Connect with us

Press Release

Why DeFi Yield Protocol DYP has the potential to 1.000x

Published

5 years ago

on

In some ways, crypto is quite similar to the gold rushes that periodically gripped the world between the 17th and 20th century. The discovery of gold at Sutter’s Mill in 1848 resulted in the influx of over 300.000 migrants to California. But gold mining was hard work, and just the trip to California cost many fortune seekers their lives.

Luckily, nowadays we don’t have to leave our homes to find our fortunes. Though regulations differ from country to country, crypto is available worldwide. But where individual miners used to search with a gold pan, crypto investors now have to delve through over 11.000 cryptocurrencies and tokens available in the market to find treasure. Finding a 1.000x gem in these conditions is rare, but CryptoBusy put in a lot of research, and in their video of August 14th named DeFi Yield Protocol (DYP), as their pick for a 1.000x.

DYP was not immune to the price actions of the broader market throughout this year. With Bitcoin going down from its $64,000 all-time high to $29,000 between April and June of this year, DYP also suffered dropping from it’s all-time-high of $5.20 to just over $0.24 a month ago. Trading at $0.3259 at the time of recording, CryptoBusy lauded DYP for their Anti-Manipulation feature. This feature is rarely seen in cryptos, but perhaps should be more widely adopted to stop whales from controlling the network. If the market widely adopts this innovative feature, DYP is set to reap the benefits.

While a 1.000x for most cryptos would be nearly impossible, a 1.000x would land DYP somewhere around the $3.6 billion market cap, which would “only” make it the 37th biggest crypto. Therefore, CryptoBusy concludes that for DYP, a 1.000x is definitely possible.

Indeed, since the release of the video not two weeks ago, DeFi Yield Protocol has seen a surge in price of nearly 150% to a local high of $0.79 as more people become aware of their innovative solutions. If CryptoBusy was right, however, that is nothing compared to a predicted price of over $300 per DYP at 1.000x.

As the current bull cycle continues, the DYP team isn’t just waiting for people to take notice. They have recently expanded to the Avalanche chain, are sponsoring multiple sporting events, and have introduced new features to their protocol such as the Buyback Program. For those who are only recently tipping their toes into the cryptowaters, DYP’s Teki Kola also frequently runs giveaways on Twitter, and the team has recently produced many beginner-friendly tutorials to get started on the DeFi Yield Protocol platform.

The DeFi Yield Protocol also managed to achieve some important numbers that clearly shows how undervalued it is right now:

– 8708 ETH, 6513 BNB, and 9264 AVAX worth $31,824,779 paid to the Liquidity providers; so, imagine that they managed to pay more than $31 Million dollars to its users and their Market Cap is only $8,141,223.

– $9,501,902 in liquidity across Uniswap, PancakeSwap and Pangolin (biggest DeFi exchanges from Ethereum, Binance Smart Chain and Avalanche); even their total liquidity is bigger than the current Market Cap.

– $12,172,946 locked in different pools across their farming, staking, and buyback pools.

All these numbers show how undervalued the DYP token is and why the well-known youtuber and crypto analyst made this price prediction. Another important factor that should be taken in consideration is their partners, they made integrations only with big platforms like Chainlink, Avalanche, Pangolin, and Coin98 Wallet. 

DYP is currently trading at $0.64 with a market cap of around $8.1 million, the current low price offers a perfect entry point for market participants looking to cash in on leading yield farming protocol.

Related Topics:

The Bitcoin Daily is one of the most reliable and leading portal about Technology News, Latest Updates, Financial News, Business and any all subjects related to technology and blockchain.

Continue Reading

Press Release

CF Blockchain Joins Hong Kong Web3 Festival as Secondary Exhibition Sponsor

Published

14 hours ago

on

March 30, 2026

By

Hong Kong, 30th March 2026 — Hong Kong Web3 Festivalis honored to welcome CF Blockchain as a Secondary Exhibition Sponsor.

CF Blockchain focuses on the authority and professional information and services of fintech, artificial intelligence, digital currency and blockchain industries.

Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Featured speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region

Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission

Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

Lennix Lai, Chief Commercial Officer, OKX Global

Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs

Lily Liu, President, Solana Foundation

Joseph Chalom, CEO, Sharplink

Francis B. Zhou, CEO, Quantum Solutions

Abdelhamid Bizid, Managing Director, BlackRock

Phil Kang, CEO, ZR Financial Group

Yat Siu, Co-Founder and Chairman, Animoca Brands

Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC

Robert Lui, Deloitte China Hong Kong Digital Asset Leader; Member of Task Force on Promoting Web3 Development

DIAO Zhihai, Head of International Business of Wealth Management, CICC

Don Ng, Director, Digital Assets, China Asset Management (Hong Kong) Limited

Gavin Wang, Managing Partner & Chief Investment Officer, SNZ Holding & SNZ Capital

David Lee, Chairman, Global FinTech Institute

Min Lin, Managing Director, Head of Global Business Development at Ondo Finance

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3 journey: https://luma.com/hkweb3festival_2026

Continue Reading

Press Release

ENI Announced as Gold Sponsor at Hong Kong Web3 Festival 2026

Published

4 days ago

on

March 27, 2026

By

ENI Announced as Gold Sponsor at Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is honored to welcome ENI as a Gold Sponsor.

