Altcoin News- Price dropped around $396.31 from $1221.97 in the last 24 hrs.
- The difference between the current price and ATH is 93.67%.
DFI.Money, alias YFII, is a fork of the Yearn.Finance(YFI), a decentralized finance(DeFi) platform. The token hit a bottom of $396.31 at 10.00 AM on May 25th, which is nearly 78% low in the previous 24 hrs, data as per CMC.
The YFI, the parent token, stopped its minting and farming in July 2020. The motto of YFII is to multiply the returns of prior DeFi investors along with the implementation of the changes proposed. The environment is fully community-owned and it doesn’t boost any benefit such as user or developer rewards.
Current Market Status
The price of YFII at the time of writing is $636.46 which is 93.67% low than its All-Time High (ATH) which is $9,385. The Return on Investment (ROI) is also 2.56% lower. The current market cap is $22 million which is around 50% low.
The circulating supply of YFII is 38596 YFII and the last 24 hrs trading volume is $197 million. The major exchange platforms where YFII tokens are available are Binance, Bitget, CoinTiger, OKX, and so on.
The drop that happened today seems drastic but the officials in DFI.Money are confident enough that YFII will rise back as they have stated the same in their tweet today.
DFI.Money tweet:
Source: https://thenewscrypto.com/dfi-money-reaches-75-low-is-it-next-luna/