What is DFI.Money?
YFII Finance official announces for rename of project to DFI.Money, as it is just brand upgrade. DFI Money announces this on official Twitter page on 27 August 2020, as there will no token swap and network upgrade will be happening. however, YFII will transition into DFI and aim to become better, stronger and versatile version of DeFi Finance. Transition only involve change in project name, as ticker symbol will remain same i.e. YFII.
DFI.Money current stated beta project and it is little system of yEarn Finance i.e. in technical world it DFI.Money is fork version of YFI Decentralized Finance project. YFII token will be act as governance token that enable voting and future change of network. currently DFI.money listed DIA, Curve DAO Token, WETH and Chainlink for deposit to earn from farming yield.
Beta version gained huge response from user and after claiming million worth token in market volume. the project already enters into top 10 best Decentralized Finance project list.
DFI.Money Price Prediction
|Month & Year||YFII Price Prediction|
|Based on||Yield Farming|
|All-time high||$5922 USD|
|Exchange Platform||Huobi Global, Uniswap v2. Balancer, MXC, 1inch Exchange, Hotbit, Bilaxy|
YFII Price Analysis
DFI Money is one of the most trending crypto under Top 100, this week because of its shocking and surprising Return on Investment(ROI) for this week and month. You can find detailed price analysis and prediction for DFI.Money(YFII) crypto in the below section. All time ROI of YFII coin is around 800% means if you have invested 10 USD on the day 1 then it could be 80$ within a month.
YFII was registered on CoinMarketCap on 29th July 2020 with maximum supply of 40 thousand YFII coins. Out of total 40k YFII almost all YFII coins are being circulated in the market. Because of such a low availability of DFI.Money crypto, it directly affects on the price or value of 1 YFII coin. At the time of registration price of 1 YFII was about $716 USD and later in 2 3 days it started dropping in dramatic way and reached price of $96 USD within a week.
Later for next 16 days price of 1 YFII coin was fluctuating between $100 to $300 USD. After 19th August 2020, DFI.Money started showing very strong bullish nature and within span of 11 days it crossed milestone of 5 Thousand USD Dollar per YFII coin. This YFII and YFFI are fork cryptos of popular cryptocurrency YFI(Yearn.Finance). This YFI coin has value of 32,000 USD Dollars which is almost 3 times of 1 Bitcoin. Unique thing about this YFI series is they have very limited supply ranging between 30 to 50 Thousand. This YFI coins may have some drops in coming weeks but if you are looking for a long term and high return investment then this could be a good option.
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Will hit $10000 USD?
Possible in 2021 year.
Is DFI.Money a Good Investment?
Yes, better you choose different DeFI project as deposit to earn YFFI.
Yearn Finance almost become faster growing DeFi Project with billion market volume. DFI.Money enable Yield Farming where user can lend assets for generating highest return. However, similarly to Yearn it has feature for allowing different finance on platform for earning passive income. YFFI token also available on different trading platform and gaining huge response. DFI.Money will be biggest project following path of Yearn Finance it will introduced newest feature in Finance.