Everything in Crypto World hs its time under the sun. DeFi completely dominated cryptocurrency market in 2020, while there are new players making move in Blockchain and cryptocurrency world like P2E, NFTs and metaverse, DeFi is loosing its charm. But its totally normal and happens with every project in a period of time afterall. But there are some promising and remarkable DeFi Projects like Luna, DAI, Link etc which have long term development goals and developments. It's time for Crypto space to make its own adjustments with so much coming up everyday but when market keeps growing and more people invest in cryptocurrencies, every fair project will flourish. Just Imagine $10 Trillion Cryptocurrency Marketcap, the growth is tremendous.
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But why short term, only 10T marketcap?
I prefer to imagine $100T.
In 5-10 years
You are right. $100T sounds a great possibility till 2030 😊 !PIZZA
Really dat mean in the next 2060 we will be talking about $200T,and by then I will be calling the own of Defi
We are still early. People are still trying to trust the Defi system especially with the entry of bad players who has used various aspect of defi to steal from investors.
@vikbuddy
The world top companies market cap is about $96 trillion companies like apple,Tesla,Coca-Cola,Adidas excluding world bank, government,personal worth and other companies not in the top 100.
So imagine if crypto becomes legalas it is now in China
We are early
Wow
4% of the world population ihas crypto which means we are so fucking early
Fortunately I am part of the 4% I and my family.
everyone of us here are part of the 4% and we have already built and begin a journey of wealth for generation to come as our children would lead in riches
I am part of the 4% too.
It now depends on how much I make use of my knowledge of crypto because being early in cryptocurrency do not guarantee your success in it
did you mean only 4% of the world population are holding crypto or the number of wallet that exist now have 4% of the world population and how is this known crypto is decentralized
You can know the amount of holders of some project in binance blockchain and in ethereum and in many other in their scan
The world crypto market capacity now is too low compared to his potential and to the world market capacity imagine if cryptocurrency is permanently known and accepted as money
The word crypto market cap is not up to 1% of the world market cap including government and Banks so crypto haa a long way to go
Many rich people in this world can buy one fourth of the crypto-currency market cap and the top 10 can buy the whole cryptocurrency that is available right now but they didn't
The reason is not because they can't buy or the reason is that they can buy from only those who want to sell and if there is that type of order and the value will increase that is why I like the concept of cryptocurrency
This is top 100 companies in the world out of thousands and millions of companies that exist in the world at cryptocurrency is not yet compared with them with this your analysis..
This means crypto can make 200x
If cryptocurrency becomes a legal tender it will clock 100trillion dollars immediately
The legality of cryptocurrency made crypto-currency market cap be present money market cap now
Wow you have said it all and your summition is awesome.although to me is not over yet it is still working under ground.