- Yearn finance records an all-time-high (ATH) price upon reaching $95K.
- YFI introduces the Woofy crypto.
yearn.finance (YFI), the governance token of the Yearn Finance protocol, has smashed an all-time high (ATH) price of $90K for the first time in history. Specifically, the crypto has recorded a whopping growth rate of +62% in the past 7 days. As a result, crypto enthusiasts and analysts in the crypto world cannot help but forecast the potential of YFI to hit $100k in no time.
As seen in the chart above, YFI was able to maintain its uptrend position despite the market dip in the past weeks. Best of all, it was able to boost its price rate to almost +100% in the past 72 hours. As a result, YFI trades at a bullish price of over $80k, a price level favored by global investors.
Furthermore, YFI continuously moves above the Fibonacci level of 0.236, a bullish position. If this trend keeps on, the forecast of crypto analysts might come true and YFI might hit and go over the skyrocketing price of $100k anytime soon.
On the other hand, along with the price surge of YFI comes the introduction of Woofy, a blue dog companion token of YFI (Wifey). Above all, YFI fully supports Woofy.
For those who are interested in Woofy, the crypto can be bought and traded in exchanges such as Uniswap and SushiSwap.
In other news, analysts predict that altcoins could pump their market cap to over 2700% this year. As per the analysts, crypto developers today have many options to consider in creating cryptocurrency. For this reason, many altcoins began to surge their prices and created new all-time-high (ATH) records in the crypto space.
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