YFI will become the #1 in cryptocurrency

[TERMINO]

DeFi tokens seems not affected by Bitcoin price dump.
YFI price $40,176.07 at rank #20 with market capitalization $1.2 B.
If the trend of DeFi will not subside do you think it is possible that YFI will become the #1 cryptocurrency?

[comer]

I don't think YFI could snatch the top position. I Believe it would still BTC that would reign the crypto world. YFI supply is just very low and very prone to manipulation by the whales. YFI hypes are attracting traders and thats the reason why the price is still not decreasing.

[Seerge]

This is amazing YFI continues to show its prowess, YFI was still in position # 23 and now it is in position # 20. 
It really worries about the position of the other top ranking coins, but if to beat Bitcoin I don't think it's possible.

[Noverteno]

Despite such rapid price growth, the YFI token has no chance of becoming the first among the cryptocurrency. The high price is all temporary. Moreover, today the price of this token has dropped to $ 33,622, and the token itself has moved to 22nd position in the CoinMarketCap table.
The YFI token has one billion dollars of capitalization so far. This is very little to qualify for prize places among other types of cryptocurrencies.

[wahyudi]

YEarn Finance (YFI) crypto asset prices soared 330% to IDR 210 million in a matter of days.  Now YFI is more expensive than the most popular cryptocurrency bitcoin which has reached IDR 180 million per 1 bitcoin.

[tervel]

 YFI became the first-ever altcoin to surpass the price of Bitcoin.The sentiment around YFI’s vertical rally since early August remains impressive. Some believe YFI is primed for a pullback. Others foresee more growth potential over the longer term.

[AllSii]

I don't think YFI could snatch the top position. I Believe it would still BTC that would reign the crypto world. YFI supply is just very low and very prone to manipulation by the whales. YFI hypes are attracting traders and thats the reason why the price is still not decreasing.

In order for YFI to be able to overtake bitcoin in terms of capitalization, the 30,000 coins that YFI has will not be enough. The capitalization of YFI is now equal to 150 million dollars, while BTC is equal to 200 billion dollars.

[mahid]

YFI may be the top price of cryptos now a days. But i am not interested in YFI. I always support btc. It is accepted all over the world. Though the price is not so high but it is a permanent king of the cryptos.

[Tanimariya]

Yes, YFI coins are three times more expensive than BTC. I don't know who can beat the popularity of BTC. However, since its total supply is less. So the popularity of btc cannot be underestimated. Because there is use all over the world. So I don't think YFI can take its place.

[Astra]

DeFi tokens seems not affected by Bitcoin price dump.
YFI price $40,176.07 at rank #20 with market capitalization $1.2 B.
If the trend of DeFi will not subside do you think it is possible that YFI will become the #1 cryptocurrency?

No, of course it won't. In order to become the leader of the cryptocurrency, one high price is not enough. A lot more is needed, including one of the highest capitalization levels, and good functionality, and the support of a strong community. The YFI token is only two months old, its current price is more indicative of the expectations of investors for further price growth of this token. If it stops growing and does not meet expectations, then after some time its price will be much lower than the price of Bitcoin. So let's wait a while.

[MrSpasybo]

No no.
Currently BTC's capitalization is 200 times larger than YFI's.
BTC is the king of crypto, while YFI is a DeFi token, at the moment it is increasing in price because of its large profitability, however this momentum, in my opinion, is unsustainable.
If YFI leads the world of crypto then the world of crypto will be destroyed when people lose the notion of the true value of crypto in the economy.

[EAA-ALLAH]

DeFi tokens seems not affected by Bitcoin price dump.
YFI price $40,176.07 at rank #20 with market capitalization $1.2 B.
If the trend of DeFi will not subside do you think it is possible that YFI will become the #1 cryptocurrency?

Today YFI ranked according with daily trading volumes

Top DeFi Tokens by Market Capitalization
Rank   Name   Price
1   LINK Chainlink   $9.54
2   WBTC Wrapped Bitcoin   $10,914.72
3   DAI Dai   $1.01
4   YFI yearn.finance   $25,222.26

[hair]

YFI's performance is indeed very good, prices have increased and trading volume is large. But to be no 1 and beat Bitcoin I think it's impossible

[Octoalts]

Since its appearance, YFI has indeed taken over the attention of many people, its price has increased very sharply and also the position of YFI has risen quite high as well. YFI might be able to beat the position of many Altcoins, but I'm not sure YFI can beat Bitcoin position.  Bitcoin remains number one, even though the Bitcoin price can be overtaken by YFI.

[Malam90]

DeFi tokens seems not affected by Bitcoin price dump.
YFI price $40,176.07 at rank #20 with market capitalization $1.2 B.
If the trend of DeFi will not subside do you think it is possible that YFI will become the #1 cryptocurrency?

Bitcoin marketcap is now $193B where YFI $740M. Can you imagine the difference between the two? To become number one crypto in marketcap, YFI price should be at leaset $5M per YFI. Is it possible for YFI? I hope and sure it is not possible for YFI to be the top coin.