/biz/ - Business & Finance

Anonymous Wed Feb 17 10:05:00 2021 No.28951774 [View]
File: 43 KB, 385x226, Screenshot from 2021-02-17 10-02-35.png [View same] [iqdb] [saucenao] [google]

>>28951253
And the recent price action is kinda expected with the massive pump combined with the high farming yields. But see here pic related, tvl in the TRDL-ETH pool increased by 46% in 24h, despite the price dropping a bit. Which means a lot of people are entering into the farming. This dilutes the farming wards and we see a corresponding decrease in APY. That should decrease dumping pressure? And once the price settles down and levels off which it appears to be doing so, then we can see another pump, this time to over $20 I'm thinking.

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/biz/ - Business & Finance

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