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Today FARM & iFARM tokens are on a list of tokens which embarked on a bullish train. They managed to pull up in these times of hardships where most cryptos are struggling to stand on their feet.
What could be the reason Behind?
Harvest Finance (FARM)
On this i wouldn't want to lie, but i guess its a result of some developments being conducted on Harvest Finance which made the tokens to increase their values. Amongst new developments and additions we have seen they even upgraded their system and their website is now looking beautiful with new different assets added.
If you check you will see that the number of assets locked in Harvest finance have increase and are now worth more than 300million. On the DeFi list were rankings are according to value of assets locked Harvest Finance is going to overtake some and claim the 4th position.
This is a huge development and it brings smile on investor's faces. It shows that people are now being confident to invest into this project. If you check the picture below you can see that FARM is up with 59.95% and it managed to recover from the low of the day $62.80 and is now trading @$112.28 per coin which is a huge gain and we are expecting more of this since we have a double bottom
iFARM
iFARM is the bearing token of FARM and the price is slightly higher than that of FARM. if you own these iFarms it works as a receipt that you own FARM tokens. It has also performed well today.
iFARM managed to pull up from $76.62 where it was stuck and is now trading at $122 with an increases of 47% which is high and lucrative. With its low supply of 176,074 this will work as a catalyst and drive the price higher.
Conclusion
The future of IFARM & FARM is bright and as it prepares to launch its value i guess it wise to look for buy opportunities so that when it gets to the top we would have made some fortune for ourselves. Its about to skyrocket, as i am writing my article iFarm is already at $130.
