Uniswap
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📊 Uniswap ($UNI ) Price Faces Pressure Despite Bitcoin’s Rally
Uniswap (UNI) price has struggled recently, dropping almost 5% in the last 24 hours and down 5.24% over the past week, despite Bitcoin’s recent surge. The recent decline highlights the weakness in UNI’s momentum, with technical indicators suggesting a cautious outlook.
Although EMA lines still show a bullish structure, the price slipping below short-term EMAs signals fading buying pressure. A potential reversal could still be on the cards, but caution is warranted as the current trend remains vulnerable to further downside.
🔸 UNI RSI Is In The Neutral Zone
On November 7, UNI’s Relative Strength Index (RSI) hit 85, driven by a rapid 50% surge in its price within just 24 hours. Since reaching that high, the RSI has gradually declined and currently sits at 43.32. The RSI is an indicator used to assess momentum by measuring the speed and change of price movements, helping identify whether an asset is overbought or oversold.
Typically, an RSI above 70 signals that an asset might be overbought, while an RSI below 30 indicates potentially oversold conditions.
With UNI’s RSI now at 43.32, the indicator suggests that the recent momentum has cooled down considerably. This level falls in the middle range, reflecting neither an overbought nor an oversold condition but rather a balanced market sentiment.
It implies that UNI price could stabilize after the sharp rally, with the potential for either consolidation or a new move depending on shifts in buying or selling pressure.
🔸 Uniswap ADX Shows The Current Trend Is Not Strong
UNI’s ADX is currently at 19, down significantly from over 40 just a week ago. The Average Directional Index (ADX) measures the strength of a trend without indicating its direction.
Typically, an ADX reading above 25 suggests a strong trend, while values below 20 indicate a lack of trend or weak momentum. The sharp drop from over 40 to 19 signals that the strength behind UNI’s recent trend has dissipated considerably.
#UNI #Uniswap
Uniswap (UNI) price has struggled recently, dropping almost 5% in the last 24 hours and down 5.24% over the past week, despite Bitcoin’s recent surge. The recent decline highlights the weakness in UNI’s momentum, with technical indicators suggesting a cautious outlook.
Although EMA lines still show a bullish structure, the price slipping below short-term EMAs signals fading buying pressure. A potential reversal could still be on the cards, but caution is warranted as the current trend remains vulnerable to further downside.
🔸 UNI RSI Is In The Neutral Zone
On November 7, UNI’s Relative Strength Index (RSI) hit 85, driven by a rapid 50% surge in its price within just 24 hours. Since reaching that high, the RSI has gradually declined and currently sits at 43.32. The RSI is an indicator used to assess momentum by measuring the speed and change of price movements, helping identify whether an asset is overbought or oversold.
Typically, an RSI above 70 signals that an asset might be overbought, while an RSI below 30 indicates potentially oversold conditions.
With UNI’s RSI now at 43.32, the indicator suggests that the recent momentum has cooled down considerably. This level falls in the middle range, reflecting neither an overbought nor an oversold condition but rather a balanced market sentiment.
It implies that UNI price could stabilize after the sharp rally, with the potential for either consolidation or a new move depending on shifts in buying or selling pressure.
🔸 Uniswap ADX Shows The Current Trend Is Not Strong
UNI’s ADX is currently at 19, down significantly from over 40 just a week ago. The Average Directional Index (ADX) measures the strength of a trend without indicating its direction.
Typically, an ADX reading above 25 suggests a strong trend, while values below 20 indicate a lack of trend or weak momentum. The sharp drop from over 40 to 19 signals that the strength behind UNI’s recent trend has dissipated considerably.
#UNI #Uniswap
Uniswap Analysis: Market Structure, Liquidity Zones, and a Potential 430% Upside
#Uniswap Analysis: Market Structure, Liquidity Zones, and a Potential 430% Upside
Price Decline & Sideways Movement
➡️ $UNI has fallen approximately -92% from its ATH.
➡️ Following this drop, the price entered a sideways phase, accumulating liquidity.
➡️ The price tapped into the mean threshold of the RB, sparking a bounce back.
Market Structure Shift
➡️ After capturing buy-side liquidity and closing above it, a MSS was indicated.
➡️ This led to the establishment of external liquidity.
Price Retracement & Liquidity Test
➡️ The price retraced to test IRL from the previous swing.
➡️ Recently, it bounced from the FVG & IRL, moving toward ERL.
Potential Gains 🚀
➡️ +100% Gain Potential: Expected from current levels to ERL.
➡️ +430% Gain Potential: Projected gain from the current level to ATH.
➡️ Equal Highs Liquidity Pending: This suggests the bullish trend may continue, potentially testing the ATH.
