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Unaudited Token YAM Was Pumped To $152 After Its Launch
Summary: YAM, a “minimally viable monetary experiment” produced by Yam Finance to track the U.S. dollar, was pumped to $152 from zero after its launch, according to YAMalytics. Code auditing hasn’t been conducted on YAM, yet traders appear to be very interested. According to CoinGecko's data, YAM now has a market capitalization of $17.5 million, with ...
YAM, a “minimally viable monetary experiment” produced by Yam Finance to track the U.S. dollar, was pumped to $152 from zero after its launch, according to YAMalytics.
Code auditing hasn’t been conducted on YAM, yet traders appear to be very interested. According to CoinGecko's data, YAM now has a market capitalization of $17.5 million, with a 24-hour trading volume of $37.2 million.
Other than YAM, multiple meme coins based on decentralized finance have emerged recently, such as Tendies and YFI.
By Lily Yang
