It can also be found on such centralized exchanges as Poloniex and CoinEx. CoinGecko provides a fundamental analysis of the crypto market. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering price discovery. yEarn.finance is an ecosystem relying on DeFi lending protocols to maximize APY (annual percentage yields) for its users. 24 hour YFI volume is $246.88M. These areas are determined through the 1.618 Fibonacci level, with $66,000 being the most pivotal area. "@type": "Answer", It is akin to a crypto hedge fund where the aim is to increase the amount of assets that users deposited. Yearn.finance is a DeFi protocol that offers some of the highest annual percentage yields compared to various DeFi protocols. yearn.finance reached its all-time high price on May 12, 2021, when the price of YFI peaked at $91,137. YFI was the biggest runner in the rise of Decentralized finance, as Yearn.Fiannce has played important role in the growth of yield farming. To receive alerts, please allow web browser notification permission. YFI has bagged its confidence purely on the basis of its merit. yearn.finance is up 2.90% in the last 24 hours. In just the past hour, the price grew by 0.68%. EUR Euro. alone makes it one of the best performing cryptocurrencies today. The trading volume of yearn.finance (YFI) is $167,801,606.53 in the last 24 hours, representing a 83.10% increase from one day ago and signalling a recent rise in market activity. DAI, USDC, USDT, & TUSD are also moved among multiple supported DeFi protocols like Compound, Aave, dYdX, and Curve, on the basis of which asset pool is offering the highest yield. "acceptedAnswer": { Maximum price $3951, minimum price $3087. Guess the cat is out of the bag, but just so that there is some expectation management, this is a long roadmap that we are working on, so it won't be anything anytime soon. Today's yearn.finance price is $10,138, which is up 5% over the last 24 hours. You need to do your own due diligence before trading or investing in Yearn Finance. The YFI price increase is expected to be around 129%. Lower volatility in Bitcoin means higher volatility for altcoins as the money flows from Bitcoin to altcoins. YFI is the token of the project that was launched on July 17, 2020. The service offered includes major USD tokens such as DAI, USDT, USDC, and TUSD. The current CoinMarketCap ranking is #427, with a live market cap of $51,458,032 USD. Over the weekend YFI, the native token of Yearn.finance, reached a new all-time high at $43,966 on Binance exchange. Yearn.finance is also arguably valued lower compared to other major DeFi protocols with a billion dollars in value locked. The fully diluted valuation (FDV) of yearn.finance (YFI) is $370,748,983. },{ Stay updated on all the news concerning cryptocurrencies and the whole world of the blockchain. A Greed reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. Traders can also benefit from the block rewards program on YFI. Why These Famous Crypto Traders Remain Bearish, Brazils Nubank Extends Nucoin-Based Crypto Loyalty Initiative to 70M Customers, Binance Attempts to Reenter Singapore Crypto Market After Trading Interruption Last Year, Arbitrum DEX ArbiSwap Allegedly Rug-Pulling its Own Users, Claims Security Agency, Offshoring Crypto Hurts US Financial System Laments Coinbase CEO, Crypto Price Predictions, March 2023: Altcoins Are About to Take a Wild Turn, Top 10 Telegram Channels for Crypto Signals in 2023, Navigating Crypto Taxes Made Easy & Cheap: Meet Cryptiony, Binance Accused of Malpractices Similar to FTX. The live yearn.finance price today is $9,424.60 USD with a 24-hour trading volume of $120,193,830 USD. "@type": "Answer", However, Yearn Finance (YFI) has an all-time high value of $43,678 that is higher than Bitcoin's at $42k. At 1.40-1.65 BTC, the resistance zone is the critical resistance to break and could be classified as the accumulation range high. This level has to break to see more upside toward the next pivotal resistance area at 1.40-1.65 BTC. Jordan Lazaro Gustave, the COO of Aave, told Cointelegraph: Aave will also be making credit delegation possible, where party A can delegate their credit line to party B, who can borrow against it. By that time, he was a well-known person in the crypto community as he often published his in-depth code reviews on Medium. This would also fit with the possible decrease resulting from the double-top. Once users deposit their liquidity in the pools of the platform, they get yTokens showing the amount of the deposited funds. YFI ranks 168 by market cap. You should conduct your own research when making a decision. Win a CryptoPunk. It was made to alleviate popular DeFi protocols for non-sav, 0x0bc529c00c6401aef6d220be8c6ea1667f6ad93e, https://etherscan.io/token/0x0bc529c00c6401aef6d220be8c6ea1667f6ad93e. Yearn.finance is the brainchild of Andre Cronje. New to crypto and want to know how to buy Bitcoin (BTC) or any other token? Being fascinated by decentralized finance protocols and incredible yields offered to investors for stablecoins, he started to explore the sphere and came out with a project known today as yEarn. Any use or reliance on our content is solely at your own risk and discretion. Market cap is measured by multiplying token price with the circulating supply of YFI tokens (33 Thousand tokens are tradable on the market today). As per the Yearn Finance price prediction, the price of the YFI token is expected to cross $12,500. The community is bullish as more than 81% of users are feeling