It’s “Bounce or Die” for Yearn.finance’s YFI as Selling Pressure Ramps Up
Yearn.finance’s YFI token has seen some volatility over the past few days and weeks, which has mainly derived from that seen across the entire market. It has been closely mirroring the price action seen by the benchmark cryptocurrency and its other counterparts. Where YFI trends in the mid-term should depend largely on whether or not […]
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Yearn.finance’s price has been caught within the throes of an intense downtrend throughout the past week, which came about due to various factors. The weakness seen throughout the aggregated DeFi sector certainly contributed to the decline Yearn.finance’s governance token – called YFI – has seen as of late, but it appears to have been sparked […]
Yearn.finance’s YFI governance token has been struggling to gain any momentum throughout the past few days and weeks, with buyers aiming at sending the cryptocurrency significantly higher. YFI’s token has been flashing immense signs of strength throughout the past few weeks, with buyers taking control of its price action after massive inflows of selling pressure […]
Yearn.finance’s YFI token has been subjected to immense volatility throughout the past few days, with its price plunging to lows of $7,500 before seeing one of the most intense short squeezes ever. Within hours of tapping these lows, a sudden influx of buy-side pressure sent it rocketing to highs of $18,000, marking a well-over 100% […]
Yearn.finance’s price action has been far from bullish over the past few weeks, with bears aggressively selling into each price pump as buyers continue struggling to gain any traction. There are many different factors behind this descent, including a downturn seen across the aggregated DeFi space, a fractured community, and founder risk that is growing […]
Yearn.finance’s price has seen some turbulence in the weeks following its intense rally to all-time highs of over $40,000. The governance token for the Yearn ecosystem – YFI – has been largely consolidating in the time since, with both buyers and sellers being unable to spark any sustained trend. This may be due to YFI […]