Josh Rager, a famous cryptocurrency analyst and trader, points to an altcoin he believes will rise strongly. Josh Rager said that a coin backed by Andre Cronje, inventor of yearn.finance, is preparing for the giant rally.
Josh Rager: It’s only a matter of time before this altcoin explodes….
Yearn.finance ecosystem’s management token, YFI, is one of the best performing crypto assets of 2020. The coin has seen an astonishing 77,095% price increase since its launch just five months ago. Since then, crypto analysts have carefully followed the projects supported by Andre Cronje, calling the effect it can have on decentralized finance (DeFi) projects as the “Cronje effect.”
According to analyst Josh Rager, one of the cryptocurrencies that has not yet shown the impact of Andre Cronje’s involvement is Cream (CREAM), a platform for lending, borrowing, exchange, payment and tokenization services. Josh Rager believes that cryptocurrency is only a matter of time to skyrocket. Josh Rager adds the following to his comments on the subject:
“Here it looks pretty clear on the charts for the higher timeframes. Cream is the only Andre / Yearn entity that hasn’t blown up yet… I think it’s just a matter of time before this cryptocurrency explodes….
Andre Cronje: A partnership established between Yearn.finance and Cream
A few weeks ago, Andre Cronje announced a partnership between Yearn.finance and Cream. According to Andre Cronje, Yearn and Cream developers came together to launch Cream v2. Andre Cronje adds the following to his comments on the subject:
“YEARN AND CREAM DEVELOPERS GATHERED TO LAUNCH CREAM V2. THE V2 LAUNCH WILL BE FOCUSED ON BASIC DEBT AND LEVERAGE PRODUCTS. CREAM V2 ENABLES YOU TO ACHIEVE RETURNS WITH LEVERAGE AND IS A LAUNCHING RAMP FOR FUTURE YEARN AND CREAM COLLABORATIVE CREDIT PRODUCTS.
These 6 Altcoins Soar More Than 2,000 Percent In 2020!
Josh Rager correctly knew the $ 2,000 drop in Bitcoin from $ 10,000 to $ 8,000 on May 10. So the analyst knew about the whale selloff. In addition, the analyst correctly predicted that BTC will rise above $ 10 thousand. Apart from these, the analyst has correctly predicted the short-term movements of BTC recently. Therefore, according to experts, the analyst’s estimate of altcoin should be carefully considered.
CREAM price rising during DeFi boom, remained relatively flat
CREAM price, which soared during the DeFi boom that continued throughout the summer, remained relatively flat. Cryptocurrency Cream is trading at $ 62, up 2 percent at the time of writing. The popular altcoin currently has a market cap of $ 9.3 million. Cream manages a $ 2 million last 24-hour trading volume at the time of writing.