Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: Heron on October 25, 2020, 01:37:29 PM

Title: Why is YFI so high?
Post by: Heron on October 25, 2020, 01:37:29 PM
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.
Title: Re: Why is YFI so high?
Post by: Fawpac2 on October 26, 2020, 08:40:44 AM
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.
Title: Re: Why is YFI so high?
Post by: ranaprime on October 28, 2020, 07:06:51 AM
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.
Title: Re: Why is YFI so high?
Post by: Proton on November 10, 2020, 10:29:55 PM
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.
Title: Re: Why is YFI so high?
Post by: Btceth01 on November 11, 2020, 01:41:07 AM
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.
Title: Re: Why is YFI so high?
Post by: Sammy9ce on November 13, 2020, 01:34:46 PM
So high
Title: Re: Why is YFI so high?
Post by: Power420 on November 13, 2020, 03:26:39 PM
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.
Title: Re: Why is YFI so high?
Post by: Ronald on November 16, 2020, 10:40:51 AM
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.
Title: Re: Why is YFI so high?
Post by: Pitter on November 16, 2020, 12:03:08 PM
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.
Title: Re: Why is YFI so high?
Post by: Pluto25 on November 16, 2020, 12:13:38 PM
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
Title: Re: Why is YFI so high?
Post by: Positive on November 17, 2020, 12:21:59 AM
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.
Title: Re: Why is YFI so high?
Post by: Fadhilz123 on November 17, 2020, 03:11:18 PM
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
Title: Re: Why is YFI so high?
Post by: Bravo on January 27, 2021, 09:52:47 PM
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.