Why is YFI so high?

[Heron]

Now YFI token price in high. Compared to other tokens, the price of YFI is high due to its unique monetary supply. Its supply is capped at 30,000, which is significantly lower than most digital assets. While the price of YFI has surpassed $16,000, its market capitalization remains below $400 million.

[Fawpac2]

Now YFI token price in high. Compared to other tokens, the price of YFI is high due to its unique monetary supply. Its supply is capped at 30,000, which is significantly lower than most digital assets. While the price of YFI has surpassed $16,000, its market capitalization remains below $400 million.

Their maximum supply is so low than the investors. So tokens price remains high all time. If circulating supply more the. Token values less.

[ranaprime]

Now YFI token price in high. Compared to other tokens, the price of YFI is high due to its unique monetary supply. Its supply is capped at 30,000, which is significantly lower than most digital assets. While the price of YFI has surpassed $16,000, its market capitalization remains below $400 million.

Their maximum supply is so low than the investors. So tokens price remains high all time. If circulating supply more the. Token values less.

I think so. The total supply is very poor for this reason the token price is so high.

[Proton]

Now YFI token price in high. Compared to other tokens, the price of YFI is high due to its unique monetary supply. Its supply is capped at 30,000, which is significantly lower than most digital assets. While the price of YFI has surpassed $16,000, its market capitalization remains below $400 million.

The price of the YFI token was too inflated due to the hype around it and in two months it grew to more than forty-three thousand dollars with a capitalization of just over one billion dollars.  After that, its price dropped to almost $ 8,000 with a capitalization of about $ 240 million.  Now it has risen again to $ 17,409 with a capitalization of $ 521 million.

[Btceth01]

In the first stage, the price of YFI was much lower.  But a few days ago, the price of this YFI went above 43 thousand dollars.  But now its price has come down a lot.

[Sammy9ce]

So high

[Power420]

Now YFI token price in high. Compared to other tokens, the price of YFI is high due to its unique monetary supply. Its supply is capped at 30,000, which is significantly lower than most digital assets. While the price of YFI has surpassed $16,000, its market capitalization remains below $400 million.

YFI We have learned a lot from the idea that you have given a very good idea about tokens.  So thank you for giving such a post.

[Ronald]

Now YFI token price in high. Compared to other tokens, the price of YFI is high due to its unique monetary supply. Its supply is capped at 30,000, which is significantly lower than most digital assets. While the price of YFI has surpassed $16,000, its market capitalization remains below $400 million.

YFI is defi projects and it's circulating supply is so poor. I think this the main reason to reach high.

[Pitter]

Now YFI token price in high. Compared to other tokens, the price of YFI is high due to its unique monetary supply. Its supply is capped at 30,000, which is significantly lower than most digital assets. While the price of YFI has surpassed $16,000, its market capitalization remains below $400 million.

Yes i agree on your comment. The circulating supply is so less then other projects. One another thing that YFI is called the defi project. So investor are curious to invest in this project. Though the price is not so high then before. But this price is not the good price for me.

[Pluto25]

Now YFI token price in high. Compared to other tokens, the price of YFI is high due to its unique monetary supply. Its supply is capped at 30,000, which is significantly lower than most digital assets. While the price of YFI has surpassed $16,000, its market capitalization remains below $400 million.

Their maximum supply is so low than the investors. So tokens price remains high all time. If circulating supply more the. Token values less.

I think so. The total supply is very poor for this reason the token price is so high.

Yes sir yfi Total supply is very low ,,it is only 30k

[Positive]

The low monetary supply was one of the reasons why YFI attracted a lot of crypto investors because they expect the YFI market to experience huge demand when the total 30,000 supply token is reached.

[Fadhilz123]

Defi token, this is the main reason why the price can so high, another reason because the total supply is measly.
Because this is Defi token so people's enthusiasm is so high that's why make the demand increases. High demand less supply = High price

[Bravo]

Three factors likely triggered the rally of YFI to a new all-time high: a potentially new partnership, a listing on Aave, and strong technicals. On Aug. 28, the money market protocol Aave (LEND) listed YFI. Aave is the largest DeFi protocol in the global market with more than $1.52 billion in total value locked.