coinquora.com
The top cryptos and the low-performing altcoins have had a mix of reactions in the crypto space as of late. Many of these digital assets prices soared up tremendously while others faced a downward trend in the crypto market. Of note, along the line, Yearn Finance (YFI) showed its presence extremely amid the crypto price sensation.
Some months back, the YFI token survived and increased drastically by breaking the $90,000 price mark. Worse comes worst, this price surge pushed Yearn.Finance’s profile in the crypto space positively but yet still, couldn’t enter the top 50 cryptocurrencies in terms of market cap.
A few days after it recorded $90k, the price again rallied and plummeted with a massive sell-off. In fact, looking at how Yearn.Finance (YFI) price is not stable these days, many people are wondering with lots of questions as to whether the YFI token will increase again and hit a new record high of $95,000 in the coming days or not. Anything can happen as time flies.
Nevertheless, despite its past activities, Yearn.finance is currently trading at a decent price of $36,152, up by 7.14% in CoinMarketCap, at the time of writing.
Looking at its price today and how it’s still showing green according to CoinMarketCap’s statista, we can only predict that the YFI token might recover in the upcoming days if it maintains its current performance. On the other hand, if it fails to survive too, there is no doubt that the YFI price will drop again.