Topic: Yearn.Finance (YFI) hits $28k - page 7. (Read 944 times)
Is it a manipulated growth, from the low value of price less than $900, and the peak value reaching high close to $29000+ is a big growth. It also has got good volume, which makes way for easy trading compared to more other leading cryptocurrencies that doesn't have volume and trade support. None could've predicted for such a growth, very few users around might have profited out of luck.
Just finished writing a post on someone else's thread about it:
As you are a Newbie, I would highly recommend you not to jump straight into the pumped coins if you're contemplating to. YFI may be $100k in a week or .. $1k. Volatility is a thing. You just don't know, and the timing is imo very risky right now. It's been a long time already since it's been very bullish. Coins that have really hard pumps usually have a period where the hype bursts out, and the price almost always follows. Therefore, just be careful when investing and make sure you don't get yourself screwed up by false hopes.
Nah, a noobie on this website but I am in this shit since 2014. And yes like you said, it's a total gamble. You're better off playing roulette than investing in this shit lmao. Anyway, is there a specific reason why it's so high?They were smart enough to set their supply to way fewer coins than most cryptos, and that attracted a lot of attention from everyone. If you were to multiply the 30k supply by 700 times (to get to BTC's max supply) and then divide the current price (~$29k) by 700, at Bitcoin's supply it'd be worth $41.5 right now. It's a very very vague calculus but I'm only considering the supply & price/coin.
In other words, it may be more expensive than Bitcoin but do people really not care about anything else besides price at this point?
In other words, it may be more expensive than Bitcoin but do people really not care about anything else besides price at this point?
As you are a Newbie, I would highly recommend you not to jump straight into the pumped coins if you're contemplating to. YFI may be $100k in a week or .. $1k. Volatility is a thing. You just don't know, and the timing is imo very risky right now. It's been a long time already since it's been very bullish. Coins that have really hard pumps usually have a period where the hype bursts out, and the price almost always follows. Therefore, just be careful when investing and make sure you don't get yourself screwed up by false hopes.
What's going on with this coin? It's getting pumped crazy af right now.
https://i.imgur.com/JFVbWCN.jpg
https://coinmarketcap.com/currencies/yearn-finance/
Don't getting serious Fomo at this moment. Lost of post like this who are literally upset as they having seen YFI at 4k and didn't buy. I can understand its really difficult to watch such massive pump in short time and not involve in right time when YFI was handy.https://i.imgur.com/JFVbWCN.jpg
https://coinmarketcap.com/currencies/yearn-finance/
What's going on with this coin? It's getting pumped crazy af right now.
https://coinmarketcap.com/currencies/yearn-finance/
https://coinmarketcap.com/currencies/yearn-finance/
I still don't wanna believe in this crazy pump with YFI. Wtf!
How can 1 altcoin worth over 2 btc? It's super crazy how this happens. BTW, I am hoping to buy some dips of this coin
What's going on with this coin? It's getting pumped crazy af right now.
https://coinmarketcap.com/currencies/yearn-finance/
Don't getting serious Fomo at this moment. Lost of post like this who are literally upset as they having seen YFI at 4k and didn't buy. I can understand its really difficult to watch such massive pump in short time and not involve in right time when YFI was handy. https://coinmarketcap.com/currencies/yearn-finance/
You are absolutely right. YFI is now over the price of bitcoin. I also just found out about YFI, and too late to buy at the price of 800 $.
Maybe YFI will head for the $ 100,000 price tag.
Maybe YFI will head for the $ 100,000 price tag.
Just finished writing a post on someone else's thread about it:
As you are a Newbie, I would highly recommend you not to jump straight into the pumped coins if you're contemplating to. YFI may be $100k in a week or .. $1k. Volatility is a thing. You just don't know, and the timing is imo very risky right now. It's been a long time already since it's been very bullish. Coins that have really hard pumps usually have a period where the hype bursts out, and the price almost always follows. Therefore, just be careful when investing and make sure you don't get yourself screwed up by false hopes.
They were smart enough to set their supply to way fewer coins than most cryptos, and that attracted a lot of attention from everyone. If you were to multiply the 30k supply by 700 times (to get to BTC's max supply) and then divide the current price (~$29k) by 700, at Bitcoin's supply it'd be worth $41.5 right now. It's a very very vague calculus but I'm only considering the supply & price/coin.
In other words, it may be more expensive than Bitcoin but do people really not care about anything else besides price at this point?
In other words, it may be more expensive than Bitcoin but do people really not care about anything else besides price at this point?
As you are a Newbie, I would highly recommend you not to jump straight into the pumped coins if you're contemplating to. YFI may be $100k in a week or .. $1k. Volatility is a thing. You just don't know, and the timing is imo very risky right now. It's been a long time already since it's been very bullish. Coins that have really hard pumps usually have a period where the hype bursts out, and the price almost always follows. Therefore, just be careful when investing and make sure you don't get yourself screwed up by false hopes.
What's going on with this coin? It's getting pumped crazy af right now.
https://i.imgur.com/JFVbWCN.jpg
https://coinmarketcap.com/currencies/yearn-finance/
Edit: It's 32k right now lol.
Edit2: All of the market is seeing a small correction, and so its YFI, however it still holds 'strong' at $30k.
https://i.imgur.com/JFVbWCN.jpg
https://coinmarketcap.com/currencies/yearn-finance/
Edit: It's 32k right now lol.
Edit2: All of the market is seeing a small correction, and so its YFI, however it still holds 'strong' at $30k.
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