Cryptocurrency Price Prediction

YF Link Price Prediction 2022, 2023, 2024, 2025: Is YFL Dead?

Author: Elena R

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Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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YF Link is a fork of the popular yearn.finance (YFI) which combines Chainlink’s “LINK” token with Yearn Finance’s yield farming/liquidity mining mechanics. YFL is a project which can be easily adopted by the Chainlink enthusiasts, known as ‘Link Marines’.

The YFL price rose at a remarkable rate towards the end of 2021. Despite certain pullbacks, the price showcased a pretty good momentum to regain the lost positions. However, the run since the start of the year has been fairly bearish. 

Is this the right time to bag some YFL, before a plausible bull run? How far will it spike? This write-up will sort all the queries whilst decoding the plausible predictions for 2022 and the years to come.

Overview

CryptocurrencyYF LINK
TokenYFL
Price
Market cap$ 417,026.0000
Circulating Supply$ 47,173.2716
Trading Volume $ 280,093.0000
All time high$ 1,879.1700 Sep 2, 2020
All time low$ 4.6000 Mar 12, 2023
YearPotential LowAverage PricePotential High
2022$5.17$7.03$8.87
2023$8.136$12.84$16.953
2024$13.798$19.591$27.004
2025$25.54$33.10$47.81

YFL Price Prediction For Q4

If the makers focus on scalability, governance, developments, and community building initiatives, the price of YFL might rise to $8.87. Conversely, failing to adhere to its expectations, followed by negative criticism, the price might take a plunge to $5.17. Considering the bullish and bearish targets the average price might settle at $7.03.

The price is expected to rise if the community concentrates on certain developments and partnerships for enhancement of the platform. In such a case, the price might take an ascend to $16.953. In contrast, YFL might decline to the $8.136 mark if the bulls fail to push the prices up. That being said, constrained by a linear momentum the average price could be at $12.84

If YF Link manages to attract institutional adoptions and investments, and strives to empower its user base. The price of the digital asset might chug up to its annual high of $27.004. On the down side, if the bears out-weigh the bulls, the price might sink to $13.798. Successively, the absence of catalysts could terminate the year’s trade at $19.591

The community might facilitate some inbound developments and certain collaborations. Which might result in attaining the users as well as investors. YFL might as well go high in ranking with the DeFi boom. Materializing which the price might catapult to $47.81

Howbeit, the token may fall to $25.54 , if the community does not succeed in increasing the user base and enhancing its protocol. Considering the aforesaid buying and selling pressures, the year could conclude at $33.10

CoinPedia’s YFL Price Prediction

If the DeFi sector gears up in the market yet again, the token might rise high to its previous positions.  In such a case, YF Link may rise to $8 by the end of 2022. Else if fails to do so then the levels below $5.1 may be imminent by the end of 2022.

Market Analysis

Firm Name2022202320242025
priceprediction.net$8.82$12.95$18.81$27.32
Digital Coin Price$7.09$11.35$14.77$18.17
Wallet Investor$8.942$0.567$0.894$1.246

Click here to read our price prediction of Bytecoin (BCN)!

YF Link is a liquidity mining pool that combines the fundamentals behind chainlink and yearn finance. To provide users with a new product. Launched in July 2020, YFL basically collaborates two basic DeFi concepts, yield farming and liquidity mining. 

The protocol is also a community Defi project built around Linkswap – a DEX. The project is built to act as a hub and bridge for community projects. YFL is the native asset and governance token for the YF Link DAO. YFL can be used to vote in the ecosystem’s DAO. And also to allow cash inflows, coming from the fees levied by the ecosystem.

Fundamental Analysis

Liquidity mining is nothing but a strategy that allows the user to stake in a liquidity pool so that they could earn governance tokens as a reward. This helps to keep the platform healthy by securing community participation in the protocol and intensifying user activity.

YF Links operates through its native token, YFL with a total supply of 52,000 YFL. YFL can be used to pay for smart contract fees, as a medium of exchange, staking and governance. As the YFL holders have the whole authority, they can make proposals and cast votes on them.

Historical Market Sentiments

2020

  • YFL initiated with a pretty good start, the price nearly more than $200 but within a couple of days. It dumped drastically below $100 to touch $56.58. 
  • The DeFi boom to the price amplification to create a huge spike with the price touching almost $2000 within a small time frame.
  • The DeFi boom which was initiated with YFI soaring above $40,000 led the surge of the majority of the DeFi tokens. 
  • Later, the price dramatically plunged to $445.12 within a few days after forming a new high.
  • On a bearish note, the token dropped to $394.60 by mid December and YFL traded at $357.70 to end the year 2020.

2021

  • YFL entered the year 2021 with price trading around $357.89 during January. Surprisingly, the price hit a resistance at $985.16 later. 
  • But as the bears overpowered the market the price slid drastically and failed to regain the momentum. The price of YFL plunged to the lows of $98.22 by the 28th of May. 
  • Until the 12th of August, the price fluctuated between $64 and $135. Post which, the price climbed to $144.214 by the 23rd of August.
  • Later an uptrend pushed the price to $442.56 by the 3rd of October. Failing to sustain at the levels pushed the price down to $272.53 by the 18th of October. 
  • Seeking impetus from the bulls, the price took a chug to $830.45 by the 3rd of November. Rising volatility in the business led to another downswing, which closed the year at $180.584.   

Comparison

YF LinkChainlink
ROI: 559.39%.ROI: 4894.29%
YFL Price Is Down 96.17% Since January 1st. LINK Price Is Down 72.65% Since January Peak.
YTD Returns: -97.16%.YTD Returns: -71.4%.
YFL Price Is Down -99.64% From ATH.LINK Price Is Down -85.2% From ATH.

To read our price prediction of OMG Network (OMG) click here!

FAQS

What is a YFL token?

YFL is a token that combines the fundamentals of Chainlink and Yearn. finance.

Does YF Link Avail Yield Farming? 

Yes, YF Link avails Yield Farming.

Who is the founder of YF Link?

Josh Rager founded the token YF Link.

Where can I buy the YFL token?

YFL is available for trades across popular exchanges like Binance, Coinbase, etc…

How high might YFL’s price rise by the end of 2022?

The price of the digital asset might soar up to a maximum of $8.87 by the end of 2022.

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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