Is YFI compitator of bitcoin?

[Ace H Knows]

I dont think so, YFI is just another bubble that can explode soon, the price is absolutely induced by hype. so we better stop comparing it to Bitcoin because BTC has done many trials before it reaches its price today.

[syedrasool2011]

YFI is now 8k btc 15k YFI is so risky be carefull guys loot scamer in DEFI project.

[Altcoin1998$]

YFI is now 8k btc 15k YFI is so risky be carefull guys loot scamer in DEFI project.

Yes sir, you can compare with excellent example of price differences. Bitcoin price movement upward and yfi price movement downward. How can yfi competitive with bitcoin.

[juv3ntus1]

 YFI never will be a competitor of bitcoin because the hype of the farm coins are gone and now all this coins will going to worth nothing.BTc is most popluar and used cryptocurrency in word and will be for a many more years.

[Altcoin1998$]

YFI never will be a competitor of bitcoin because the hype of the farm coins are gone and now all this coins will going to worth nothing.BTc is most popluar and used cryptocurrency in word and will be for a many more years.

YFI never competitors of bitcoin because bitcoin is the best Cryptocurrency in CoinMarketCap and yfi is the 34 over position coins in CoinMarketCap.

[I-Bit]

In what term? In the term of price, yes, YFI is the competitor of BTC, it has a higher rate in very short time passing BTC as well. However, in the term of quality, value, trust, and also reputation, BTC has most, highest that others. I think no altcoin can replace or even pass BTC in this term. I would love this coin forever

[Oxumare]

Of course, YFI cannot be a BTC competitor .. But can it be too high in terms of price.It dropped to $ 7,500 yesterday.It then increased by over 100% in 36 hours, with the price of YFI up to $ 18,000.
According to analysts, the YFI has not reached its highest point according to futures data, and therefore it will come out for an increase.

[Dociko]

The YFI currency was three times more expensive than Bitcoin. As a result, there were various news and discussions on this subject in the cryptocurrency market. This topic was discussed in our forum for a few days. Some users who support YFI say that Bitcoin has taken its place. But that will never happen. Because Bitcoin has been around for a long time. As a result, Bitcoin has both demand and popularity. So this coin will not be able to take the place of any newly selected or new coin, Bitcoin.

[Paglamon]

Bitcoin is a currency that is at the top or number one position in the cryptocurrency market. Although the price of YFI DeFi token is three times more than the currency, it will never be able to replace the status of Bitcoin. Although the price is three times higher but the number of users from Bitcoin is not high. If you look at Total Supply and Max Supply, you will understand why the value of coins has increased so much. But now it has come down a lot from Bitcoin.

[Lorix]

The price of YFI coins was three times higher than that of Bitcoin. Currently Bitcoin has come down a lot. This trend will continue. YFI grew in popularity overnight. Thus, if the price of a coin increases overnight, it will not be able to hold the price in a few markets. This is normal. Because if you want to keep the price, you have to gain popularity gradually. As such Bitcoin has slowly gained popularity.

[hair]

The price of YFI coins was three times higher than that of Bitcoin. Currently Bitcoin has come down a lot. This trend will continue. YFI grew in popularity overnight.

I don't think so. YFI's popularity It has diminished today, Bitcoin has always been the choice of investors and the price of bitcoin has increased

[Istiak]

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?

There is no way it could be. I think YFI just hype and it's market manipulation. You can see now why I am telling this. It was above 40k now it's under 15k. You see what type of situation is here and how volatile that market is? Right now there is no competitor of bitcoin and I do not think there will be any very soon.

[Tnoy30]

The price of YFI tripled from Bitcoin. If you visit to CMC, you will see that the total supply is much less. So I think it's normal for the price of these coins to go up. Because all the members of the team can always think about its improvement. However, the current price of YFI went down from Bitcoin. But again Bitcoin has risen to the top. But people think the market is competitive with each other. I don't care.

[Oxumare]

Mutual funds reentering the DeFi market is a development that puts YFI forward.Because now big companies are adding to their funds like BTC in YFI. I think the YFI price will set a new record in the coming days.It is necessary to follow the di Defi tokens well in the market.

[Seerge]

YFI is still far below Bitcoin, that's what I see.  Even now that Bitcoin is more expensive than YFI, YFI's price has gone down considerably. The popularity of the DeFi project has dropped and I'm not sure YFI's price will ever go up as high as it was some time ago.  People will be afraid of being trapped after buying YFI at a high price, as was the case yesterday.