Yearn finance (YFI) gains 36% as DeFi tokens follow Bitcoin’s bullish trend
Cointelegraph
Published Oct 10, 2020 02:48PM ET
Updated Oct 10, 2020 04:20PM ET
In the past 72 hours, Yearnfinance (YFI) surged by 58% after dropping to as low as $12,260 at a few exchanges.
Three factors that may have catalyzed the sharp rebound are: YFI had become deeply oversold, lead developer Andre Cronje’s deep commitment to the project and the ever expanding use cases for YFI within a large ecosystem.
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Written By: Cointelegraph
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