The Daily Hodl
2020-09-12 19:00:34

Messari Founder Says Greater Fool Theory Will Soon Crush DeFi Traders

Messari co-founder Ryan Selkis is putting decentralized finance (DeFi) traders on notice. In a tweetstorm, Selkis predicts that the growing DeFi bubble will pop sooner than most people expect. “We’re nearing the apex of ponzi economics, rug pulls, and ‘yield’ hopping, and ETH fees are going to eat too heavily into non-whale profits.” The Messari […]The post Messari Founder Says Greater Fool Theory Will Soon Crush DeFi Traders appeared first on The Daily Hodl.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer