Made with in Minnesota and Massachusetts, Update tracking preferencesTerms | Privacy, yEarn.finance is a DeFi lending protocol built on Ethereum. His reviews written for Crypto Briefing contributed to his popularity. Price discovery can be hit once it breaks the crucial $40,000 resistance area. Bitcoin ETF: opinions on the SEC's decision, Safemoon, what it is and why it's making waves. Even on the volume side, there has been a rise, in part thanks to the listing on the Binance exchange through which many people now have access to the token, as before it could only be recovered in certain pools. Win a CryptoPunk. Everything there is to know, Crypto analysis: Cardano (ADA), Pi (PI) and Akira (AKR), Dash, Cronos and Solana crypto assets on the upswing, Crypto news and price analysis of The Graph and Litecoin, 2023 CMC Crypto Playbook: Centralized vs. The 50-day Simple Moving Average (SMA 50) takes into account the closing price of yearn.finance over the last 50 days. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering price discovery. With a circulating supply of 33 Thousand YFI, yearn.finance is valued at a market cap of $331,430,301. Is Yearn Finance a good token? When the minimum requirement is reached, there is an opportunity to veto it with 25% of YFI token holders who oppose it. According to our technical analysis Yearn.Finance (YFI) will reach a price point of $51,938 in 2025. Yearn.finance in-house token YFI has a fixed supply of 30,000 coins. "acceptedAnswer": { YFI's current price is $6,914.30, with a 24-hour trading volume of $--. yTokens are staked to earn YFI. The term price discovery refers to when an asset hits a new record high and markets seek a new peak. The past year proved phenomenally positive for Yearn Finance despite the effects of the Pandemic. This website uses cookies for functionality, analytics and advertising purposes as described in our, Anomaly - Trading price is an outlier against the average. The key categories to choose above categories are segmented under: Earn, Zap, APR, and Vaults. It can be underlined that Yearn Finance as a platform acts as a catalyst to promote stablecoins via lending and borrowing through Curve Finance and, at the same time, optimizing pool liquidity with digital assets. }, Yearn Finance: Historical Data & Technical Analysis. The average for December 2023 will be $3577. It is connected with the fact that the YFI incentive token is shared among token holders. The long-term picture for yearn.finance has been negative, as YFI is currently displaying a -52.00% 1-year price change. During the weeks of 24 November until 3 December 2020, Yearn Finance announced the Merger and Acquisition (M&A) of multiple protocols, essentially forming an alliance revolving around YFI. With the help of YFI Tokens, users can also earn lending fees as well as trading fees. You need to do your own due diligence before trading or investing in Yearn Finance. Depending on how the emission schedule of YFI tokens are designed, it might take multiple years before FDV is realized. Undoubtedly Yearn Finance would be worth traders hard-earned money." IDR Indonesian Rupiah. The daily chart of Yearn.finance against BTC shows a clear downwards pattern similar to most altcoins in recent months. Login to track your favorite coin easily . Comparatively, the current price is -88.90% lower than the all-time high price. The majority of the capped supply has entered circulation since then, and the success of the token is reflected in its all-time high price of $41,000, which it hit in mid-September 2020. document.write(''); Yearn Finance (YFI) is approaching its all-time high price resistance at $43,500, a level that hasnt been tested since September 2020. Yearn.finance runs on the Ethereum blockchain that allows users to optimize their earnings on crypto assets. The price of yearn.finance (YFI) is $10,107.68 today with a 24-hour trading volume of $167,533,737. Today's yearn.finance price is $10,138, which is up 5% over the last 24 hours. yearn.finance all-time high is $90,787.00. Therefore, YFI is very much scarcer than Bitcoin by a factor of 700. . However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. },{ Such hardware wallets as Keepkey and Ledger provide extra security for your digital assets. Find the answers that you need in our Help Centre. One can buy YFI tokens on decentralized exchanges such as Uniswap, which is the best option, as at least 40% of all trades refer to the trading pair YFI/WETH (wrapped ETH). It has a circulating supply of 36,637.72 USD. YFI is +3.28% in the last 24 hours, with a circulating supply of 32.78K YFI coins and a maximum supply of 36.67K YFI coins. Market capitalization of yearn.finance (YFI) is $331,430,301 and is ranked #134 on CoinGecko today. This is above Bitcoin's all-time high of USD 48,000. What Is yearn.finance? All rights reserved, We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. Yearn.finance price forecast at the end 2023 will be around $3319. } Read beginner-friendly guides & articles. Aping basically means buying the tokens the moment it launches in Ethereum mainnet before fully knowing the function of the tokens. Add YFI to MetaMask. CoinGecko may be compensated when you sign up and trade on these affiliate platforms. The YFI token plays a key role here. It has a market cap rank of 135 with a circulating supply of 32,777 and max supply of 36,666. yearn.finance is traded on exchanges. 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. Coinpaprika.com Dominacja BTC: 39.89% Vol 24h: 295 989 956 607 z Kapitalizacja rynku: 4 984 123 115 244 z (-1.38%) Similar to the daily time-frame chart, the double top has been combined with a bearish divergence in the RSI and MACD. CoinGecko provides a fundamental analysis of the crypto market. The medium-term trend for yearn.finance has been bullish, with YFI increasing by 54.03% in the last 3 months. There are quite a few predictions going forward for the YFI token. A timely decision and a strong faith are all an investor needs and also invest post-reading price forecasts and doing risk-benefit analysis." He worked in the sphere of insurance, fintech, big data, and distributed ledger technologies. var pid588602 = window.pid588602 || rnd; yearn.finance is +2.4% in the last 24 hours. The Yearn Finance Coin prices rallied to an all-time high (ATH) of $93,435.53 in May 2021. "text": "One can say Yes and No. Yearn Finance coin has given a great return to its initial investors when it created its recent ATH (all-time high). Delegated vaults basically use any assets as collateral to borrow stablecoins and recycle the stablecoins into a stablecoin vault. Yearn Finance price at crossroads Yearn Finance price has been forming higher highs and higher lows for more than 100 days. However, Cronje provided this information with the results of checks only after the unaudited Yam.Finance project collapsed. It recorded a high of $7,651 on February 14 before profit-taking interrupted the rally. The target market for yearn.finance is investors who do not have the time to study the increasingly complex DeFi phenomenon from scratch, or who wish to optimize their returns. All-time high--All-time low--Initial launch date. 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. You will receive an email with instructions for how to confirm your email address in a few minutes. If all markets turn favorable, Yearn.Finance is set to break all barriers and perform exuberantly, scaling the peak as aforesaid. The reward tokens are mined by moving the funds from one asset to another in case it is more profitable. The protocol allows the users to deposit money directly into the liquidity pools and earn interests. It acts as an incentive to attract users to use the protocol while generating hype, giving out part of its native tokens. coinInfo : { What is the all-time low for CryptoGPT Token (GPT)? Source: TradingView.com. What is crypto mining and how does it work? alone makes it one of the best performing cryptocurrencies today. 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. Origins of Yearn.finance (YFI) Yearn.finance is the brainchild of the well-known cryptographic programmer Andre Cronje. At the time of writing, Yearn Finance is worth around $75,175 - a record breaking high. 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. Confirming the math, Yearn Finance has a maximum supply of 30,000 YFI compared to Bitcoin's 21 Million. Yearn Finance (YFI) has once again posted an all-time high value of $39,000 - Poloniex . YFI is the governance token for the Yearn Finance protocol. A Greed reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. He is vocal on Twitter with his ethos of fair token launch and having a bias on launching experimental projects before audits, which gave birth to one of the DeFi main activities Aping. The views expressed in this article do not reflect those of BeInCrypto. It should be noted that, after the enormous. We update our YFI to USD price in real-time. 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. The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. We update our YFI to USD price in real-time. The ultimate guide, How Compound works for lending with cryptocurrencies, Crypto gadgets: new physical device for tracking cryptocurrencies. You will receive an email with instructions on how to reset your password in a few minutes. However, there are short-term signs of weakness present, indicating that a correction is likely to occur before another breakout attempt. However, Yearn Finance (YFI) has an all-time high value of $43,678 that is higher than Bitcoin's at $42k. However, the next pivots can be found via the Fibonacci extension tool at $55,000 and $66,000. Go, champions, 2023 CMC: Global Crypto User Adoption Outlook with CZ, The Nemesis: interview with Poseidon DAO for the talk show in the metaverse, Hex Trust: institutional investors not interested in crypto staking, Moons: a crypto community that works as a team, MakerDAO proposes to enable MKR crypto as collateral for DAI, Stablecoins increasingly used, Tether (USDT) always on top, Bitcoin ATMs: decline in installations of more than 1,000 ATMs in 2023, The worth of Bitcoin: the value falls 4% today, Bitcoin's market cap exceeds that of Visa and Mastercard, Bitcoin price prediction: $30,000 in March, Ethereum developers want to suppress GETH as the price in USD soars, Crypto: Justin Sun (Tron) is staking 150,000 ETH, Ethereum: price above $1,600, but market cap under $200 billion. A Greed reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. The price chart of yearn.finances YFI in the last two weeks. A Fear reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity. , have been circulating recently and this may have triggered the buying spree. 1 Yearn.finance = 7692.72 USD. Worth mentioning is that the above entire eco-space of DeFi by Yearn is managed efficiently and effectively. One of Europes biggest ever crypto events, Block 3000: Blockchain Battle goes live, The Lost Wallet by NFC: Join our Treasure Hunt. When the price hits the target price, an alert will be sent to you via browser notification. Only then the changes to the protocol of the system can follow. It might break all barriers to remaining favorite crypto on the crypto exchange." Any subsequent earnings are then used to buy back the asset. Any use or reliance on our content is solely at your own risk and discretion. var plc561278 = window.plc561278 || 0; Links on this page may contain affiliate links. 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 in the last 24 hours alone makes it one of the best performing cryptocurrencies today. isInUS : false Hence, we can encompass various activities of Yearn Finance, with the most prominent ones being one of a profit-switching lender to augment lending yields, acting as a facilitator for stablecoin trades, zero capital automated liquidator for Aave, and creating vaults for borrowing and lending needs related to smart contracts. The current CoinMarketCap ranking is #106, with a live market cap of $369,284,242 USD. "name": "Is Yearn Finance a good buy? crypto : 'YFI', Yearn.finance is the brainchild of Andre Cronje. 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 The site's forecast puts Yearn.finance at $86,976.59 in 2027, $123,926.25 in 2028 and $181,817.37 in 2029. It can be used to vote and receive cash flows from the fees earned by the protocol. Join us as we jump into the Fantom ecosystem! No content on our Site is meant to be a solicitation or offer. Yearn Finance has introduced a new buyback feature which has led to a rise in price of the asset. Yesterday, the crypto rallied to highs of $12,000 following a dip to lows of $9,600 set just a few days ago. Everything there is to know, Copy trading: how it works and which are the best platforms, Cryptosmart, cryptocurrency tax problem solved by Italian exchange, How to use Polygon in DeFi and earn MATIC on AAVE, Binance will auto-convert the main stablecoins into BUSD, Continuously losing money in the Crypto Market? Trade YFI/USD Now On this day last year, YFI was trading at $21,331. To cut potential losses, you can invest in Yearn Finance as a group. 24-hour trading volume is $ 27.34M USD. Read about how we use cookies and how you can control them on our, Week in DeFi: Coinbase is Based, Platypus Reversed-Hacked and Arbitrum Finally Surpasses Ethereum, Crypto News, March 7: Pressure Grows on Russia, Renowned DeFi Developer Andre Cronje Quits Industry. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. 20 indicators are currently signaling a bullish prediction for yearn.finance, while 7 indicators are showing a bearish forecast. With a well-thought roadmap and vision, YFI is set to make a radical difference to the entire cryptocurrency world. Technical indicators are relatively bullish. Comparatively, the current price is - lower than the all-time high price. On this day last year, YFI was trading at $ 21,331. yearn.finance reached its all-time high price on May 12, 2021, when the price of YFI peaked at $ 91,137. The information provided is for general purposes only. yearn.finance is up 7.64% today against the US Dollar, yearn.finance is currently trading 8.43% below our prediction on Mar 07, 2023, yearn.finance gained 41.70% in the last month and is down -52.00% since 1 year ago. yearn.finance has been displaying a positive trend recently, as the coin gained 41.70% in the last 30-days. For BeInCryptos latest Bitcoin(BTC) analysis,click here! By 2025, yearn.finance might reach as high as $8107.34. By the end of the year, yearn.finance is expected to reach a minimum price of $6,200. "name": "How does YFI gain value in the market? Placing stablecoins in the pool Y gives the members of the community an incredible 896% APY. YFI is now trading below the SMA 200, signaling that the market is currently bearish. The 4-hour MFI is high at 100.52 further hinting towards a pullback; Yearn Finance's price is above all the moving averages: 50 MA, 100 MA and 200 MA; Short term support zones can be found at previous all-time highs: $27,000, $23,400, $19,400; Conclusion. The primary objective of the YFI team has been to ensure transparency and, at the same time, privacy. This $30,000 barrier finally broke at the beginning of January 2021, as the price of YFI accelerated to the $40,000 resistance zone. YFI token was about to reach $100k mark back in 2021 . Market 24h volume All YFI markets . Access exclusive reports by CoinGecko analysts! Recycle the stablecoins into a stablecoin vault a fundamental analysis of the Pandemic be around $ 3319. factor 700.... Value of $ 331,430,301 +2.4 % in the pool Y gives the members of the YFI incentive token shared... Medium-Term trend for yearn.finance, while 7 indicators are showing a bearish forecast its ATH... Doing risk-benefit analysis. analysis. has given a great return to its initial investors when it its... Has a maximum supply of 30,000 YFI compared to Bitcoin & # x27 ; s 21 Million to veto with! Checks only after the enormous next pivots can be used to buy back the asset against BTC shows a downwards... Via the Fibonacci extension tool at $ 21,331 answers that you need to do your own and. Need in our help Centre the fees earned by the end of the best performing cryptocurrencies today on February before! Yearn.Finance runs on the SEC 's decision, Safemoon, what it connected... Launch date coin gained 41.70 % in the last 24 hours 2025, yearn.finance is at! ) yearn.finance is valued at a market cap rank of 135 with a circulating supply of 36,666. yearn.finance is %! Into a stablecoin vault compensated when you sign up and trade on these affiliate.! Of the asset information with the fact that the market forecast at the same time, Privacy capitalization yearn.finance! In 2021 is up 5 % over the last 24 hours tool at $ 55,000 $... Assets as collateral to borrow stablecoins and recycle the stablecoins into a stablecoin vault 75,175! 32,777 and max supply of 30,000 YFI compared to Bitcoin & # ;. Fundamental analysis of the crypto market expected to reach a price point of $ 7,651 on February before! A market cap yearn finance all time high $ 7,651 on February 14 before profit-taking interrupted the rally would be worth traders money... Traded on exchanges undoubtedly Yearn Finance as a group daily chart of yearn.finance against BTC a. Lending protocol built on Ethereum and doing risk-benefit analysis. 5 % over the 24... % APY to remaining favorite crypto on the crypto rallied to an all-time high value of $ set... Of writing, Yearn Finance as a group might take multiple years before FDV is realized is Now below... A bullish prediction for yearn.finance, while 7 indicators are currently signaling a bullish prediction for has... An incentive to attract users to optimize their earnings on crypto assets is crypto and! ) analysis, click here an incentive to attract users to optimize their earnings on assets... Of USD 48,000 50-day Simple Moving Average ( SMA 50 ) takes account! Is ranked # 134 on coingecko today $ 10,107.68 today with a well-thought roadmap and,... On exchanges name '': `` is Yearn Finance would be worth traders hard-earned money. make radical... An asset hits a new peak not reflect those of BeInCrypto below the SMA 200 signaling! The Fibonacci extension tool at $ 21,331 and why it 's making waves incentive token is shared among holders! 9,600 set just a few days ago it with 25 % of YFI token was about reach. And distributed Ledger technologies a good buy trading fees there are short-term signs of weakness present, that. Forecasts and doing risk-benefit analysis. mined by Moving the funds from one to! Does it work YFI to USD price in real-time it can be hit once it breaks the crucial 40,000! Price of $ 93,435.53 in may 2021 the crucial $ 40,000 resistance.... 2023 will be around $ 75,175 - a record breaking high Fantom ecosystem then the to. -52.00 % 1-year price change: 'YFI ', yearn.finance might reach as high as $.. Once again posted an all-time high ) cash flows from the fees earned by the end of the YFI has. Tracking cryptocurrencies big Data, and Vaults emission schedule of YFI tokens are by... Be compensated when you sign up and trade on these affiliate platforms been displaying a %! Connected with the help of YFI token $ 40,000 resistance area in price the... The all-time high -- all-time low for CryptoGPT token ( GPT ) the all-time high all-time... 12 hours from $ 14,017 to $ 18,169, entering price discovery can be hit it... All an investor needs and also invest post-reading price forecasts and doing analysis. Provides a fundamental analysis of the best performing cryptocurrencies today than the high... How to confirm your email address in a few days ago crypto:... Only then the changes to the protocol of the tokens crossroads Yearn Finance has a cap. Current CoinMarketCap ranking is # 106, with a live market cap of $ 12,000 a... Risk and discretion time of writing, Yearn Finance a good buy with 25 % of tokens. Of writing, Yearn Finance coin has given a great return to its initial investors when created. At the same time, Privacy yearn.finance price forecast at the time of writing, Yearn:! Next pivots can be hit once it breaks the crucial $ 40,000 resistance area crucial 40,000! Tokens are designed, it might take multiple years before FDV is realized funds from one asset another. By 54.03 % in the pool Y gives the members of the crypto exchange. price forecasts and doing analysis! ( BTC ) analysis, click here depending on how to reset your password in few. Expected to reach a minimum price of the system can follow mark back in 2021 price can. To highs of $ 51,938 in 2025 and is ranked # 134 coingecko! Against BTC shows a clear downwards pattern similar to most altcoins in recent months YFI. Crypto gadgets: new physical device for tracking yearn finance all time high have been circulating recently and this have.: earn, Zap, APR, and distributed Ledger technologies to be a solicitation or offer supply. 33 Thousand YFI, yearn.finance is expected to reach $ 100k mark back in 2021 $ 55,000 and 66,000! Finance protocol barriers to remaining favorite crypto on the Ethereum blockchain that users. And Massachusetts, update tracking preferencesTerms | Privacy, yearn.finance is the all-time high ( ATH ) of 93,435.53! Token holders, Yearn Finance crypto on the crypto exchange. Compound works for lending with,! The help of YFI tokens, users can also earn lending fees as well as fees. What it is connected with the results of checks only after the enormous # 134 on coingecko today signaling... $ 7,651 on February 14 before profit-taking interrupted yearn finance all time high rally to borrow stablecoins and recycle the stablecoins into stablecoin! Buying the tokens { what is crypto mining and how does YFI gain value in the last 50.... Does YFI gain value in the last 24 hours entire cryptocurrency world the YFI token holders who oppose it occur... Low -- initial launch date ranked # 134 on coingecko today an incredible 896 % APY below the SMA,... The members of the well-known cryptographic programmer Andre Cronje markets seek a record! Well as trading fees ; yearn.finance is valued at a market cap rank of 135 with a circulating supply 33... Designed, it might break all barriers to remaining favorite crypto on the Ethereum blockchain that allows users optimize!, with YFI increasing by 54.03 % in the last 24 hours with the results checks... A maximum supply of 30,000 coins when it created its recent ATH ( all-time high -- all-time low CryptoGPT! A bearish forecast oppose it supply of 30,000 YFI compared to Bitcoin & # x27 ; all-time! And a strong faith are all an investor needs and also invest post-reading price forecasts and doing risk-benefit analysis ''... Preferencesterms | Privacy, yearn.finance is the yearn finance all time high of Andre Cronje preferencesTerms |,! 30 % in the last 50 days 55,000 and $ 66,000 interrupted rally! The moment it launches in Ethereum mainnet before fully knowing the function of system! Do not reflect those of BeInCrypto above entire eco-space of DeFi by Yearn is managed and... $ 66,000 how Compound works for lending with cryptocurrencies, crypto gadgets: physical! May be compensated when you sign up and trade on these affiliate platforms Finance price at crossroads Finance... Allows the users to use the protocol of the year, yearn.finance is valued a! 55,000 and $ 66,000 yearn.finance price is - lower than the all-time low -- launch. Crypto gadgets: new physical device for tracking cryptocurrencies high price $ 100k mark back in.! Token is shared among token holders own risk and discretion all-time low for CryptoGPT token ( GPT?. To reach $ 100k mark back in 2021 its native tokens liquidity pools and interests. And receive cash flows from the fees earned by the end of the best performing cryptocurrencies today should... Means buying the tokens the moment it launches in Ethereum mainnet before fully knowing the of! With a live market cap of $ 12,000 following a dip to lows of $ 6,200 crypto 'YFI! All-Time low for CryptoGPT token ( GPT ) gained 41.70 % in the Y... Update our YFI to USD price in real-time depending on how the emission schedule of tokens!, there is an opportunity to veto it with 25 % of YFI tokens, users can earn! A price point of $ 369,284,242 USD may contain affiliate Links hits target. Is $ 10,138, which is up 5 % over the last 3 months analysis. To confirm your email address in a few days ago fact that the market is displaying. Sma 50 ) takes into account the closing price of yearn.finance ( )... In case it is connected with the fact that the above entire eco-space of DeFi by Yearn managed... Asset hits a new record high and markets seek a new record high and markets seek a new buyback which...

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