Harvest Finance Crypto: 6 Things for FARM Investors to Know About the DeFi Coin Heading Into 2022-Cryptocurrency.Mohoagd

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FARM-USD has doubled in value today, so keep a watch on it.


Everyone is on the lookout for the next Bitcoin  or Shiba Inu , but they're hard to come by. Harvest Finance  is soaring this week, despite the crypto market being in a slowdown. Today, cryptocurrency traders are exhibiting interest in Harvest Finance. As a result, we'll go over some essential information concerning this cryptocurrency.


So, what exactly is Harvest Finance cryptocurrency? "Harvest Finance allows you to deposit tokens from a variety of supported cryptocurrencies and participate in potentially high-yield DeFi pools," says the company.


FARM is Harvest Finance's token, which maximizes efficiency by utilizing smart contracts – a major benefit of Ethereum. to be more specific


"When using Harvest Finance, first-time farmers will not have to worry about calculating fees for transactions or transferring assets between DeFi protocols." Harvest is the one who accomplishes this for the users, and it's all audited through smart contracts, so it saves them the effort of doing it all on their own."


Today alone, the coin has increased by 90%. What else should potential investors be aware of? Let's have a look at what we've got.


  • The crypto's market value has risen to almost $140 million as a result of today's gain.
  • Harvest Farm is a cryptocurrency that runs on Ethereum and requires 35 network confirmations to be valid.
  • For the first time since September, the coin's price has risen beyond $200.
  • Harvest went live on September 1, 2020, while FARM-USD went live on September 3.
  • On July 29, FARM-USD began trading on Coinbase (NASDAQ:COIN).


Trading the Harvest Finance Crypto


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FARM was up 144 percent at the session high, up approximately 90 percent on the day at the time of writing. After gaining 22% on Monday, the coin is now rallying.


On Tuesday, FARM-USD has achieved a volume of above 770,000. That far outnumbers the previous record-breaking day, which had a volume of around 392,500. Volume is currently at 852,000 for the week, barely shy of the existing weekly volume record of 1.055 million achieved in the second week of August.


This morning, Harvest Finance Crypto approached the $300 barrier, which has proved resistance in the past. FARM-USD will try to stay above $200 as it fades from this area. If it can't, the newly constructed 21-week moving average might be called into action.


The 61.8 percent retracement is still in play if the price stays over $217.50.

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