AUTOFARM to $30,000+ IN NEXT BULLMARKET

I will explain what Autofarm is, and why I believe this token will go to $30,000 or higher in price.

Autofarm (AUTO) is one of the most under-rated tokens in crypto. I believe that tokens that serve a purpose will be around in the future, while garbage tokens that have no utility will die out in this bear market - just like previous bear markets.

AutoFarm is a yield farming aggregator running on both Binance Smart Chain (BSC) and many other smart chain protocols. It has a circulating supply of 34963 tokens, and a max supply of 80,683. This means there will never be more than 80,683 tokens in existence.

You know what other token was yield aggregator token with a similar circulation supply? YFI (Yearn Finance)! And that almost hit a price of $100,000 per token in the last bull market.

However, Autofarm is better and different that Yearn Finance! What makes Autofarm better is a couple of things:

- It is already the absolute best TOP Yield Aggregator on the following chains:
GNO, HECO, OASIS, OKEXCHAIN, BOBA, VELAS

- It supports other chains as well, including:
MATIC, CRONOS, BSC, AVAX, FTM, AURORA, MOVR, CELO, ONE.

- It is a deflationary token. Meaning the supply of Autofarm decreases over time! More and more tokens are burned often. With supply going lower, there will eventually be more demand. Currently, 2436 Auto tokens have been burned forever.

- The market cap of Autofarm is only $10,000,000! That's basically nothing

- YFI is not a deflationary token, doesn't support as many chains, and the dev also left the project.

Defi is the future, and we all know that such protocols are in demand and will continue to be in demand. This token has already been listed on major exchanges like Binance, CoinEx and Cryptocom - making it very easy for anyone to buy

Once the bull market is back, we expect the entire crypto market cap to get to atleast 6 trillion dollars in the next big bull run. Defi and Yield Aggregator's end up doing great in bull markets.
By the time we get to the next bull market (2025), more Autofarm tokens will be burned from the supply, vault fees are used to perform market buy-backs of AUTO and burnt forever.
In 18 months, 2436 tokens were burned. So using that figure, we estimate that in 30 months (Early 2025), about 5000 more tokens will be burned
We estimate that roughly about 30,000 of these tokens will be in circulation come 2025.
This means that the price of each token will increase in value.

We have made calculations as to how high this token can go using the market cap. Remember, the figures below only show a supply of 30,000 by 2025:

Market cap of 10m, price per token = $333
Market cap of 100m, price per token = $3,333
Market cap of 1b, price per token = $33,333
Market cap of 10b, price per token = $333,333

The all time high for Auto was almost $14,000 per token. And this was also back when there was more supply in circulation. In time, more and more of these tokens will continue being burned. This means that in 1 decade, we could see this reach a much higher price.
Autofarm has been audited by 3 different auditors, including Certik. And also has a github page. To me, having multiple audits + a github page is always a good thing when it comes to evaluating tokens
I mentioned earlier that my target for this is $30,000 in 2025. This would require a market cap just shy of 1 billion dollars at a supply of 30,000. Yearn Finance easily surpassed 1 billion market cap, and almost reached a 3 billion market cap.

I believe this is a strong project and it is a steal at the current price. I also believe we will see the price drop as we go deeper in the bear market, which should make this a nice coin to dollar cost average. I believe there is a good chance that AUTO gets below $100 in the upcoming months, and a very low chance it gets to $50. Should also likely get a couple bounces in small bull phases from now till halving, possibly to $600.


BINANCE:AUTOUSDTBINANCE:AUTOUSDBINANCE:AUTOBUSDCOINEX:AUTOUSDT AUTOUSDT