Remember yearn finance (YFI)??

[JahriMeayer]

Generally i was checking altcoins chart on coingecko for trading purpose and i found yearn finance founded by Andre Cronje! This token was able to hit $43k milestone from $31 within just two months from launch. It might be a simple thing in crypto world but i'm remembering it because of it drew attention when it hit $90,786.89 ATH on May 12, 2021 which is bigger than bitcoin price. I'm not comparing it with btc but this is the coin which cross bitcoin price lol.
 What do you think about this altcoin? Will it be worth in upcoming years?

[Fivestar4everMVP]

Generally i was checking altcoins chart on coingecko for trading purpose and i found yearn finance founded by Andre Cronje! This token was able to hit $43k milestone from $31 within just two months from launch. It might be a simple thing in crypto world but i'm remembering it because of it drew attention when it hit $90,786.89 ATH on May 12, 2021 which is bigger than bitcoin price. I'm not comparing it with btc but this is the coin which cross bitcoin price lol.
 What do you think about this altcoin? Will it be worth in upcoming years?

Price does not matter, what matter is market cap, it hit over 90k usd in price, yes, but did the market cap pass that of bitcoin? No!

And also remember that yearn finance is just about 30k tokens in total supply while bitcoin is 21m, with bitcoin's current market cap, what do you think the price of bitcoin will be if total supply of bitcoin was below 50k? $500,000? $1,000,000? Do the calculation yourself and see.
Yearn finance is a good project in the days of its reign, but I think it's outdated now, there are several other better projects to invest in now  rather than tie alot of money into this one.

[Nazmul012]

If anyone create a altcoin with very low supply like only 3k which is 10x smaller than YFI, then that could surpass yearn finance maybe with 10x more value which Won't be wondering but yeah, as far i know, only YFI surpassed btc value for first time. Well i don't Have much to say about YFI. I doubt about its existance cause similar project like YFI come in market as well as performing better than it

[suryogandul]

If anyone create a altcoin with very low supply like only 3k which is 10x smaller than YFI, then that could surpass yearn finance maybe with 10x more value which Won't be wondering but yeah, as far i know, only YFI surpassed btc value for first time. Well i don't Have much to say about YFI. I doubt about its existance cause similar project like YFI come in market as well as performing better than it

not sure all low supply coins can be like YFI.  I think the determining factor for YFI to reach the current price is that the YFI concept is in line with the roadmap and that could be one of the things that makes the public market respond well to YFI.  I think that is the real factor

[TimeTeller]

If anyone create a altcoin with very low supply like only 3k which is 10x smaller than YFI, then that could surpass yearn finance maybe with 10x more value which Won't be wondering but yeah, as far i know, only YFI surpassed btc value for first time. Well i don't Have much to say about YFI. I doubt about its existance cause similar project like YFI come in market as well as performing better than it

not sure all low supply coins can be like YFI.  I think the determining factor for YFI to reach the current price is that the YFI concept is in line with the roadmap and that could be one of the things that makes the public market respond well to YFI.  I think that is the real factor

I remember this project because they are getting traction in the market with their high price.
And before, they had no operational services yet but their price was quite expensive already.
So I was thinking, where did it come from? Seemed that the team injected money in their market before.
But it is good that upon checking the site now, they are out of beta and their services are already up.
I thought, they will never get out of beta. But look at their ATH at 90k. They are way way below from that level now.

[WalkerIVIV]

What do you think about this altcoin? Will it be worth in upcoming years?

the price was so high due to the small tokens in circulation. i shound remind you that if yearn finance hype has also become the main thing that has brought the price into the new ath. yearn finance was the first platform that was introducing the defi concept. people are also very exciting with yearn finance at that time. that's why the price was so high but andre was also creating new project after that called keeper but this one didn't work perfectly like yearn as it's only a reward platform for developers who help developers to fix or find bug. this token is not getting any hype anymore. i doubt if this will become a  good investment next year.

