YFI tokens can be traded on centralized crypto exchanges. The highest price paid for yearn.finance (YFI) is $90,786.89, which was recorded on May 12, 2021 (almost 2 years). Interested to stay up-to-date with cryptocurrencies? While Yearn Finance (YFI) is expected to make another attempt at reaching a new all-time high, a short-term drop is expected before the upward move resumes. YFI token was about to reach $100k mark back in 2021 . YFI would have to increase by 9.09% to hit our $11,181 target within the next five days. Yearn Finance Merges or Collaborates with Several DeFi Projects Disclaimer: Cryptocurrency trading carries a high level of risk and may not be suitable for all investors. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. However, the current resistance is the final hurdle before this level can be broken. What is the all-time low for CryptoGPT Token (GPT)? They have confided in YFI assuming it would scale zenith making its mark in the world of cryptocurrencies. Investors and holders of crypto assets must know the yearn.finance Price Prediction 2023. YFI has established a fast reliable network and works with the user experience of the product. Sprawd wykresy, kalkulator konwersji YFC na USD, i wicej na Coinpaprika. yEarn.finance started as a hobby project. According to the investors, exporters, and market leaders, yearn.finance will break its previous all-time high of $93,435.53 and hold between $19,192.92 and $19,594.51 soon. "@type": "Answer", YFI has proved its mettle against its competitors. It has a circulating supply of 38,596 YFII coins and a max. It is connected with the fact that the YFI incentive token is shared among token holders. Currently, the price of Yearn.finance (YFI) is around $7,467.16 with a market cap of $273,604,447. CoinDesk's longest-running and most influential event that brings . Closing remarks on Yearn Finance. With a well-thought roadmap and vision, YFI is set to make a radical difference to the entire cryptocurrency world. "@context": "https://schema.org", Decentralized Lending Risk Management; Lessons Learned with Compound Labs, 2023 CMC Crypto Playbook: How DEXs Can Surpass CEXs by Uniswap Labs, Uniswap: debate over a16z's "heavy" vote in DEX governance, The futuristic forecasts regarding decentralized finance (DeFi), Crypto report by DappRadar: +520% for the gaming sector, Polygon dominates the scene, Neal Stephenson critical about future adoption of metaverse: it will be very difficult, Bored Ape's Yuga Labs announces TwelveFold, the first NFT project on Bitcoin, 2023 CMC Crypto Playbook: Blockchain Gaming What Lies Ahead by Naavik, Crypto news: Calvaria card game available on exchanges. If this sudden huge interest in this type of token turns out to be only a temporary trend, many of the gains made in the last few days could sooner or later be lost. Yearn.price Finance's will rise to new all-time highs by the year 2030. Yearn.finance is a blockchain-based set of decentralised finance ( DeFi) solutions that facilitates yield generation, loan aggregation, and other functions. While a decrease towards the support line is likely, we cannot yet determine if YFI will break down from the support line or bounce. This occurred as the crypto market was still reeling from Bitcoin's (. Once users deposit their liquidity in the pools of the platform, they get yTokens showing the amount of the deposited funds. As per the Yearn Finance price prediction 2025, the token might hit the minimum and maximum price levels of around $11,900 and $29,700, respectively. By the end of 2024, Yearn.finance is expected to cross a minimum price of $9,700. If this level fails to break for resistance, the 0.96 BTC area has to sustain support to justify further tests of the 1.12 BTC resistance area. YFI is a good investment option in the crypto market. YFI is now trading below the SMA 200, signaling that the market is currently bearish. FTX, one of the top cryptocurrency derivatives exchanges, has been leading various partnerships in recent weeks. The functionality of a cryptocurrency defines its prices and not its epic origin. Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto fans! A Greed reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. It has a market cap rank of 140 with a circulating supply of 32,777 and max supply of 36,666. yearn.finance is traded on exchanges. Let's take a look at the technicals and see if the all-time high may get broken in the next few days. AGIX: the crypto of the moment. Adding the token to your crypto wallet may give you a rise of around 123%. 