What will be the next move of YFI?

[bnntalk]

Yes, As we know that in the year of 2020 there are lots of Defi Projects was trend in cmc but randomly there are not in the limelight especially YFI. yfi toucg $82K mark in past year but right now $32k on cmc. What will ne the next move as possible?

[masterrex]

Yes, As we know that in the year of 2020 there are lots of Defi Projects was trend in cmc but randomly there are not in the limelight especially YFI. yfi toucg $82K mark in past year but right now $32k on cmc. What will ne the next move as possible?

I think no one knows exactly what will happen next, But one thing is for sure the Yearn Finance, or YFI was still young and has plenty of room to improve more, and all we can do is wait for their next move to bring the platform into the limelight again who knows that $82K previous YFI price will be break or conquered again. 

[makishart]

What will ne the next move as possible?

Im sure that if YFI will not more than 50k. Do you know why? there are some reasons why this token will not see such value again
1. YFI lacks of innovation
2. Too much competitors were offering the same thing with better features
3. It's not also following the trend like NFT

I see that even compound was also getting big impact caused by so many new competitors were coming to the market that offers better thing like farm, NFT and many more.

[Yaunfitda]

Yes, As we know that in the year of 2020 there are lots of Defi Projects was trend in cmc but randomly there are not in the limelight especially YFI. yfi toucg $82K mark in past year but right now $32k on cmc. What will ne the next move as possible?

Yeah, I still remember the hype around this project late 2020 and early 2021.

But just like other hype projects, it will suddenly die down a bit and then forgotten by the market because something new has come up. So they shift their funds to the new hype leaving YFI.

Not really sure what the next move of YFI, maybe you have to check their official social media account to see if they have been some kind of development in the pipeline.

[sunsilk]

Yes, As we know that in the year of 2020 there are lots of Defi Projects was trend in cmc but randomly there are not in the limelight especially YFI. yfi toucg $82K mark in past year but right now $32k on cmc. What will ne the next move as possible?

I remember the craze about these YFI projects but it seems that they're still at a good price. Nobody knows the next thing about YFI projects but as long as they've got a price, they'll just stay until they have no longer liquidity.

People are in NFTs today and it's likely that this is the reason that there's a huge cap that was gone due to it.

[Solanathink95822]

I think no one knows exactly what will happen next, But one thing is for sure the Yearn Finance, or YFI was still young and has plenty of room to improve more.

[bamb]

Yearn finance have had incredible journey since it's launch providing financial services that were not common in cryptocurrency ecosystem. I think yfi will maintain it's market price. What is more important however is the gas fee threat to it's users. It becoming almost impossible to use ethereum blockchain successfully these days!