[Questat]

Generally i was checking altcoins chart on coingecko for trading purpose and i found yearn finance founded by Andre Cronje! This token was able to hit $43k milestone from $31 within just two months from launch. It might be a simple thing in crypto world but i'm remembering it because of it drew attention when it hit $90,786.89 ATH on May 12, 2021 which is bigger than bitcoin price. I'm not comparing it with btc but this is the coin which cross bitcoin price lol.
 What do you think about this altcoin? Will it be worth in upcoming years?

It was a sign of short growing but it can't be tested like that. It was very overwhelming to see its price surpassing Bitcoin's ATH but this is not how to measure the capabilities of the project. Might it has but the question is how long it was able to sustain to be at the top of that was we called hype and it suddenly it has gone like a bubble. I don't want to think that sad ends but it was good to familiarize its market potentials or maybe, they could able provide the demand. And if that going to happen, we can expect a long life of this project.

[makishart]

What do you think about this altcoin? Will it be worth in upcoming years?

Yearn finance platform is still having very big TVL despite the fact so many new defi platforms already exist in the market but YFI as the first defi platforms are still become the favorites defi of all passive income hunters.
This will worth to buy but i doubt if the price will be so high again but nothing impossible for this token. The only problem is this defi was lack of innovation. The crypto trend is always moving forward so fast. YFI needs to do what another platforms did to follow the new trend in the cryptocurrency market. So far this token was promising to be used as long term investment and the price looks very stable at this moment too.

[cryptoaddictchie]

Generally i was checking altcoins chart on coingecko for trading purpose and i found yearn finance founded by Andre Cronje! This token was able to hit $43k milestone from $31 within just two months from launch. It might be a simple thing in crypto world but i'm remembering it because of it drew attention when it hit $90,786.89 ATH on May 12, 2021 which is bigger than bitcoin price. I'm not comparing it with btc but this is the coin which cross bitcoin price lol.
 What do you think about this altcoin? Will it be worth in upcoming years?

Who knows it's supply is literaly so small so we can expect it to be more higher on btc if the demand is high. Andre Cronje legacy somehow still here and he keeps innovating since he is a great guy. Luckily those who grab this coin at an early stage cause the price still reasonable and for some reason Cronje is definitely got a lot of supports from technicals and degen hypes. So chances of getting it hike is not impossible.

[Kemarit]

Generally i was checking altcoins chart on coingecko for trading purpose and i found yearn finance founded by Andre Cronje! This token was able to hit $43k milestone from $31 within just two months from launch. It might be a simple thing in crypto world but i'm remembering it because of it drew attention when it hit $90,786.89 ATH on May 12, 2021 which is bigger than bitcoin price. I'm not comparing it with btc but this is the coin which cross bitcoin price lol.
 What do you think about this altcoin? Will it be worth in upcoming years?

I can't remember if it hits that all time high price  which is bigger not anyone else have seen in the market so far. But in any case, yeah, I still remember it, a lot of hype around it sometime ago, and scammers are cyber criminals used to target it and create a lot of fake and similar YFI finance sites and many has join the bandwagon.

But for me this is just a hype, so not sure if it will be worth in the future or not.

[dansus021]

Price is matter but eveyrone can make low supply ex.100 and add liquidity on pancake and boom your token cmight supprass the bitcoin price

in fact before token exist there altcoin have high price


but YFI is still considering good token still on top 200 MCap and good development so you can give a shot

[cabron]

Not very much interested in the token but I remember this is one of the first Defi projects. I have learned nothing about them, however. The token was in the top 50 in early 2021, seem very odd to see only a few people are talking about the project and not many social media anymore for it. We're only reminded again of the project when it goes more than 80K.

It's once again in the bottom price, anyone is buying could get a good profit if this correct won't continue to bear market.

[passwordnow]

Generally i was checking altcoins chart on coingecko for trading purpose and i found yearn finance founded by Andre Cronje! This token was able to hit $43k milestone from $31 within just two months from launch. It might be a simple thing in crypto world but i'm remembering it because of it drew attention when it hit $90,786.89 ATH on May 12, 2021 which is bigger than bitcoin price. I'm not comparing it with btc but this is the coin which cross bitcoin price lol.
 What do you think about this altcoin? Will it be worth in upcoming years?

