🔴 Uniswap Foundation Postpones Vote on Token Staking and Delegation Incentives; UNI Drops 8.7% 🔴

The Uniswap Foundation, which manages the decentralized exchange Uniswap, has postponed the vote for UNI staking and delegation rewards that was originally scheduled for Friday. This delay arose after a stakeholder expressed concerns that necessitated further examination by the Foundation. Following this announcement, the price of UNI fell by 8.7%.

The Foundation shared on the social media platform X: "Last week, we announced that the first proposal to activate Uniswap Protocol Governance would be deployed on-chain today. Over the last week, a stakeholder raised a new issue relating to this work that requires additional diligence on our end to fully vet. Due to our proposed upgrade's immutable nature and sensitivity, we have decided to postpone posting this vote.

The message continued, "This was unexpected, and we apologize for the postponement. We will keep the community apprised of any material changes and will update you all once we feel more certain about future timeframes.

As of 2:00 p.m. ET (18:00 UTC) on May 31, Uniswap's UNI token was trading at $10.20, marking an 8.7% decrease over the past day, according to The Block Prices.

The proposal, initially introduced in February, aims to reward dedicated Uniswap stakers and delegates for their high-quality participation. To prepare for the vote that was set for May 31, UNI holders were required to delegate their tokens on the platform in advance to take part in the voting process, as explained by the Uniswap Foundation a week prior❗ $UNI

#Uniswap’s #uni #PriceShift #BEARISH📉 #UniswapFoundation

🚀💥💥A big investor in Pepe cryptocurrency, known as a whale, plans to turn $50,000 into $1,500,000 by March 2024 by investing in a new token called Option2Trade (O2T). Option2Trade is gaining attention for using artificial intelligence in trading, 🚀💥💥
which the investor believes will make a big difference. This move is seen as a calculated risk by the investor, showing confidence in Option2Trade's potential to increase in value by 1000 times. It also reflects a trend towards using technology like AI in cryptocurrency trading.☀️🥀🌹🌹
#HotTrends #PEPEPricePredictions #PEPEupdate #PriceShift

🐕🌊 Shiba Inu Whales Make Waves: Price Shift Ahead? 🌊🐋

Shiba Inu is making waves in the crypto seas as large holders signal significant accumulation, hinting at a potential price shift on the horizon. 📈

Despite a recent 48-hour price decline fueled by broader market concerns over inflation, SHIB is seeing a surge in activity among its biggest players. 📉

Whale activity within the Shiba Inu ecosystem has skyrocketed by a whopping 602%, indicating a flurry of token acquisition by these influential investors. 🚀 This uptick coincides with SHIB's recent price dip, prompted by broader market uncertainties surrounding Federal Reserve policies.

Currently trading down 6.20% in the last 24 hours, SHIB's price hovers around $0.00002722, gradually retreating from its recent highs. 📉

Key support levels for SHIB lie between $0.000026 and $0.000033, where substantial token accumulation by numerous addresses suggests strong backing. 🛡️ However, below this range, support appears thin, with more robust support found between $0.000008 and $0.000014.

As Shiba Inu navigates these turbulent waters, keep an eye on whale activity and key support levels for potential insights into future price movements. 🚀🔍

Stay tuned for more updates on Shiba Inu's journey in the ever-exciting world of crypto! 🐕💼 #ShibaInu #WhaleActivity #PriceShift 🌊📈

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