Phonestly this coin is very new to me just know it when i saw its on most gainer coin on binance, shocked when they is almost surpassed the bitcoin price on binance and keep high day by day, i was planned to invest and buy some this coin, what do you think? is YFI coin are good for long term investment or the hype is gone when the bearish is comming, still doing some research about this project and how developments, if anyone here have invest on this coin, let me know why and what is reason you invest on this project.
It was a relatively new coin with a low total supply of around 30,000 YFI and has a surge when the market on the bull trend. Things like that give you a lot of reasons why the price can increase so much. Right now, circulating supply is 29,962 YFI so most coin already in the hand of investors. If you want to invest in it at now, a slim chance you make back with profit cause above. I think we miss the chance to invest in this early and it becomes too risky for new investors.