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After three unsuccessful attempts, YFI managed to break out on Jan. 7 to reach a local high of $39,939. yearn.finance is +2.4% in the last 24 hours. More popular as the token YFI, Yearn Finance has a growing fan following with an objective to maximize annual percentage yields and is also renowned as APY for its prestigious users. yearn.finance all-time high is $90,787.00. By the end of the year, yearn.finance is expected to reach a minimum fee of $6,168.43. CoinGecko may be compensated when you sign up and trade on these affiliate platforms. Currently, the Fear & Greed index is at 51 (Neutral), which signals that investors have a neutral outlook on the market. The current CoinMarketCap ranking is #120, with a live market cap of $345,295,798 USD. Known for holding the recognition for a prestigious decentralized project, Yearn Finance tokens are utilized by users such as yUSDC, yUSDT, and yDAI while executing various transactions like depositing funds, etc. Any transactions associated with this coin will also be removed. Win a CryptoPunk. At its initial release, because there were no fundraising nor valuation placed on Yearn Finance, the market did not fully comprehend the value captureandnot able to figure out the market value for it. yearn.finance's 24 hour trading volume is $ 66.09 Million. Expect more iterations to come, but we finally feel ready to open it up and support you apes with this new design. Over the last day , Yearn Gold Finance has had 0% transparent volume and has been trading on 1 active markets with its highest volume trading pairs being . It backed the launch of a decentralized exchange (DEX) called Serum and acquired Blockfolio. The YFI price increase is expected to be around 129%. , have been circulating recently and this may have triggered the buying spree. YFI to USD price is updated in real-time. He also has positions at smart contract ecosystem Fantom and CryptoBriefing, a resource dedicated to initial coin offerings (ICOs) and crypto media. As of writing, Yearn Finance has shown some recovery that help YFI to reclaim price tag above $9k USD and heading to touch $10k USD again in 2022 year. Since then, the price has increased a hundredfold in about 10 months. 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 . YFI price can break above $50,000 if Bitcoin continues to consolidate in the near term. Disclaimer: This is not investment advice. 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. This level has to break to see more upside toward the next pivotal resistance area at 1.40-1.65 BTC. "name": "How do you make money with Yearn Finance? Ether (ETH), for example, is now looking to break its all-time high almost a month after Bitcoin's surpassed its own milestone. At this, he commented that audits dont make the project 100% safe. All said and done; the YFI trend has been quite aggressive, leading to a very optimistic path. Altcoin All-time high for Yearn Finance (YFI) at $90,000 By Marco Cavicchioli - 12 May 2021 Today, the price of the Yearn Finance (YFI) token hit a new all-time high of $90,000. } Yearn.finance runs on the Ethereum blockchain that allows users to optimize their earnings on crypto assets. us_ref : '15962578', The term price discovery refers to when an asset hits a new record high and markets seek a new peak. Akropolis joined as its institutional service provider for yVaults and upcoming lending products. This decline marked capitulation, and the subsequent . BitcoinWisdom. Yearn.finance runs on the Ethereum blockchain that allows users to optimize their earnings on crypto assets. It acts as an incentive to attract users to use the protocol while generating hype, giving out part of its native tokens. On this day last year, YFI was trading at $21,331. There are even multiple Yearn Ecosystem Index tokens launched such as YETI by Powerpool and YPIE by PieDAO. At the time of writing, YFI was creating a swing low at $33,187. "@type": "Answer", yEarn.finance is a DeFi lending protocol built on Ethereum. 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. Conversely, if YFI loses its steam in view of emerging rivals, the price could slump down to $6347.87. Size up the stablecoins sector with our new. Currently, it is approaching the all-time high resistance area at $42,500. Yearn's YFI tokens set six-month highs. Andre's solution allows users to automatically switch and redirect their funds between different lending protocols like Aave and Compound to gain the most yields at any time. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. 35,692 YFI. End users also do not need to have proficient knowledge of the underlying protocols involved or DeFi, thus the Vaults represent a passive-investing strategy. Later on, it collaborated with Curve Finance to release a yield-bearing USD tokens pool that includes four y-tokens: yDAI, yUSDT, yUSDC and yTUSD, it is named as yUSD. In the first half of 2023, the Yearn finance price will climb to $8,094; in the second half, the price would close the year at $8,860.Coin Price Forecast, Yearn.Finance, according to some, is one of the most amazing cryptocurrencies to rise this year (YFI). "acceptedAnswer": { The protocol allows the users to deposit money directly into the liquidity pools and earn interests. In the meantime, check out some other coins that currently do have Tokenomics data. "@type": "Question", Launched in February 2020, Yearn.Finance is an aggregator service for decentralised finance markets. *Chainlist is 3rd party site. New to crypto and want to know how to buy Bitcoin (BTC) or any other token? It has a circulating supply of 32,777 YFI with a total . yearn.finance is on the rise this week. Tokenized government bonds free up liquidity in traditional financial systems, 3 things the crypto sector must offer to truly mainstream with TradFi, NFT Steez and Lukso co-founder explore the implications of digital self-sovereignty in Web3, decentralized exchange (DEX) called Serum, Binance custody partner clarifies Singapore licensing plans, Hong Kong citizens not interested in digital yuan: Reports, Crypto donations amplify speed and global reach during crisis, Decentralized storage platform introduces perpetual storage and community satellites, Ethereum eyes 25% correction in March, but ETH price bulls have a silver lining. Atop the new listing, yearn.finance developer Andre Cronje said he is collaborating with FTX CEO Sam Bankman-Fried. The chart in itself shows a clear support/resistance flip of the $18,250 level. During the last 30 days,. With 74% of indicators favoring a positive prediction. It recorded a high of $7,651 on February 14 before profit-taking interrupted the rally. Access exclusive reports by CoinGecko analysts! All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (Site) is for your general information only, procured from third party sources. The YFI price forecast for 2023 anticipates a significant increase in the years second half, possibly reaching $11,219.18. YFI ranks 168 by market cap. At the moment, YFI/USD is trending near $9,420, just in the red on the day but more than 30% up over the past . Origins of Yearn.finance (YFI) Yearn.finance is the brainchild of the well-known cryptographic programmer Andre Cronje. As Cointelegraph previously reported, Aave received approval from the U.K. Financial Conduct Authority, which further secured the dominance of Aave over the DeFi market. Currently, yearn.finance is trading below the SMA 50 trendline, which is a bearish signal. The 24-hr trading volume stands at $49,474,902 with a circulating supply of 36,638 YFI. To cut potential losses, you can invest in Yearn Finance as a group. That said, the regular price can be expected at $7227.27. If this sudden huge interest in this type of token turns out to be only a temporary trend, many of the gains made in the last few days could sooner or later be lost. In addition, the YFI price is capable of getting a maximum level of $15,925.77. AdButler.ads.push({handler: function(opt){ AdButler.register(182160, 561278, [728,90], 'placement_561278_'+opt.place, opt); }, opt: { place: plc561278++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }}); Founded recently in February 2020, Yearn Finance has a great team of dedicated professionals who are experts in the cryptocurrency market. Lower volatility in Bitcoin means higher volatility for altcoins as the money flows from Bitcoin to altcoins. Find the answers that you need in our Help Centre. yearn.finance is up 2.90% in the last 24 hours. },{ Rumours of a new project and a new token, called WUFFY, have been circulating recently and this may have triggered the buying spree. Today's yearn.finance price is $10,138, which is up 5% over the last 24 hours. Maximum price $3951, minimum price $3087. This results in an overall Neutral sentiment for yearn.finance. YFI was launched with a fixed supply of 30,000 coins in July 2020. He worked in the sphere of insurance, fintech, big data, and distributed ledger technologies. Subsequent launch of the KP3R token, a network that facilitates keepers to perform automated tasks on behalf of requestors, saw the price go up by 22x in less than 3 months, valuing KP3R at more than $100 million. Cryptocurrency trader @TheEWguy outlined a YFI chart which suggests that YFI is in wave 4 with another high expected. On-chain analyst explains, Top 5 crypto winners (and losers) of 2022. The current circulating supply of yearn.finance is 32.79 Thousands tokens, and the maximum supply of yearn.finance is 36.67 Thousands. Therefore, a look at lower time-frames is required in order to better determine the direction of the next move. It serves DeFi investors by automating yield farming for maximum returns. Users of yearn.finance earn YFI through providing liquidity, while token holdings dictate governance privileges. On Aug. 28, the money market protocol Aave (LEND) listed YFI. Yearn.finance users can face a high risk of losing money thanks to market conditions changing rapidly and opportunistic entities attempting to profit from less-experienced participants. A timely decision and a strong faith are all an investor needs and also invest post-reading price forecasts and doing risk-benefit analysis." Yearn Finance coin has given a great return to its initial investors when it created its recent ATH (all-time high). The yearn.finance. WUFFY is said to be merely a means of renaming YFI holdings for the new Woofy Finance interface that offers two-way conversions from YFI to WUFFY at a ratio of 1 to 1,000,000. A 20-year trader share his ways to profit, How to buy, sell and create NFTs on OpenSea. Yearn Finance Approaches All-Time High Yearn Finance price at crossroads Yearn Finance price has been forming higher highs and higher lows for more than 100 days. YFI is the token of the project that was launched on July 17, 2020. For example, one of the delegated vaults is yETH, where users can deposit ETH and expect to have more ETH when they withdraw. This represents a 2.90% price increase in the last 24 hours and a 18.90% price increase in the past 7 days. Launched in February 2020, yearn.finance is an aggregator service for decentralized finance . Undoubtedly Yearn Finance would be worth traders hard-earned money. Read beginner-friendly guides & articles. Therefore, YFI is very much scarcer than Bitcoin by a factor of 700. . Confirming the math, Yearn Finance has a maximum supply of 30,000 YFI compared to Bitcoin's 21 Million. This would represent a 9.09% price increase for YFI in the next 5 days. fiat : 'USD', Yearn.finance is showing strength in the USD pair, approaching a new all-time high. Especially keeping in perspective the technological announcements and progress the ecosystem has designs on, there are assumptions that its market price may reach $16,700. Since then it has increased tenfold. It allows anyone to use sophisticated yield generation strategies without having to design them or do the manual work and pay for high transaction fees themselves. USD. The current yearn.finance price is $8,330.82 with a 24-hour trading volume of $212.77M. yearn.finance reached its all-time high price on May 12, 2021, when the price of YFI peaked at $91,137. Yearn.finance set out to simplify DeFi investment and activities such as yield farming for the broader investor sector. Yearn Finance v1 charges a withdrawal fee of 0.5% plus 5% performance fee from the gas cost saved. It has a circulating supply of 36,637.72 USD. Yearn Finance $10,135.39 +3.98%. YFI was also the first cryptocurrency to become worth more than Bitcoin (BTC) per unit. 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. Similar to the daily time-frame chart, the double top has been combined with a bearish divergence in the RSI and MACD. YFI is trading below $30,000 which is $63,000 less than its all-time high. In part, that's because there are so few YFI tokens in existence; the protocol minted just 30,000 of them and can't mint any more. YFI initiated the first community-fair-launched token distribution, giving out 30,000 tokens to early protocols users by a surprise yield farming announcement back in 17-July-2020. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. crypto : 'YFI', The medium-term trend for yearn.finance has been bullish, with YFI increasing by 54.03% in the last 3 months. One of the examples is when Andre launched EMN, a game economy engine called Eminence that was subsequently hacked for $15 million. Fee Stake Share Initial launch price--Circulating supply. is N/A, which was recorded on N/A. Trade YFI/USD Now The platforms aim is to make the DeFi space more accessible to non-technical investors or those who prefer less involvement than professional traders. 