good about yearn.finance (YFI) today. } Yearn.finance. ", If you would like to know where to buy yearn.finance at the current rate, the top cryptocurrency exchanges for trading in yearn.finance stock are currently Binance, BingX, OKX, Deepcoin, and BTCEX. Keep track of your holdings and explore over 10,000 cryptocurrencies. Compliant exchanges also give you the facility of directly trading YFI DeFi token for fiat assets like USD, EUR, GBP, etc or other cryptocurrencies on many exchanges. BeInCrypto strives to provide accurate and up-to-date information, but it will not be responsible for any missing facts or inaccurate information. Besides, the platform is the first experiment of this kind and, certainly, therefore, entails excitement and curiosity of the cryptocurrency community. YFI had been following a descending resistance line since reaching an all-time high price of $43,966 on Sept. 12, 2020. "text": "The credit goes to traders. A timely decision and a strong faith are all an investor needs and also invest post-reading price forecasts and doing risk-benefit analysis. was launched, and in the following months, the total value locked in Yearn Finances pools reached $4.2 billion, more than doubling since last month. The current YFI cycle high is $ 13,777, while the cycle low is at . Comparatively, the current price is -91.68% lower than the all-time high price. This website uses cookies for functionality, analytics and advertising purposes as described in our, Anomaly - Trading price is an outlier against the average. Market cap at circulating supply--About Yearn.finance (YFI) yearn.finance is a Decentralized Finance (DeFi) platform which aims to build products on aggregated liquidity provision, leveraged trading, automated marketing making . They have confided in YFI assuming it would scale zenith making its mark in the world of cryptocurrencies. I would like to subscribe to CoinGecko's daily newsletter. YFI has bagged its confidence purely on the basis of its merit. The six-hour chart shows a potential double-top pattern near $38,000. The 50-day Simple Moving Average (SMA 50) takes into account the closing price of yearn.finance over the last 50 days. The price of yearn.finance tokens have soared from under $1,000 per YFI since it was created in mid-July to over $30,000 this weekend, passing the bitcoin price on Friday. A potential collaboration between FTX and yearn.finance developer Cronje goes in line with FTXs activity in the DeFi and DEX market. Let's take a look at the technicals and see if the all-time high may get broken in the next few days. FTX, one of the top cryptocurrency derivatives exchanges, has been leading various partnerships in recent weeks. And hence, traders should make wise decisions before trading or investing. Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. With the help of YFI Tokens, users can also earn lending fees as well as trading fees. yearn.finance's 24 hour trading volume is $ 66.09 Million. What Is yearn.finance? } Yearn.finance makes a profit by charging withdrawal fees, currently 0.5% at the end of September 2020, as well as 5% gas subsidization fees. Since then, the majority of the capped supply has entered circulation, and the success of the token is reflected in its all-time high price of $41,000, which it hit in mid-September 2020. A short-term correction is expected to occur before making a new high. The information provided is for general purposes only. The reward tokens are mined by moving the funds from one asset to another in case it is more profitable. YFI price is up 1.84% in the last 24 hours. 07/18/2020. As an example, Synthetix is valued at over $600 million, but has less value locked than yearn.finance. yearn.finance had an all-time high of $82,966 almost 2 years ago. Any subsequent earnings are then used to buy back the asset. By the end of this, in 2030, the YFI token may have an expected maximum value of $56,294 with a minimum value of $25,211. This $30,000 barrier finally broke at the beginning of January 2021, as the price of YFI accelerated to the $40,000 resistance zone. Max Crypto Headroom (@maxcryptohead) May 11, 2021. In the meantime, check out some other coins that currently do have Tokenomics data. If the 2.618 Fibonacci level is used to determine the upside target (and this level is also often used, depending on the strength of the market), then $100,000 or higher is achievable for Yearn.finance. YFI's current price is $6,914.30, with a 24-hour trading volume of $--. 13. A jaw-dropping optimism is predicted for the YFI token. var t = document.querySelector('#widget') Trade YFI/USD Now YFI was launched with a fixed supply of 30,000 coins in July 2020. Both the MACD and Stochastic oscillator are increasing, but the daily RSI has generated a bearish divergence, which could initiate a correction. Links on this page may contain affiliate links. Akropolis joined as its institutional service provider for yVaults and upcoming lending products. Yearn.finance is a blockchain-based set of decentralised finance ( DeFi) solutions that facilitates yield generation, loan aggregation, and other functions. ", var plc588602 = window.plc588602 || 0; As long as the $30,000 level sustains support, for now, further upside is likely. 