YAM V3 (YAM) Achieves Market Cap of $6.71 Million

YAM V3 (CURRENCY:YAM) traded up 6.9% against the dollar during the 1-day period ending at 11:00 AM E.T. on October 14th. One YAM V3 coin can now be purchased for $0.53 or 0.00000914 BTC on popular cryptocurrency exchanges. YAM V3 has a market capitalization of $6.71 million and approximately $1.26 million worth of YAM V3 was traded on exchanges in the last 24 hours. In the last seven days, YAM V3 has traded down 8.1% against the dollar.

Here is how related cryptocurrencies have performed in the last 24 hours:

  • Starname (IOV) traded down 3.9% against the dollar and now trades at $4,099.30 or 0.08159023 BTC.
  • Binance USD (BUSD) traded down 0% against the dollar and now trades at $1.00 or 0.00001737 BTC.
  • Chainlink (LINK) traded 9.5% higher against the dollar and now trades at $27.20 or 0.00047261 BTC.
  • Polygon (MATIC) traded 2.4% higher against the dollar and now trades at $1.32 or 0.00002639 BTC.
  • Polygon (MATIC) traded up 5.5% against the dollar and now trades at $1.28 or 0.00002227 BTC.
  • Axie Infinity (AXS) traded 14.2% higher against the dollar and now trades at $136.85 or 0.00237765 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded 4.1% higher against the dollar and now trades at $55.42 or 0.00096298 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001739 BTC.

YAM V3 Coin Profile

YAM V3 (CRYPTO:YAM) is a coin. It launched on August 11th, 2020. YAM V3’s total supply is 13,968,724 coins and its circulating supply is 12,757,048 coins. YAM V3’s official Twitter account is @YamFinance. The official website for YAM V3 is yam.finance. The official message board for YAM V3 is medium.com/@yamfinance.

According to CryptoCompare, “YAM is an elastic supply crypto asset, where the supply expands and contracts in response to market conditions with the aim of targeting a 1 USD peg per YAM. One of the interesting differentiators about YAM’s approach is that 10% of each supply expansion (known as a rebase) is used to buy yCRV, a high-yielding basket of USD stablecoins, and is allocated to the Yam treasury which is controlled via community governance. Currently, there are 3 versions of YAM, this page refers to YAM. The other versions are also available on CryptoCompare at YAMV1 or YAMV2. “

YAM V3 Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as YAM V3 directly using US dollars. Investors seeking to trade YAM V3 should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy YAM V3 using one of the exchanges listed above.

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