.9% pure decline does exist. Bitcoin fell 16%, Ethereum fell 32%. Looking long-term, Bitcoin has weathered 10 years of challenges and is well-tested, and major capital has begun to accumulate.