as far as an ALT that a true HOLD and forget this might b that1
Really long term SUB 10k YFI you kinda cant loose but in the short I would look for a cost average from 8500 to 6kish depending on if we see a few red sideways days or more green. THIS ONE CAN lay asleep like a volcano and then boom no rhyme or reason she just blasts the f off ( when i was trading YFI actively a year or so ago almost all the tokens or like 70 percent or something was owned by just a handful of wallets like 10 or something crazy. BENTAG the CRV dude even put up a twitter post saying the CRV YFI FANTOM etc team where going after YFI heavy for some voting angle.
THIS ONE IS A COOL STORY ANDRE C. Founder of many sick and aggressive CRYPTOGraphy and crypto projects put YFI out there and lets see if it breaks/gets exploited type projects. HE said something like thisabout minting the first YFI. THIS is worthless has no value and is all hype. maybe if this grows into something these yfi tokens you can mint for free ie create network traffic etc will be valuable IF THEY BUILD AN ECO SYSTEM OFF IT he said non of this second part at the time just the these are worthless. I watched YFI hit 20k out the gate then 40k then ya it just got gross... it was the MEME coin bridge that really FOMOed this one. Ya this bridge has one simple function TURN 1 YFI token into some crazy number of WOOFY tokens worth exactly the same as 1 YFI token essentially a hyped up complicated one for one thing with really no value just a well timed tweet and the mass hysteria did the rest.
I WONDER IS SBF's stolen cake fueled some of these dumber ALT runs that just got gross. I am not saying THEY (SBF n COMPANY) WHERE THE BULL MARKET more just the occasional MEME coin gasoline and match
THIS ONE IS A COOL STORY ANDRE C. Founder of many sick and aggressive CRYPTOGraphy and crypto projects put YFI out there and lets see if it breaks/gets exploited type projects. HE said something like thisabout minting the first YFI. THIS is worthless has no value and is all hype. maybe if this grows into something these yfi tokens you can mint for free ie create network traffic etc will be valuable IF THEY BUILD AN ECO SYSTEM OFF IT he said non of this second part at the time just the these are worthless. I watched YFI hit 20k out the gate then 40k then ya it just got gross... it was the MEME coin bridge that really FOMOed this one. Ya this bridge has one simple function TURN 1 YFI token into some crazy number of WOOFY tokens worth exactly the same as 1 YFI token essentially a hyped up complicated one for one thing with really no value just a well timed tweet and the mass hysteria did the rest.
I WONDER IS SBF's stolen cake fueled some of these dumber ALT runs that just got gross. I am not saying THEY (SBF n COMPANY) WHERE THE BULL MARKET more just the occasional MEME coin gasoline and match