Yearn.finance’s (YFI) governance token plummeted over 43% in simply 5 hours on Nov. 18 after rallying virtually 170% early within the month, stirring fears a few attainable exit rip-off.
Throughout the dramatic drop in worth, over $300 million was worn out in market capitalization from November’s beneficial properties, in accordance to information from CoinMarketCap. On the time of writing, the YFI token is buying and selling at $9,069 from $14,185 a day earlier than. Nonetheless, the token remains to be up 83% over the previous 30 days.