What would you choose if DeFi is the future of decentralization?

The DeFi scene has been buzzing lately with $COAI, which skyrocketed to the 2nd spot among cryptocurrencies just two weeks after its launch! Now there's a lot of hype around $COMMON; it's like a one-stop shop where you can kick off your project, build communities, and snag some rewards. This could be a solid starting point for all the DeFi fans out there. I’m expecting to see a surge in Total Value Locked once it hits major exchanges like Bingx and other giants like Okx, which usually brings in decent trading volume. I honestly think $COMMON could hit $5 soon, especially with the team making strides towards that goal. What do you all think about this DeFi project?

Common is just immature project. It's a complete trash and i see no future owned by this project. You can expect the pump to happen, but it's due to the MM who wanted to exit their position. It's not caused by the platform itself has organic users. In fact, its price is continuously dump. A proper platform with good utility won't be always moving down like this. The price action truly show us how public only farmed this project just to be dumped onlly. Also expecting this token to be pumped as big as COAI makes no sense considering it has 10b total supply.

This means it will still go back to where it belongs. Get the pump, take out your profits and watch the token lose its value in the market once again. This is naturally how many tokens built under hypes ends up in the market, they’re naturally going to die after the hype and this token has already showed potentials for that. It won’t stay long in the market before we see it lose its current value. Pump pump pump it and dump dump dump it kinda project vibes again.

You sound like just some shill, Mr. @Saucemanbitcoin DeFi? Decentralization? In the same sentence? Do you even know what decentralization is? When did your token become the top 2nd cryptocurrency? Most of the shitcoins you will come across are just pump and dump money making schemes with no sense of direction or utilization whatsoever.

I thought this was going to be a thread about decentralization and decentralized finance in general, and it turns out it is just about a single token which is already getting flatlined in the market... Next time you wish to open a thread about a coin or token specifically, make sure to include the name of the token or coin in the title of the thread, so we all know what to expect when we enter and read whatever you have to say. Anyways. Decentralized finances is more than just a single token getting crushed by the market, obviously, the biggest pools are on Uniswap and have nothing to do with these shitcoins.

Different investor, different market maker, different listing time (yes it matters). I won't intermingle the two and thinks COMMON gonna have the same fate, in fact it's dumping. Also Defi isn't exactly the future of decentralization because literally defi has been here for a long time and leading the game. aave is defi, so does uniswap, etc. Any new project will just be reinventing the wheel at this point.

The concept of decentralization shouldn't be seen as defi as that's another step to centralized in disguise, because it's on another layer for connecting your funds on a dex exchange on a centralized platform for business. Nothing really new in the space anymore, whatever new project comes up wants to do. It's been there around, what matters most is the ability to withstand, and stand in the test of time.

If the future of Defi is COAI then we're cooked. It's a literal chatgpt wrapper and the coin was hugely manipulated, literally went to $25 and dumped so fast and now back sitting at 1.4 and I don't even understand what these projects are doing.

Lmaoooo, both tokens he mentioned are utter trash. They contribute literally nothing to the space rather than provide opportunities for the team and VCs to dump the chart to a bare minimum of zero(0). I'm not surprise that VCs still invest in projects like this. Maybe it would stop when the last remaining retail investors decide not to be exit liquidity again for these projects. If you mention COAI, what about MYX?

These days the price action is not even reflecting how strong the fundamental of the project. COAI's case showed us how MM's market manipulation can even happen to the a project without strong fundamental just to scam people by pumping it, then dumping it to the hell. Yet, Common is just performing even worst this time, and dumping far deeper than what i already posted before. Sigh, people who buy it deserve the blame.

Definitely $COAI, biggest AI narrative as announced by coingecko