YfDAI.finance Price Overview
The current YfDAI.finance price is 21.470 €. The price has changed by -0.88% in the past 24 hours on trading volume of 31629.36 €. The market rank of YfDAI.finance is 3679 based on a market capitalization of 417876.04 €. YfDAI.finance has a circulating supply of 20603.50 YF-DAI. The highest recorded YfDAI.finance price is 6111.86 €. And the lowest recorded YF-DAI price is 17.460 €.
How do YfDAI.finance price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.
Analysing YfDAI.finance’s price history
Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.
Make sure your price prediction for YfDAI.finance matches your long-term and short-term financial goals.
There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.
Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the YfDAI.finance chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.
In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.
News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?
Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.
Factors influencing the Price of YfDAI.finance
Many factors affect the value of YfDAI.finance.
The YfDAI.finance exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.
Government regulations have a great impact on the price of YfDAI.finance and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.
Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of YfDAI.finance in the news, monitor YF-DAI on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.
Competition and ongoing technological changes make a difference too. Many Web3 tokens are related to established blockchains like Ethereum and Solana. Take Ethereum, for example. The Ethereum Foundation has been open about its plans for introducing new technology to the underlying blockchain. Will those innovations create an opportunity for YfDAI.finance? Or will they close a technology gap, rendering YfDAI.finance less valuable as an investment?
Live YfDAI.finance value and market cap
The live YfDAI.finance exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.
The market capitalisation of YfDAI.finance is equal to the value of YfDAI.finance multiplied by the number of YfDAI.finance in circulation.
Where to buy YfDAI.finance
So you’re ready to jump into the world of cryptocurrency and you want to know where to buy YfDAI.finance (YF-DAI)? YfDAI.finance is available to buy, sell, and use with the Kriptomat Web3 Wallet – the simple and secure way to store your crypto.
What payment methods can I use to buy YfDAI.finance
We’ve made it easy to top up your Web3 Wallet! You can fund your Web3 purchases via SEPA bank transfer, Visa, MasterCard, Apple and Google Pay, or Skrill to buy YfDAI.finance (YF-DAI).
What can you do with your YfDAI.finance?
Buy YfDAI.finance with euros
Access YfDAI.finance tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.
Exchange YfDAI.finance
Swap some or all of your YfDAI.finance for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.
Use YfDAI.finance
Use the YfDAI.finance you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.
Sell YfDAI.finance for euros
Simplify your life with the Web3 wallet that lets you sell your YfDAI.finance for euros in seconds. Easily withdraw to your bank account or bank card.
Earn YfDAI.finance
With YfDAI.finance, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow YfDAI.finance at competitive interest rates.
Hold your YfDAI.finance
Your YfDAI.finance tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.
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YfDAI.finance Price FAQ
What factors influence the price of YfDAI.finance?
Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how YfDAI.finance tracks the overall market, check out our comprehensive cryptocurrency price page.
What is the highest price of YfDAI.finance in EUR?
YfDAI.finance price history shows that YfDAI.finance has recorded a peak value of 6111.86 €.
What is the current price of YfDAI.finance in EUR?
YfDAI.finance is available for immediate purchase at Kriptomat. The current price is 21.470 €.
How can I buy YfDAI.finance?
You can consult an expert to tell you how to buy YfDAI.finance. However, it’s fast and easy to buy YfDAI.finance with the Kriptomat app. YfDAI.finance is available for immediate purchase at the current YfDAI.finance price quote of 21.470 €. Current prices are always displayed in the YfDAI.finance chart.
How much YfDAI.finance should I buy?
If you’re purchasing tokens to use an app or play a game, explore the website and see how much you’ll need. If you’re acquiring YfDAI.finance as an investment, take a look at your financial goals, your investment fund, and your portfolio. Smart investors build portfolios of 10 or more cryptocurrencies, balancing factors like anticipated growth rates, volatility, market niche, and more.
Is there an order minimum?
You can buy YfDAI.finance for as little as €15 but bear in mind the blockchain fees that are charged for DEX tokens.
Is YfDAI.finance easy to sell?
Though it can be difficult to bring yourself to part with any cryptocurrency, Kriptomat has made it as simple as possible to sell your YF-DAI whenever you so choose – 24 hours a day, 7 days a week, 365 days a year.