The governance token of yearn.finance YFI’s price value is exploding as the coin has blasted through the $20,000 figure to make a new all-time high. By breaking above this mark, the DeFi coin has also surpassed above the all-time high value of the world’s largest digital currency by market cap Bitcoin (BTC) which is currently trading around the $11k mark.
The Price of YFI skyrockets
The decentralized finance coin YFI has once again posted a potential bullish rally in the market by surging above the past $20,000. During the last 24 hours, the price value of YFI has gained around 30% due to which the coin was able to make a new all-time high value as per the data from CoinMarketCap (CMC).
With the help of this bullish rally, the governance token has been able to leave behind the all-time high value of the leading cryptocurrency Bitcoin which was made in the year 2017. After that, Bitcoin could not reclaim its all-time high value again as it is still struggling to break the resistance of $12,000.
One YFI is worth more than one BTC
The price value of the yearn-finance’s YFI token is now worth more than the price value of one Bitcoin (BTC) at the moment. At the time of writing, the price of YFI is trading at $23,843.95 USD with a change rate of 29.31% in 24 hours while on the other hand, the king cryptocurrency is standing at $11,541 at the moment. This means that the price of one YFI is far more worth than that of one BTC’s price in the market.
The DeFi coin YFI has been showing an outshining performance since the day of its launch. As previously reported by Tokenhell, YFI became the most valuable cryptocurrency in the market by taking over the major cryptocurrency Bitcoin when it recorded a price gain of around 35% to reach $14k. At that time too, Bitcoin was finding a breakthrough through the $12k resistance level.
YFI’s price value is still up by 29.31% which means it may still go further higher in the coming days.
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