Hong Kong, 27th March 2026 — The Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group and organized by W3ME, is Asia’s premiere crypto conference since 2023. It convenes the world’s smartest minds in the Web3 and crypto space to discuss the latest trends and policies.

Hong Kong Web3 Festival 2026 will take place from April 20 to 23 at Hong Kong Convention and Exhibition Centre. The previous three editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Web3 Festival 2026 ultimately will have up to 400 speakers representing all aspects of Web3 and crypto on its stages. It has also attracted registrations from thousands of executives and corporate decision-makers in traditional finance and real economies. This enables the conference to be a high-level platform for in-depth dialogues and high-value connections.

As Asia’s premier crypto event, Web3 Festival leverages Hong Kong’s unique position as a global financial center and innovation powerhouse, bridging the vast market potential of Mainland China with worldwide Web3 advancements. This unique positioning enables the event to bring together the best resources from across the globe, offering attendees first-hand Web3 updates and networking opportunities.

ENI is an ultra-high-performance, modular L1 blockchain engineered specifically for hyper-scale commercial adoption. More information: https://eni.top

Get tickets: https://luma.com/hkweb3festival_2026

Be our partner: https://tally.so/r/w5YEbP

Continue Reading

Press Release

CoinPost Announced as Secondary Exhibition Sponsor at Hong Kong Web3 Festival 2026

Published

4 days ago

on

March 27, 2026

By

CoinPost Announced as Secondary Exhibition Sponsor at Hong Kong Web3 Festival 2026

Hong Kong Web3 Festival 2026 is honored to welcome CoinPost as a Secondary Exhibition Sponsor.

Hong Kong, 27th March 2026 — Hong Kong Web3 Festival (“Web3 Festival”), co-hosted by Wanxiang Blockchain Labs and HashKey Group, is Asia’s premiere crypto conference since 2023. The previous editions brought together over 350 exhibitors and more than 1,200 speakers for in-depth discussions, attracted a cumulative total of 100,000 visitors, and saw over 400 diverse side events. It has solidified its status as a leading crypto event, influencing Hong Kong’s Web3 landscape.

Following the sellout success of its previous editions, Hong Kong Web3 Festival has announced its return on 20–23 April at HKCEC. Now in its 4th year, this four-day event will once again bring tens of thousands of Web3 professionals, investors, and enthusiasts across the globe to connect, learn and be inspired.

Web3 Festival 2026 has set the agenda for Web3 growth and innovation, focusing mainly on traditional finance and crypto finance, AI + Web3, and RWAs.

The conference will also convene top experts and leading Web3 projects to exchange ideas, share best practices and gain perspectives on today’s evolving Web3 landscape.

Featured speakers include:

Paul CHAN Mo-po, GBM, GBS, MH, JP, Financial Secretary of the Government of the Hong Kong Special Administrative Region

Dr. YIP Chee Hang, Executive Director of Intermediaries, Securities and Futures Commission

Xiao Feng, Chairman of Wanxiang Blockchain, Chairman and CEO of HashKey Group

Duncan Chiu, Legislative Council Member (Technology & Innovation Constituency), Hong Kong

Lennix Lai, Chief Commercial Officer, OKX Global

Adeniyi Abiodun, Co-Founder & Chief Product Officer, Mysten Labs

Lily Liu, President, Solana Foundation

Joseph Chalom, CEO, Sharplink

Francis B. Zhou, CEO, Quantum Solutions

Abdelhamid Bizid, Managing Director, BlackRock

Phil Kang, CEO, ZR Financial Group

Yat Siu, Co-Founder and Chairman, Animoca Brands

Bugra Celik, Head of Digital Assets and Currencies at Global Macro, HSBC

Robert Lui, Deloitte China Hong Kong Digital Asset Leader; Member of Task Force on Promoting Web3 Development

DIAO Zhihai, Head of International Business of Wealth Management, CICC

Chris Lee, Vice President, ETF China Asset Management (Hong Kong)

Gavin Wang, Managing Partner & Chief Investment Officer, SNZ Holding & SNZ Capital

David Lee, Chairman, Global FinTech Institute

Min Lin, Managing Director, Head of Global Business Development at Ondo Finance

CoinPost is Japan’s largest crypto news outlet. More information: https://coinpost.jp/ 

Join Hong Kong Web3 Festival on April 20–23 and be part of an epic Web3
journey: https://luma.com/hkweb3festival_2026

Continue Reading

Trending