Yearn Finance Price Jumps Over 140% in 10 Days on V3 Hype, But Low Volume Signals Caution
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Yearn Finance price surged 142% in 10 days to $14,452, making it the biggest gainer after Celestia.
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The rally was driven by anticipation of Yearn V3 launch announcement, but low trading volume shows lack of participation.
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YFI could continue rallying towards $15k if $14,132 support holds, but may fall to $12k on profit-taking.
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Despite being the most expensive altcoin after Bitcoin, YFI lacks utility evident from very low volume.
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Investors can still make profits if bullish momentum continues, but reversal likely once MACD green bars start receding.