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Bifibusd

BIFI token and share some interesting✌🏻Hello everyone! Today, I would like to talk about the BIFI token and share some interesting aspects with you. The first and most impressive aspect is its tokenomics. Currently, there are only 80,000 BIFI tokens in the market. This limited supply can create a certain positive dynamic for the token's price. As we know, a similar scarcity has contributed to the success of another project - YFI, which also has a small circulating supply and has achieved an impressive market capitalization. Additionally, one of the appealing points for me is that the BIFI token has already tested the $300 level multiple times, resulting in powerful surges of +100% from that point.
Long
by CHOWTRADE
Steps to BIFI mooningHere's levels to look for on BIFI mooning. Fundamentals are strong and I'm a believer, but price movement projects more price movements and has nothing to do with news or fundamentals. That said: 1. $1800 for 0.618 extension of long term waves 1-2. That signals smaller degree (1) of the larger wave 3 truly in progress, and that BIFI isn't just crabbing or simply NGMI 2. Go to 1.00 extension at $3400 and convincingly break through it. If not, it can just be a large ABC top and then do what many shitcoins go on to do: die 3. $6400, $9500. Moon time at 1.382, 1.618 extensions. Target in this range for the larger wave 3 4. Wave 4 pullback, party break 5. To infinity... or $18000 (2.0 extension) and beyond! PS. TA as always highlights possibilities, if this then that. Not financial advice DYOR
BLong
by garyfung
Beefy Finance – Bullish Rally IncomingHello, everyone! BIFI token price is in the long consolidation phase. The volatility now is very low. I suppose it is time to explode soon. The BIFI formed the huge symmetric triangle. The upper band of this triangle was broken finally. This is the very nice factor for trend reverse. Also we can see that the price tested the Supply Zone 1 multiple times and now is trying to breakthrough again. There is a high probability that the Supply Zone 1 will be broken soon. In this case the first target is Supply Zone 2 ($1700). If we suppose that the downtrend is broken, I expect the small pullback after reaching the Supply Zone 2 and after that the breakout to the Supply Zone 3($2500), which is the final target for my trade. The BIFI tokenomics supports my analysis because it have the maximum supply of 80000 BIFI and 78000 BIFI are already in circulation, so I am not expect the supply increase.
BLong
by Skyrexio
5
Beefy Finance(BIFI) | Trading PlanHello, everyone! Today I start the new series of articles. I am going to demonstrate all my trading decisions for you. First of all, I will show 10 coins with strong fundamentals in my opinion. The trading plans will be applied to this 10 coins. Updates where I show you my buy and sell orders you can find under these articles. Let’s start with the Beefy Finance(BIFI). REWIEV Beefy Finance is the yield farming and stacking platform. There are many different coins are available for stacking and farming. Beefy has the automatic reinvestment tool and the APY boosts, which allows to obtain higher APY compared with competitors. FUNDAMENTAL ANALYSIS Product 8/10 Beefy Finance is one of the best yield farming platforms. The project’s further success depends on Defi sector development. Tokenomics 10/10 Beefy has the ideal tokenomics, because the maximum supply is 80000 BIFI, where 97.5% of this supply is in circulation. Partnerships 9/10 Beefy is the project on Binance Smart Chain with the partnerships with Avalanche, Fantom, Polygon, Harmony, Arbitrum. Exchanges 6/10 The Binance listing is the nice indicator that the project is not the scam, other exchanges are not famous. Market Information 1/10 I really don’t like that there are a lot of investors who bought BIFI below 10$ per coin, it means that they have 300X profit with the current prices. I suppose that the downtrend can last some more time. The tokenomics will eliminate this negative effect, but we need time. DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
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by Skyrexio
1
Where's the BIFI?A pet coin of mine as I love their platform. Chosen by Binance as one of 3 most valuable builders in a recent competition. Has good fundamentals and is one of the few DeFi projects that has yet to pump. Only 80,000 coins will ever be minted so can have prices similar to YFI. Had a major drop when BTC corrected last week, but appears to be recovering now. Market cap of 120M at the time of writing so high risk high reward as it could languish in obscurity or be susceptible to massive swings in price. Would not be out of the realm of possibility for it to hit 1B market cap in the near term (almost 10x from where we're at now!) You can see in the chart it has broken out of it's downward trend. MACD is positive on the 4H (Looks to be nearing cross on the daily) and RSI is moving positive as well. The nearest target would be it's most recent ATH near 2800. As for me I'm holding and staking for the long term. BINANCE:BIFIBUSD
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by variousCryptos
4
BIFIBUSD (BEEFY.FINANCE) - POTENTIAL BUY ENTRY ANALYSIS 🔎 - BIFIBUSD is testing the ATL (all-time low) support. - Price action is printing the double bottom (DB) trend reversal pattern. - The double bottom pattern is a bullish reversal pattern. - The downtrend is resisted by the descending trendline resistance (DTR). - There's a breakout potential. BUY ENTRY ⬆️ - Breakout above the descending trendline resistance and the double bottom neckline resistance (R1). TARGET 🎯 - Horizontal resistance level (R2). SETUP INVALIDATION ❌ - Breakdown below the double bottom horizontal support level (S1).
BLong
by Chibuike_Odoh
BIFI / BUSDWait the confirmation : - Break the yellow triangle, Momentum, RSI What Is Beefy.Finance (BIFI) ? Beefy.Finance (BIFI), launched in 2020, is a yield optimization tool on the Binance Smart Chain that helps maximize the return from yield farming. Yield farming is the practice of staking or lending your crypto assets to a smart contract-based liquidity pool in order to generate returns or rewards. The lender is known as the liquidity provider and the fund where the money is kept is known as the liquidity pool. Yield farming protocols incentivize the liquidity providers (LPs) to lock up their crypto assets in the liquidity pool. These incentives can take the form of percentages of transaction fees, governance tokens, or interest from the lenders. Yield optimization is the usage of data analysis tools to maximize the performance of yield farming projects.
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by HolderYoda
1