Is YFI compitator of bitcoin?

[EAA-ALLAH]

I think bitcoin is a digital cryptocurrency in the world cryptocurrency market and its rank in CMC number one... Otherwise YFI is the 24 ranked DeFi in CMC. But YFI price now 3 times more than bitcoin.

Why someone thinks YFI is the compitator of bitcoin?

[Nostoman]

Bitcoin is ranked No. 1 in terms of coinmarketcap.com ranking. However, Bitcoin is number one in terms of ranking, but also number one in terms of popularity. Because many people exchange their trading to Bitcoin. So I think Bitcoin's popularity is high. But now the YFI market has shown surprises. The price of YFI has risen at a rate that may seem unbelievable but is now a fact. So YFI price 3 times more than Bitcoin. However, the popularity is not high.

[EAA-ALLAH]

Bitcoin is ranked No. 1 in terms of coinmarketcap.com ranking. However, Bitcoin is number one in terms of ranking, but also number one in terms of popularity. Because many people exchange their trading to Bitcoin. So I think Bitcoin's popularity is high. But now the YFI market has shown surprises. The price of YFI has risen at a rate that may seem unbelievable but is now a fact. So YFI price 3 times more than Bitcoin. However, the popularity is not high.

Hey brother you are right because DeFi never cross bitcoin at all because about 80% projects and investors arrange their trading platform with bitcoin pair. Most of the countries in the world directly or indirectly related with bitcoin. So DeFi never replace bitcoin.

[TERMINO]

Because YFI price is greater than Bitcoin. I think that's the only reason why it seems YFI is a competitor to Bitcoin. However, in the future if DeFi will take over the crypto world, YFI will become the rank one in DeFi tokens and could become the rank #1 in cryptocurrency if the popularity and marketcap increase.

[Nostoman]

Bitcoin is ranked No. 1 in terms of coinmarketcap.com ranking. However, Bitcoin is number one in terms of ranking, but also number one in terms of popularity. Because many people exchange their trading to Bitcoin. So I think Bitcoin's popularity is high. But now the YFI market has shown surprises. The price of YFI has risen at a rate that may seem unbelievable but is now a fact. So YFI price 3 times more than Bitcoin. However, the popularity is not high.

Hey brother you are right because DeFi never cross bitcoin at all because about 80% projects and investors arrange their trading platform with bitcoin pair. Most of the countries in the world directly or indirectly related with bitcoin. So DeFi never replace bitcoin.

Yes, our country also has the highest amount of bitcoin transactions. There are many users of Bitcoin in our country. So it is not possible to suppress Bitcoin.

[LogiC]

I think bitcoin is a digital cryptocurrency in the world cryptocurrency market and its rank in CMC number one... Otherwise YFI is the 24 ranked DeFi in CMC. But YFI price now 3 times more than bitcoin.

Why someone thinks YFI is the compitator of bitcoin?

They have different use case bitcoin is a legendary one but of course this is a prime hold. While yfi established the yield farming and being utilized now to earn from locking tvl. Both tokens are great and seems to be have same caliber in different ways.

[ttcsalam]

I don't think it can be compared to Bitcoin.Bitcoin will remain the number one number of all time.I don't think he can get to the top of any coin.However, the top best defies have suddenly created quite a stir in the market.This is definitely a good thing.

[Nostoman]

I don't think it can be compared to Bitcoin.Bitcoin will remain the number one number of all time.I don't think he can get to the top of any coin.However, the top best defies have suddenly created quite a stir in the market.This is definitely a good thing.

Yes. I also think it is not fair to compare any coin or token with Bitcoin. Because the name of a coin established in the Bitcoin market. I would like to give such examples. If you have different types of manager's work. Then you can see that there are some managers who manage a couple of bounty throughout the year, their bounty is successful. So they are successful people. However there are some managers who are not successful even after running a lot of boumty. So they are unsuccessful people. So I think Bitcoin is successful. Bitcoin's popularity is high.

[Malam90]

I think bitcoin is a digital cryptocurrency in the world cryptocurrency market and its rank in CMC number one... Otherwise YFI is the 24 ranked DeFi in CMC. But YFI price now 3 times more than bitcoin.

Why someone thinks YFI is the compitator of bitcoin?

Bitcoin is the king of all cryptocurrency including YFI. Both are different in nature. You can't compare YFI with Bitcoin only with price. Other features like popularity, usages, marketcap will play a big factor where Bitcoin is the top of all crypto. I don't think it is wise to compare YFI with Bitcoin as king (Bitcoin) is all time king.

[EAA-ALLAH]

I don't think it can be compared to Bitcoin.Bitcoin will remain the number one number of all time.I don't think he can get to the top of any coin.However, the top best defies have suddenly created quite a stir in the market.This is definitely a good thing.

I don't think so because YFI a temporary hype and it wouldn't survive long-term. So before investing YFI should be careful.

[UNIVERSE]

From the side of Price, yes, YFI is more than BTC, as a competitor, YFI has a higher price.
However, the rivalry of cryptocurrencies is not always on the price. But its value, trading volume, trust, and also its utility. And here, BTC still doesn't have balanced rivalry.

[Confero]

Currently YFI rank has dropped and is at 41st, maybe YFI uphoria has started to fall and is not as exciting as it was a few weeks ago.  And it needs to be noted that not everyone thinks that YFI is a compitator of Bitcoin, because Bitcoin is a coin that has no equal.

[EAA-ALLAH]

Currently YFI rank has dropped and is at 41st, maybe YFI uphoria has started to fall and is not as exciting as it was a few weeks ago.  And it needs to be noted that not everyone thinks that YFI is a compitator of Bitcoin, because Bitcoin is a coin that has no equal.

The highest rank of yearn.finance in CMC 31 but day by day yearns Finance ranked decreasing and today ranked 41 th. But how can I consider YFI as bitcoin compitator.

[vegasus]

Although many people think that YFI is the competitor of Bitcoin and they think that YFI can beat BTC, I don't think so. Well yeah, it is true that YFI really can pass the price of BTC in very few months. But YFI cannot have a value more than BTC has yet.

[Coin63@]

yearn.finance price today is $14,727.17 USD with a 24-hour trading volume of $276,324,138 USD. yearn.finance is up 8.29% in the last 24 hours. The current CoinMarketCap ranking is #39, with a market cap of $441,339,462 USD. It has a circulating supply of 29,968 YFI coins and the max. supply is not available. You can find the top exchanges to trade. So why we compare YFI as bitcoin competitors. It's a temporary hype in CMC.