0.00001 yfi = 0.07692720 USD . Users of yearn.finance earn YFI through providing liquidity, while token holdings dictate governance privileges. The most popular exchange to buy and trade yearn.finance is Tidex, where the most active trading pair YFI/USDT has a trading volume of $12,097,176.11 in the last 24 hours. Yield Farming refers to the activity of depositing and locking capital in a DeFi Protocol for the reward of the protocols native tokens. Solana joins ranks of FTT, LUNA with SOL price down 97% from peak Is a rebound possible? This is a statistical representation of the maximum market cap, assuming the maximum number of 37 Thousand YFI tokens are in circulation today. BitcoinWisdom. Though the creator of yEarn called the asset a completely valueless 0 supply token, the token immediately bounced up after its launch having exceeded Bitcoins price in just a month. yearn.finance has been displaying a positive trend recently, as the coin gained 41.70% in the last 30-days. The sentiment in the yearn.finance markets is currently Neutral, and the Fear & Greed index is reading Neutral. By the end of the year, yearn.finance is expected to reach a minimum fee of $6,168.43. YFI was also the first cryptocurrency to . "@type": "Answer", yearn.finance is on the rise this week. The maximum price of tokens might hit $37,580 as per the Yearn Finance prediction for 2027. Get top exchanges, markets, and more. Launched in February 2020, yearn.finance is an aggregator service for decentralized finance . While I'm not providing financial advice, I'm giving you the tools to help you succeed in your own responsible decisions.Daily Videos About Major Altcoins Trends, Bitcoin, Ethereum, XRP, Ada, BNB, Solana, Bitcoin Cash, BNB, Zcash, Your Favorite Altcoin, Crypto Adoption, Altseason, Blockchain, NFTs, And Many More Latest Cryptocurrency News And Chart AnalysisFollow Mr Legend Crypto on Social Media For More UpdatesTwitter - https://twitter.com/mrlegendcryptoFacebook - https://www.facebook.com/mrlegendcryptoTelegram - https://t.me/mrlegendcryptoTikTok: https://tiktok.com/@mrlegendcryptoFor Adverts And Sponsorship Contact - MrLegendTvShow@gmail.comThank you for watching this videoDont forget to like this videoDrop a comment to tell us what you think This would represent a 9.09% price increase for YFI in the next 5 days. Andre became one of the most famous DeFi thought leaders as he launched Yearn Finance single-handedly, witnessing YFI price went up by roughly 55x in less than 3 months, valuing Yearn Finance by more than $1 billion. The current price is $7,432.51 per YFI. Disclaimer: Cryptocurrency trading carries a high level of risk and may not be suitable for all investors. A 20-year trader share his ways to profit, How to buy, sell and create NFTs on OpenSea. Rumours of a new project and a new token, called WUFFY, have been circulating recently and this may have triggered the buying spree. For example, a credit delegator could be a party that wants to build up more credit, and a borrower could be a business, NGO, government, institution, etc.. Over the last day, yearn.finance has had 0% transparent volume and has been trading on 1,050 active markets with its highest volume trading pairs being . When Andre Cronje created a programming code that enabled switching between different DeFi protocols, to deliver the highest yield to the investor, he decided to make it public. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. According to our YFI predictions, this year will be a significant one. 24 hour YFI volume is $241.13M. It recorded a high of $7,651 on February 14 before profit-taking interrupted the rally. "acceptedAnswer": { IDR Indonesian Rupiah. How Collateral Network (COLT) Is Surpassing Litecoin (LTC) and Binance (BNB) During Presale, With only 36,000 tokens in circulation, its total market capitalization is still less than $3 billion, which is not even enough to enter the top 50 cryptocurrencies by market cap, but the 23% increase. You need to do your own due diligence before trading or investing in Yearn Finance. Bitcoin Units New. You could pay as little as $76,249.39 and as much as $81,014.98 for it, with an average price of $78,155.62. YFI is a good investment option in the crypto market. These reserves are sent to different protocols that offer the best rates of return including Compound, Aave, dYdX. Are you watching the movement of YFI on the exchange meticulously? The system presents its own rules that are subjected to modification. Although the coin slowed a bit in the second half of the year gone by, it picked up a great push ending the year 2020 with massive gains. However, there are short-term signs of weakness present, indicating that a correction is likely to occur before another breakout attempt. One can say Yes and No. Access exclusive reports by CoinGecko analysts! After validating the line as support, YFI reclaimed the $28,000 area, validated it as support, and has been moving upwards. What Is Yearn.Finance (YFI)? YFI, the native token of Yearn Finance, is trading just under $10,000 on Friday morning having retreated from a six-month high reached late Thursday. 0.5 yfi = 3846.36 USD; Ad Buy YFI. In Q3 of 2030, Yearn.Finance (YFI) will achieve a new all-time high of $101,085. Its worth remembering that yPools are considered more dangerous than other DeFi products such as Compound as they provide capital for a range of protocols that may themselves be vulnerable. You will receive an email with instructions for how to confirm your email address in a few minutes. A Fear reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity. On this day last year, YFI was trading at $21,331. }) It should be noted that, after the enormous. UA-109208733-1. document.write('
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