On May 20, 2024, when the crypto market seemed to be dominated by red due to the overall price decline, the price of Unifi Protocol UNFI crypto recorded a jump of more than 16% within 24 hours.
What do you think caused the price of UNFI crypto to rise today?
UNFI Crypto Price Rises 16.22% in 24 Hours
Today, the Pintu Market page recorded an increase in the UNFI crypto price of 16.22% within 24 hours. UNFI touched its lowest price at IDR 62,202 before finally soaring to its highest price at IDR 76,248.
At the time of writing, Unifi Protocol's market cap is around $40,300,997, with trading volume touching $43,448,655, registering a rise of 133.34% in the last 24 hours.
Get to know Unifi (UNFI) Crypto
Unifi Protocol is a revolutionary approach to blockchain economics. The concept is simple – the network will use stablecoins as gas tokens to eliminate transaction volatility and inflation .
Furthermore, the project aims to create the next class of blockchain, built on the principles of economic sustainability. Build a blockchain, not another cryptocurrency .
Unifi Protocol DAO is on a mission to make blockchain the solution for modern finance by building a blockchain economy that is sustainable and predictable enough to run businesses.
Unifi Protocol DAO Moves to DAO Operations
In March 2024, through an X post, Unifi Protocol announced that they had completely switched to DAO operations.
According to the announcement, all remaining UNIFI Tokens have been distributed: 90% of existing Community Development tokens have been placed into staking contracts , 10% placed into DAO Calculation Contracts.
Not only that, Staking Contracts have been established to maintain existing rewards until they are exhausted via staking rewards or DAO actions via Tally.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.