The Game Finance (GameFi) tokens have not stopped surprising the crypto community with their outstanding performances in recent times. One of those coins is the Yooshi token, which recorded a new All Time High (ATH) on October 20, 2021.
The possibility of Yooshi price recording another ATH is just a matter of days and not months or years given some of the projects embarked upon by the Yooshi team.
As a result, we shall examine what Yooshi token stands for as well as the prospect of the token. The essence is to ensure that readers get well onboarded with Yooshi token.
What’s Yooshi Token?
Yooshi token is one of the hottest trending GameFi tokens on Binance Smart Chain (BSC). The Yooshi token is set to contribute to the world of Non-fungible Token (NFT) and auto-liquidity functions.
However, Yooshi liquidity became mainstream when it disclosed that it had removed 59% of the total supply of Yooshi out of circulation in order to give the token more value.
Yooshi practices a large-scale of decentralization, which is quite unusual among many tokens. It has been listed on several exchanges like PancakeSwap, Hotbit, Hoo, BKEX, ZT, among others.
According to CoinMarketCap live update, Yooshi token is up by 10% with its live trading price at 0.0000003564 at the time of writing.
From One ATH to Another
Prior to the recent All Time High (ATH) by Yooshi token, a number of crypto experts have envisaged that the price of the coin will skyrocket exponentially due to the recent burning carried out by the team.
More interestingly, Yooshi’s team has massively dabbled into the NFT auction market, thereby giving the token significant recognition among potential investors.
The team has also shown relentlessness in combining the burning mechanism with innovative auto-liquidity function and NFT. These are factors that are capable of propelling Yooshi tokens to another ATH.
It is, therefore, worth stating that the ability of Yooshi making another ATH is just a matter of time. Hence, this is one of the NFT-related tokens that should be considered by potential investors.
Given the fact that Bitcoin has just recorded a new ATH, it is a fact that other fundamentally strong altcoins will rise exponentially. The story of Yooshi token may not be quite different from others. As it is often said, time will tell.