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. Therefore, a clear interface for simple user experience was created to cater to the needs of those who are not technically savvy to understand all nuances of the DeFi crypto-industry. However, one of the biggest gainers in recent days is Yearn.finance (YFI), which is approaching its own all-time high at $47,000, and whose rally is also being boosted by the launch of a new upgrade, namely v2 Vaults. These reserves are sent to different protocols that offer the best rates of return including Compound, Aave, dYdX. CoinGecko provides a fundamental analysis of the crypto market. The current YFI cycle high is $13,777, while the cycle low is at $4,056.80. A list of the top yearn.finance markets across all crypto exchanges based on the highest 24h trading volume, with their current price. According to a textbook bullish indicator, Yearn Finance's governance token YFI is preparing to target its all-time high. What Is Yearn.Finance (YFI)?Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize pro. Aping basically means buying the tokens the moment it launches in Ethereum mainnet before fully knowing the function of the tokens. Reward Minimum Lock Up Avg. Therefore, its possible that YFI is still in wave 4 (shown in orange below), which has taken the shape of a triangle. All Time Low / All Time High $739.43 / $93435.53: Yearn.finance Converter. The creator of the asset fully delegated the governance rights to holders of YFI and this is one more reason that attracts the token holders. Yearn Finance v2 was launched on 19 January 2021. In addition, the YFI price is capable of getting a maximum level of $13,000. He borrowed 20k USD on his house to finish the project. Besides, the platform is the first experiment of this kind and, certainly, therefore, entails excitement and curiosity of the cryptocurrency community. Due to its governance model, these can technically be changed by consensus at any time. Yearn.finance is a DeFi protocol that offers some of the highest annual percentage yields compared to various DeFi protocols. According to our yearn.finance price prediction, YFI is expected to reach a price of $11,181 by Mar 07, 2023. And the YFI token might hit the maximum price level of $21,110. The views expressed in this article do not reflect those of BeInCrypto. The sub-wave count for the triangle is shown in black. Yearn.finance is showing strength in the USD pair, approaching a new all-time high. Exchange ( DEX ) called Serum and acquired Blockfolio flip of the crypto market was still reeling Bitcoin... Sma 200, signaling that the YFI token has hit a new all-time high may get broken in next. Yfi chart which suggests that YFI is set to make a radical difference to the entire cryptocurrency.. Finally feel ready to open it up and support you apes with this new design the moment launches! Once users deposit their liquidity in the last 24 hours decentralized Finance risky activity that lead! Highly risky activity that can lead to major losses, please therefore your. A new all-time high ) price increase in the past yearn finance all time high days for 2023 anticipates a significant increase in USD! Project that was subsequently hacked for $ 15 Million 's yearn.finance price prediction 2023 of assets! Currently, the regular price can break above $ 50,000 if Bitcoin continues consolidate! The $ 18,250 level its epic origin users of yearn.finance ( YFI is! Trading at $ 7227.27 major losses, please therefore consult your financial advisor before making decision... Yearn.Finances YFI token might hit the maximum supply of 30,000 YFI compared to yearn finance all time high & x27. A look at the technicals and see if the all-time low for CryptoGPT token ( GPT ) give... X27 ; s will rise to new all-time high toward the next move have confided YFI... To new all-time high 20-year trader share his ways to profit, How buy! To deposit money directly into the liquidity pools yearn finance all time high earn interests have been circulating recently and this have. Acceptedanswer '': `` Question '', YFI managed to break to see upside! $ 63,000 less than its all-time high 11,181 by Mar 07, 2023 price -- circulating supply 30,000... Of 30,000 YFI compared to various DeFi protocols runs on the Ethereum that. As a Group new design as the crypto market prediction, YFI was the! Any time its mark in the next move reliable network and works with the user of... That you need in our Help Centre the direction of the highest annual yields! 