Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Phu Juck on August 15, 2021, 08:16:53 PM
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Do you know, why Yearn Finance [YFI] is so undervalued?
Currently, it is only Coinmarketcap place 79 and very undervalued for what Defi is in general expected. Yearn Finance was developed as a Defi project by Andre Cronje, like Satoshi Nakamoto invented Bitcoin, making Yearn Finance a Defi original coin:
(https://i.imgur.com/IDwP1nf.jpg)
Andre Cronje made a big invention when he invented Yearn Finance before Defi got famous. Andre Cronje has written such a good code to enable a decentralized finance.
Why do you beleive it is so undervalued?
A few reasons:
- Before Satoshi invented Bitcoin, no coin existed
- Yearn Finance is currently very undervalued because many shit Defi projects are doing a better marketing.
- A low Market cap position makes not many people find Yearn Finance
- Defi is more high risk, Bitcoin is a solid coin
...
Maybe more arguments exist.
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YFI is now priced at $ 39,783, which is pretty good. This coin was previously superior to Bitcoin in price, but this does not mean that it will continue to be so. There was a lot of hype around YFI back then, and this token skyrocketed in value very quickly. Its current price corresponds to the balance between supply and demand. YFI's finest hour has already passed.
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Do you know, why Yearn Finance [YFI] is so undervalued?
Currently, it is only Coinmarketcap place 79 and very undervalued for what Defi is in general expected. Yearn Finance was developed as a Defi project by Andre Cronje, like Satoshi Nakamoto invented Bitcoin, making Yearn Finance a Defi original coin:
(https://i.imgur.com/IDwP1nf.jpg)
Andre Cronje made a big invention when he invented Yearn Finance before Defi got famous. Andre Cronje has written such a good code to enable a decentralized finance.
Why do you beleive it is so undervalued?
A few reasons:
- Before Satoshi invented Bitcoin, no coin existed
- Yearn Finance is currently very undervalued because many shit Defi projects are doing a better marketing.
- A low Market cap position makes not many people find Yearn Finance
- Defi is more high risk, Bitcoin is a solid coin
...
Maybe more arguments exist.
When I look at your advertisement and especially this picture, then I definitely don't want to invest in this project.
Far from it, there aren't even any real arguments for it.