UNI experiences a roughly 23% surge after a mysterious social media post
In anticipation of a possible bullish statement from its anonymous social media post, UNI registered a 23% rise.
Following the delay of its fee mechanism vote, UNI had previously seen a drop.
Following the price increase, UNI may experience a correction as a result of higher exchange net inflows.
On Tuesday, investors became more bullish on Uniswap (UNI) after the company's mysterious social media message. This increase follows a previous decrease caused by the delay of UNI's fee mechanism vote.
The UNI price surged by roughly 23% following a mysterious message on X that encouraged community members to "get ready for something super" and hinted to a major announcement. Previous to the May 31st postponement of its fee mechanism vote, UNI's stock had fallen more than 9%. Many people in the neighborhood were let down when the event was postponed; they had saved up UNI for it.
Uniswap price may offer a chance to buy the drop before a 45 percent rally, according to reading more about it.
This could have caused some selling pressure, particularly among short-term holders hoping to profit from UNI's possible surge following the vote. Holders of UNI tokens who have staked and delegated them for governance purposes will receive a portion of Uniswap's earnings, according to the proposed fee scheme. With this suggestion, Uniswap aimed to encourage more people to get involved in governance and important protocol choices.
The announcement is widely anticipated by users as either a new date for the fee mechanism vote or the possible introduction of Uniswap v4. Additionally, while on-chain data indicates an impending price surge, Uniswap creator is hoping the SEC will not pursue prosecution.
X user, nevertheless, conjectured that the statement would herald the debut of Uniswap's NFT mystery box partnership with fashion NFT figure KidSuper.
In the previous 24 hours, markets have seen a net inflow of more than 430.9K UNI #Write2Earn! #UNI: #Uniswap #UNI #altcoins $UNI
1) Shiba Inu (SHIB) Shiba Inu (SHIB) is a meme-based cryptocurrency that started as a playful homage to Dogecoin. Key fundamental factors for SHIB include its significant social media presence, strategic token burns to reduce supply, and continuous development of its ecosystem. Market Data: - Price: $0.000026 - Market Cap: $14.7 billion - 24-hour Trading Volume: $250 million If the support mentioned earlier is intact, buyers could breach the swing high resistance of $0.00003. This breakout could offer a better confirmation of market sentiment shifting from selling on rallies to buying on dips. The post-breakout rally could push the asset to $0.000038, followed by $0.000054.
2) Floki (FLOKI) 2) Floki (FLOKI) Floki is a meme-inspired cryptocurrency that has evolved from its origins as a playful homage to Elon Musk’s Shiba Inu dog. The core of Floki’s ecosystem includes Valhalla, an NFT gaming metaverse that allows players to earn rewards through engaging activities like battles and asset trading. Market Data: - Price: $0.0000259 - Market Cap: $2.44 billion If the supply pressure continues, the coin price could tumble another 20% to seek support at the ascending trendline. A potential rebound from this floor could push the asset beyond the $0.0000313 ceiling.
3) MAGA (Trump) MAGA Coin, also known as TRUMP, is a meme cryptocurrency inspired by the “Make America Great Again” slogan associated with former U.S. President Donald Trump. The coin aims to merge political finance (PoliFi) with traditional cryptocurrency principles, targeting supporters of Trump and conservative causes. Market Data: - Price: $14.7 - Market Cap: $637.4 million
The Trump coin entered an aggressive recovery rally from May’s second week as the price rebounded from the $4.12 support. The reversal propelled the asset 256% to its current trade. Sustaining this breakout should provide buyers with suitable support to lead a higher rally and target potential at $22, followed by $25.
4 Expert-Picked Altcoins To Buy To Turn $800 Into $16,000 This Week
1. Notcoin (NOT) - Current price: $0.02143 - Recent 200% increase - Trending above 50-day and 200-day SMAs - Potential to reach $0.034
2. Pepe (PEPE) - Recent surge of 99% - Hit an all-time high of $0.00001718 - Key resistance at $0.000016 - Potential to reach $0.00005 in the next bullish phase
3. Book of Meme (BOME) - Current price: $0.013 - Rebounded from 38.2% Fibonacci level - Potential targets: $0.0186, $0.0248 4. Kaspa (KAS) - Price rose from $0.10 to $0.149 - Market cap: $3.552 billion - Potential targets: $0.19, $0.22
Bottom Line Identifying the right altcoins at the right time can maximize returns. Keep an eye on Notcoin, Pepe, Book of Meme, and Kaspa for potential significant gains. #Write2Earn!
Consider Buying some #1000XEC here For Short term. Looking Bullish here after break. Can show some Bullish move in Short term.
Entry: Around 0.0466$ - 0.0460$ Targets: 0.0478$, 0.0490$, 0.0500$, 0.0512$, 0.0525$, 0.0540$ Stoploss: 0.0450$ Leverage: 5x-10x Do manage your risk well as market is uncertain this days.
Guys continue to accumulate $ALICE shorts. There seems to be a possibility of an increase $PDA after it goes a little more horizontally. $SLP continues to accumulate shorts at these levels. His next goal may be much higher. Coins that are accumulated for a long time can make serious increases. 🦅
Bitcoin is currently forming a bullish reversal pattern known as an inverse head and shoulders. This pattern indicates a potential shift in momentum, with the price likely to move upwards. The key now lies in the completion of the right shoulder and a breakout above the neckline. If this occurs, it could signal a significant surge in Bitcoin's price. #Write2Earn! #$BTC
#ETH is now trading around 3800$. Ethereum is moving inside an uptrend channel on hourly time frame. So the Possible scenarios are If price dumps and breaks down the channel, we can see short term bearish momentum. Stay tuned with us for further updates✔ #Write2Earn! $ETH