The soaring popularity of DeFi markets, or Decentralized Finance markets, have helped pump the price of BTC and Ethereum to recent highs, making some promoters of the digital currencies to make bold predictions. But as neither can scale, fees have also hit recent highs, and prices are starting to drop back down.

On August 20, BTC was threatening to break the $12,000 price barrier and Ethereum was above $400. This had industry analysts predicting that should a surge in BTC’s price should it get past $12,500, it could mean a bull run for the digital currency. One promoter suggested it could hit $50,000 this year.

This growth is due in part to the rising popularity of DeFI, which has allowed digital currency traders to get away from regulated, centralized trading markets.

Some have warned that growing interest in DeFi could lead to many of the same problems seen during the 2017 initial coin offering (ICO) craze, with many newcomers to the market being scammed out of their investments by get rich quick scams. New projects like Spaghetti.Money tend to suggest that this warning is one to heed.