Quote from: JahriMeayer on December 16, 2021, 05:35:11 PM

This token was able to hit $43k milestone from $31 within just two months from launch. It might be a simple thing in crypto world but i'm remembering it because of it drew attention when it hit $90,786.89 ATH on May 12, 2021 which is bigger than bitcoin price.

Price of a coins is determined by the circulating supply and current money invested in the price which is the market capitalization. The total supply doesn't even have much effect expect for its physiological effects for those who understands how that can affect the price in the future and influences their decision to invest. This is to say you don't look at the price when considering how effective a project has been. Any coin can come up with just a few supply just to get fomo in and have price higher than Bitcoin, thats doesn't affect Bitcoin in anyway.

Yearn finance and other copycats enjoyed the hype of defi trends and got the most attention because they had low circulating supply and were destined to moon. Immediately the Defi crazy began dieing down so did they also. They got to their milestone based on hype and not because of any uniqueness of their products. Be cautious of investing in similar products with same ideology in future, as they way they got hyped up so will they crash down.