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Market Leading Trader: I’m HODL This Altcoin! Will Hit $ 100 Thousand

Successful crypto analyst and trader Josh Rager shared his new analysis of altcoins

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Market Leading Trader: I’m HODL This Altcoin! Will Hit $ 100 Thousand

Josh Rager says to his 80,000 followers on Twitter that he believes YFI has a lot of room to grow if it can resist the urge to take profit. Josh Rager adds the following to his comments on the subject:

I BOUGHT THREE YFIS FOR AROUND $ 2,500  . THE TWO WERE SOLD TOO SOON… THE TOTAL VALUE MAY NOW BE CLOSE TO $ 50,000. BUT I KEPT ONE AND WON’T SELL UNTIL THE PRICE GOES ABOVE $ 100,000. ITS HIGHEST LEVEL SO FAR IS ABOVE $ 16,100.

Yearn Finance
Yearn Finance

Veteran analyst: YFI outperformed Bitcoin

Josh Rager points out that YFI is currently outperforming Bitcoin (BTC), and it’s happening in a relatively short period of time. Josh Rager adds the following to his comments on the subject:

I GUESS THAT 1 YFI EQUALS 1 BTC… IMAGINE YOU BOUGHT BITCOIN AT $ 2,000 A MONTH AGO AND INCREASED TO ITS CURRENT $ 12,000. EVERYONE DIES FOR THIS OPPORTUNITY. BUT YFI DID THAT….

According to experts, although YFI offers attractive opportunities, there is a huge risk of devaluation!

YFI is the governance token of the decentralized finance (DeFi) protocol yearn.finance. Yearn.finance is a DeFi protocol launched by developer Andre Cronje in July. It is a protocol that claims to give token holders all the power to run the network. According to experts, although YFI offers an attractive use case, there is always a huge risk of devaluation. 

This Altcoin Called "Totally Worthless" Soared 50 Percent Over One Night!
Altcoin

What is the latest situation in the price of YFI, the rising star of the last period?

The cryptocurrency YFI is trading at $ 12,994, down 12.2 percent at the time of writing. Altcoin currently has a market value of $ 389.3 million. YFI manages a last 24-hour trading volume of $ 80.3 million at market capitalization at the time of writing.

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