I've remembered that coin and it has started the 'finance' saga. Well, just like the meme coins, it was on hyped before but right now. I don't think that it's a good investment for me.
If there's still a large demand for it, think before buying it, and if that's enough for you to believe in this project. Yeah, the price is high and we don't mind even it goes higher than bitcoin but this time, we don't know if it will still.

[tsaroz]

Generally i was checking altcoins chart on coingecko for trading purpose and i found yearn finance founded by Andre Cronje! This token was able to hit $43k milestone from $31 within just two months from launch. It might be a simple thing in crypto world but i'm remembering it because of it drew attention when it hit $90,786.89 ATH on May 12, 2021 which is bigger than bitcoin price. I'm not comparing it with btc but this is the coin which cross bitcoin price lol.
 What do you think about this altcoin? Will it be worth in upcoming years?

I remember that moment. It was for some days at higher price than bitcoin at that time. Actually it was my friend who found out the price and I was making fun of him saying no coins are as valuable as bitcoin. And I was found wrong.
YFI is still over 30.5K and is going strong and has a fantom version as Ethereum is hard to work with. But I don't think it would rise similar to bitcoin as there's a lot of competition in DEFIs and investors seems to be focused on diversifying.

[MAAManda]

Yearn Finance is an Altcoin with DeFi utility, I don't think it's worth buying it now, because there are so many Altcoins with other DeFi utilities that still have a low market cap.

If you ask me for advice, then I would suggest looking for other Altcoins that are in the early stages to get more profit.

[palle11]

I remember when YFI was listed first above bitcoin on CMC and that caused many reactions that bitcoin is losing spot but people didn't know that bitcoin still has volume above the token and currently YFI is taking it back stage below bitcoin. About investment on it, I will still prefer bitcoin far above it.

[Ulven]

With the total supply of YFI coin, which does not exceed 36,666 tokens, it can achieve a fantastic price in the event that large funds are invested by financial institutions and large investors, but it cannot achieve a market value higher than the market Bitcoin, for this reason, it is unlikely that the price of yearn finance will greatly increase.&&
YFI can create a huge success in the crypto-world, but along with it, we also need to prepare itself for the road ahead of us, including security and other aspects we have to keep in mind before investing.

[Mpamaegbu]

but did the market cap pass that of bitcoin? No!

Its marketcap couldn't surpass Bitcoin at the time it hit that ATH simply because it's total supply is 36,666 while Bitcoin stood at a whopping 21 million (when compared to YFI). At a point, because of what the YFI token achieved within a short time, developers of new projects at the time had to add the "YF" tags to their projects, the same way a lot did with "Shiba" and "Inu" when Shiba Inu became a hit. Well, on YFI; I believe that it's going to stay a lot longer on the scene. It's not going to be a flop like many projects before and after it. It sits currently at $31k plus, slightly around $15k less than what Bitcoin price is today. That's a good thing. It still shows strength.

[crzy]

I remember when YFI was listed first above bitcoin on CMC and that caused many reactions that bitcoin is losing spot but people didn't know that bitcoin still has volume above the token and currently YFI is taking it back stage below bitcoin. About investment on it, I will still prefer bitcoin far above it.

That was amazing moment to see other altcoins takes over Bitcoin, but it didn’t last since this is not good fundamentally compare to Bitcoin and still the support of Bitcoin was big as expected and that’s why it was able to rise again. Honestly, without a hype no altcoins can take over Bitcoin in just a months, that’s not healthy for me.

[Johnyz]

Full of hype that did’t last longer to protect its value and I still see this as a risky project before fortunately I didn’t join the hype and choose to invest on Bitcoin instead, now I’m still buying because the price is cheap and this is a good time to buy more. There’s a lot of hype tokens before, most of them is dead already.