Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
New Dog Token
Yearn Finance Surges 45% Thanks to The New Dog Token
Yearn Finance price of leading cryptocurrency is up nearly 45% in 24 hours, and it appears to be thanks to the team’s new dog token offering a bi-directional peg to YFI. YFI attained a new high of over $78,000 around 14:30 coordinated universal time (10:30 a.m. ET) and was near $74,500 at press time. A developer formed a dog token known as Woofy. The token is swappable for YFI tokens on a million-to-1 basis. WOOFY’s exclusive obligation is to offer…
4 years ago