Nyan FinanceNYAN
$2.69
NYAN Price Prediction and Price Movement
NYAN has been down 32.26 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that NYAN's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if NYAN is backed by a solid development team and whether NYAN's technology has any potential to grow.
Please note that this analysis is purely base on NYAN's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Nyan Finance Price Chart
About Nyan Finance
Through the use of Decentralized Finance, it is claimed that individual traders of various sizes can actively take part in a group managed pool with NYAN being used as the means of voting. By allowing NYAN holders to vote within specific block periods, they can essentially set new strategies on a minute by minute basis. Paired with yield farming strategies, these holders could selectively move into markets with higher yields or aggressively purchase tokens that are expected to grow in value.
NYAN is the limited supply token that’s used to mint Catnip and vote on ecosystem governance.