Julian Hosp and his projects in the crypto scene: a recurring story of losses and disappointments

Julian Hosp and his projects in the crypto scene: a recurring story of losses and disappointments
Julian Hosp - a charm figure in the crypto scene
Julian Hosp is a controversial personality in the crypto scene. Projects in which he was involved have given many investors considerable losses. Deficain (DFI) and the alleged StableCoin DUSD are currently on a downfield.
Julian Hosp, who regularly communicates via his Twitter account, gives the impression that his crypto projects are excellent. For example, he claims that Deficain (DFI) overtakes the cryptocurrency Bitcoin (BTC) in terms of price development. He is also of the opinion that the "StableCoin" will recover USD (DUSD) with a current course of less than $ 0.40. A look at our archive, however, shows that Julian Hosp has already experienced some failures in the past that investors have cost a lot of money, such as at TenX or the Lyoness pyramid system.
let's look at the sober facts instead of putting on the pink glasses by crypto guru Julian Hosp. According to coinmarketcap, Deficain fell to a stand of about $ 0.36, removing more than 90 percent from its all-time high. The Twitter user Plebadi even enjoys the community with a picture game, since HOSP asks the "defighers" to drive the course. However, Deficain's price curve does not even reflect the recent swings on the cryptom market. From the point of view of experienced observers, DFI seems to be on a dying course. Julian Hosp sees it differently, however, because the official website of Defichain dispenses as a precaution.
About a year ago we reported about the problems of Decentralized USD (DUSD). At that time, the so-called stablecoin was just under $ 0.80, while today it is $ 0.36. Here it should be remembered that a stable coin should actually map a Fiat currency in a ratio of 1: 1, in this case the US dollar. A reasonable listing for DUSD would therefore be about $ 1.00. It seems that Julian Hosp and his team can only imagine how this should ever be achieved again.
In summary, it can be said that something went wrong with Julian Hosp. However, it is important to note that Cake Defi has now been renamed and now bears the name Bake. Hosp promises on Twitter that “a new era of financial authorization” begins. It remains unclear whether he means himself. Bitcoin expert Matthias Reder notices without a wink miley that a change of name should obviously help if the name is "burned". We would like to add: Please avoid Deficain (DFI), DUSD, Bake or other projects that Julian Hosp supports. The past has painfully shown that in HOSP’s projects there is often something going wrong and there is a risk of major losses.