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Sat, Sep 12, 2020 9:00 PM by The Daily Hodl

Messari Founder Says Greater Fool Theory Will Soon Crush DeFi Traders

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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.

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