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Why a top analyst says Ethereum DeFi is a bubble that will pop soon

Why a top analyst says Ethereum DeFi is a bubble that will pop soon

Photo by Markus Spiske on Unsplash

The decentralized finance (DeFi) market has been jeweled with equal parts optimism and suspicion.

There have been both extremes: Some have made millions of dollars “farming” yields by locking up their crypto holdings while some have lost big amounts to DeFi scams.

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