Price and Market Performance:
Current price: $10.88 USD
• Increase in 24 hours: 8.68%
• 24-hour trading volume: $355.51 million USD
• Market capitalization: $8.25 billion USD .
Recent Developments:
• NFT integration: Uniswap acquired Genie to integrate NFTs into its ecosystem, providing a cross-market NFT buying and selling experience.
• DAO management: Uniswap DAO manages a fund worth 1.6 billion USD and has more than 310,000 members participating in decision making.
Challenge:
• Competition: Face competition from other DAOs like BitDAO.
• Legal: Handling legal issues with the SEC, affirming compliance and ready to defend its operations.
Market Specifications:
• Highest price in history: $44.92 (May 3, 2021)
• Lowest price in history: $1.03 (September 17, 2020)
• 52-week range: $3.84 - $16.99 .
Forecasting the Future
Uniswap is expanding its DeFi capabilities and NFT integration, promising to increase user engagement and attract broader adoption in the crypto ecosystem.