Popular crypto strategist and trader Josh Rager says decentralized finance (DeFi) project YF Link (YFL) is undervalued at its current price.
In a tweet published exclusively to his followers, Rager said YFL was poised to take off, with an upside potential of over 71 percent given the project’s underlying fundamentals.
He wrote,
Why YFL is still under $1000 is far beyond me – as it’s about to have some major total-value-locked on their platform. This team knows what they’re doing.
YF Link began as a fork of the year.finance yield-farming project, rising from around $12 in mid-August to over $1800 in September, constituting a 15,000 percent increase.
In a subsequent tweet, Rager claimed to be bullish on bitcoin, pointing to the historical trend of strong BTC price growth after closing above a previous monthly high. The crypto trader said November’s close could make for a “very bullish” sign moving forward.
Rager also predicted ethereum would make a slow grind to retest its previous highs from September. He said ETH breaking above $482 would likely push the coin above $500 for the first time since 2018.
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