Top DeFi Token Yearn.finance (YFI) Craters 20%: Why Analysts Remain Bullish
Yearn.finance (YFI) has embarked on a parabolic run-up over the past few days. The Ethereum-based asset traded at $4,200 one week ago, and yesterday, it reached $16,500. This is a gain of almost 300% in around seven days.
The asset is beginning to reverse, though. YFI is down 20% in the past 24 hours as the market seemingly believes the asset is overbought or overvalued in the near term.
Here’s…
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