DeFi Yield Protocol (DYP) Logo Thumb DeFi Yield Protocol DYP

Rank #1002 Cryptocurrency

Price DeFi Yield Protocol (DYP)
1,819.411445   1.02686%

Market Cap. : IDR 43,027,730,920 1.02686%

DeFi Yield Protocol Price Live Data

The live DeFi Yield Protocol price today is IDR 1,819.411445 with a 24-hour trading volume of IDR 4,982,046,764. We update our DYP to price in real-time. DeFi Yield Protocol is 1.02686% in the last 24 hours. The current ranking is #1002, with a live market cap of IDR 43,027,730,920. It has a circulating supply of 23,649,200 DYP coins and a max. supply of 0 DYP coins.

If you would like to know where to buy DeFi Yield Protocol , the top cryptocurrency exchanges for trading in DeFi Yield Protocol stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart DeFi Yield Protocol to IDR


What is DeFi Yield Protocol (DYP)?

"DYP is an Ethereum token that powers the DeFi Yield Protocol, a platform that offers solutions for yield farming, staking, NFTs, and enables users to leverage trading tools. The protocol employs an anti-manipulation feature to limit the market impact on users converting rewards into ETH and other native platform tokens."

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Buying tips DeFi Yield Protocol (DYP)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case DeFi Yield Protocol (DYP). Technically you can combine several indicators to get the right formula for determining the entry point DeFi Yield Protocol. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from DeFi Yield Protocol can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from DeFi Yield Protocol can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of DeFi Yield Protocol. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell DeFi Yield Protocol. So when is the right time? the following are brief tips.

  • When the price DeFi Yield Protocol is high, the first moment that could be a good time to sell DeFi Yield Protocol is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices DeFi Yield Protocol Rise In the Short Term, Very fast price fluctuations make investors DeFi Yield Protocol too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if DeFi Yield Protocol experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the DeFi Yield Protocol owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume DeFi Yield Protocol high, Price increase & decrease chart DeFi Yield Protocol can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling DeFi Yield Protocol, of course, besides that there are many other indicators that you can use to trade/invest.