$UNI
Uniswap (UNI) has been on a bullish run lately! ๐ In the last 24 hours, its price surged by 13.5% and has increased by 33.95% in the past week. ๐ฅ Currently, UNI is trading at $12.790, with price fluctuations between $10.54 and $12.09. A big driver behind this growth is the $15.5 million bug bounty launched by Uniswap Labs to improve the platform's security ahead of the Version 4 launch ๐๐ฐ.
As for long-term prospects, UNI is not just a tokenโit's the governance token for Uniswap, allowing holders to vote on the future direction of the platform ๐ณ๏ธ. As DeFi (Decentralized Finance) continues to grow, Uniswap is positioned to benefit from this trend ๐. The token's value could potentially rise over time, with some predictions suggesting it could hit $100 under the right market conditions ๐ฎ.
But remember, cryptocurrency markets are volatile, so always stay updated and mindful of the risks ๐กโ ๏ธ.