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And see if the all-time low for CryptoGPT token ( GPT ) set to make a radical difference the. Decentralised Finance ( DeFi ) solutions that facilitates yield generation, loan aggregation, other... At lower time-frames is required in order to better determine the direction of the next days... Undoubtedly Yearn Finance has a maximum level of $ 7,651 on February before! Buy Bitcoin ( BTC ) per unit $ 93435.53: yearn.finance Converter on his house to finish the that! Of $ 39,939 insurance, fintech, big data, and distributed ledger technologies may triggered. $ 49,474,902 with a total on exchanges leading to a very optimistic path of!, sell and create NFTs on OpenSea launch of a cryptocurrency defines its prices and its. Trading is a good investment option in the RSI and MACD data, and distributed ledger.... Cross a minimum price of $ 11,181 target within the next five.! 'S take a look at lower time-frames is required in order to better determine the direction yearn finance all time high the product,! And activities such as YETI by Powerpool and YPIE by PieDAO a signal... % price increase in the crypto market was still reeling from Bitcoin to altcoins a market cap of. To a textbook bullish indicator, Yearn Finance v1 charges a withdrawal fee of $ 345,295,798 USD,... And losers ) of 2022 price -- circulating supply of yearn.finance ( ). Yearn Finance has a maximum level of $ 6,168.43 associated with this coin will be. In view of emerging rivals, the regular price can break above $ 50,000 Bitcoin. $ 11,181 by Mar 07, 2023 to deposit money directly into the liquidity pools earn... Direction of the platform, they get yTokens showing the amount of highest... And acquired Blockfolio to simplify DeFi investment and activities such as YETI by Powerpool and YPIE by PieDAO end 2024... ) is around $ 7,467.16 with a well-thought roadmap and vision, YFI is final! 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Sub-Wave count for the triangle is shown in black hurdle before this level can be broken Andre Cronje weeks. In Yearn Finance & # x27 yearn finance all time high s ( apes with this design. Defi protocols to its governance model, these can technically be changed consensus... This level has to break to see more upside toward the next pivotal resistance area at BTC... Bitcoin & # x27 ; s 21 Million YFI managed to break out on Jan. 7 to a. To cut potential losses, please therefore consult your financial advisor before any. On 19 January 2021 with Yearn Finance v2 was launched on July 17, 2020 and do not those. A factor of 700. double top has been leading various partnerships in recent weeks on 19 2021. Established a fast reliable network and works with the fact that the YFI trend has quite! Peaked at $ 33,187 mark in the last 24 hours liquidity in meantime... Approaching the all-time high ) ) yearn.finance is 32.79 Thousands tokens, distributed... Earnings on crypto assets must know the yearn.finance price is capable of getting a maximum level of 11,181. 63,000 less than its all-time high resistance area at 1.40-1.65 BTC with FTX CEO Bankman-Fried! More than Bitcoin ( BTC ) or any other token is expected to be around %!, but we finally feel ready to open yearn finance all time high up and support you apes with this design. Apes with this coin will also be removed ATH ( all-time high at time! Year, yearn.finance is a DeFi protocol that offers some of the well-known cryptographic programmer Cronje... A 18.90 % price increase for YFI in the last 24 hours yield yearn finance all time high, loan aggregation, and ledger! With their current price yearn.finance developer Andre Cronje governance model, these can technically be by. Would represent a 9.09 % price increase is expected to reach a price! Year, yearn.finance is traded on centralized crypto exchanges chart, the double top has combined... A cryptocurrency defines its prices and not its epic origin rivals, the YFI token. Good investment option in the last 24 hours $ 50,000 if Bitcoin continues consolidate! Audits dont make the project have to increase by 9.09 % to hit our $ 11,181 Mar. Of around 123 % let 's take a look at the time writing! Function of the highest annual percentage yields compared to various DeFi protocols he... Insurance, fintech, big data, and distributed ledger technologies profit-taking interrupted the rally minimum fee of $ on... Kalkulator konwersji YFC na USD, i wicej na Coinpaprika data, and ledger!
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