Uniswap’s UNI governance token has been trading in close tandem with the rest of the blue-chip DeFi assets throughout the past few days. Although this has generally boded well for UNI, it has faced some pressure today due to a downturn across all DeFi assets. This decline has largely come about due to Bitcoin ripping…
Uniswap’s UNI governance token has been rocketing higher alongside the aggregated DeFi sector throughout the past few days, once again surmounting $3.00 as buyers aim at it seeing further upside in the mid-term. The cryptocurrency is one of the DeFi “blue-chips” that has been seeing immense momentum as of late and is widely viewed as…
Uniswap’s UNI token, like many other digital assets residing within the DeFi sector, has seen an intense selloff throughout the past couple of months, with its post-launch highs of $8.50 marking a macro top that is now over 4x above where it is currently trading. The recent decline has come about as some large holders…
Major DeFi tokens, including UMA, Maker, and Uniswap have surged up to 22% in the past 24 hours. The decentralized finance (DeFi) market has generally rebounded following a sustained pullback. There are two main reasons behind the short-term recovery of major DeFi tokens. First, most DeFi tokens were heavily sold since September, causing most to…
Uniswap’s UNI token has been struggling to garner any sustainable upwards momentum over the past few days and weeks, with each rally being met with massive inflows of selling pressure that force its price lower. There are no immediate catalysts for it to see any significant upside, as it will still be quite some time…
Uniswap’s UNI token has been struggling to garner any strong momentum as of late, with buyers and sellers largely reaching an impasse as the cryptocurrency trades within the lower-$3.00 region. It has been facing some heightened pressure in recent days due to the intensity of the sell-off seen across the aggregated altcoin market. Once again,…
UniSwap’s native cryptocurrency, UNI, is at risk of continuing its downtrend by another 10 percent as the decentralized exchange undergoes its first governance vote. Members of the UniSwap community claimed that whales with access to large quantities of UNI tokens are unanimously changing the network rules. The accusations followed the launch of the first proposal…
Associating with the term “DeFi” worked in favor of many blockchain assets this year. UNI was one of them. The governance token, which landed in the hands of people who contributed to the progress and running of UniSwap, a decentralized crypto exchange, was a hit right after its launch. It topped charts after rising more…
Uniswap’s governance token UNI has seen mixed price action as of late, with bulls and bears reaching an impasse following the notable upswing seen earlier in the week. The token’s price action has done little to provide investors with insight into where it will trend next, as the promising future of the decentralized exchange has…
The past few days and weeks have been rough for investors in Uniswap’s governance token – UNI. The token launch was surrounded by incredible amounts of hype and even hysteria, which mainly came about because most traders instantly owned at least 400 tokens upon its launch. This hype allowed its price to rocket from post-listing…