Positioning Advice
➡️ Hold Positions: For those already in positions, it’s advisable to maintain them to capture potential future gains.
Stay updated for further insights.
But of course DYOR, NFA
#Altcoins #altsesaon $BTC
Price Decline & Sideways Movement
➡️ $UNI has fallen approximately -92% from its ATH.
➡️ Following this drop, the price entered a sideways phase, accumulating liquidity.
➡️ The price tapped into the mean threshold of the RB, sparking a bounce back.
Market Structure Shift
➡️ After capturing buy-side liquidity and closing above it, a MSS was indicated.
➡️ This led to the establishment of external liquidity.
Price Retracement & Liquidity Test
➡️ The price retraced to test IRL from the previous swing.
➡️ Recently, it bounced from the FVG & IRL, moving toward ERL.
Potential Gains 🚀
➡️ +100% Gain Potential: Expected from current levels to ERL.
➡️ +430% Gain Potential: Projected gain from the current level to ATH.
➡️ Equal Highs Liquidity Pending: This suggests the bullish trend may continue, potentially testing the ATH.
Positioning Advice
➡️ Hold Positions: For those already in positions, it’s advisable to maintain them to capture potential future gains.
Stay updated for further insights.
But of course DYOR, NFA
#Altcoins #altsesaon $BTC
TOP #POLYGON DAPPS BY WEEKLY VOLUME
#Uniswap #QuickSwap #Polymarket #GammaStrategies #Balancer #ParaSwap #1inch #WOOFi #Odos #JumperExchange
#Uniswap #QuickSwap #Polymarket #GammaStrategies #Balancer #ParaSwap #1inch #WOOFi #Odos #JumperExchange
Banksy1:
Quick rise is weak
TOP #DECENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME
#Uniswap #Raydium #PancakeSwap #Aerodrome #Orca #Curve #Cetus #THORChain #LFJ
#Uniswap #Raydium #PancakeSwap #Aerodrome #Orca #Curve #Cetus #THORChain #LFJ
$UNI Short Squeeze – $71.7K Liquidated at $9.005!
$UNI just rocked the shorts! A $71.7K short position was liquidated at $9.005 as bulls take control, sending the price soaring!
The squeeze is on – what’s next for $UNI ?
#Uniswap #Crypto #BTCBreaks84k #CryptoTrading #DogecoinPriceSurge
$UNI just rocked the shorts! A $71.7K short position was liquidated at $9.005 as bulls take control, sending the price soaring!
The squeeze is on – what’s next for $UNI ?
#Uniswap #Crypto #BTCBreaks84k #CryptoTrading #DogecoinPriceSurge
$UNI Short Squeeze! $71.7K Liquidated at $9.005!
$UNI price surge just liquidated a $71.7K short at $9.005!
Bears are feeling the heat as the bulls push higher, sparking a wave of liquidations.
Is this the start of a major breakout?
#Uniswap #Crypto #ShortSqueeze #Liquidation #DeFi
$UNI price surge just liquidated a $71.7K short at $9.005!
Bears are feeling the heat as the bulls push higher, sparking a wave of liquidations.
Is this the start of a major breakout?
#Uniswap #Crypto #ShortSqueeze #Liquidation #DeFi
$UNI Liquidated Short – $71.7K at $9.005! 🚨
Massive Liquidation Alert!
$UNI (UNI) just delivered a thrilling moment in the market as a $71.7K short position was liquidated at $9.005! 🤑
The short squeeze is real, and the price action has been nothing short of electrifying.
Traders who bet against UNI are feeling the burn, while bulls are celebrating the unexpected surge! 📈
🔥 What Happened?
In a shocking turn, UNI’s price defied expectations, triggering a liquidation cascade and turning the tables on short sellers.
With the DeFi space heating up and Uniswap’s continued dominance, this spike has traders rethinking their strategies.
The market is showing no signs of slowing down – volatility is king right now! 🔥
⚡ What’s Next for $UNI ?
With UNI’s price now surging past $9, will it continue its upward momentum or consolidate before another explosive breakout?
The market is buzzing with anticipation, and we could be in for more thrilling price action in the coming days. 📊
⚠️ Attention Traders: The UNI rollercoaster is just getting started!
Are you ready for the ride? Don’t blink, because the next twist could come at any moment.
#UNI #Uniswap #Liquidation #CryptoTrading #CryptoNews
Massive Liquidation Alert!
$UNI (UNI) just delivered a thrilling moment in the market as a $71.7K short position was liquidated at $9.005! 🤑
The short squeeze is real, and the price action has been nothing short of electrifying.
Traders who bet against UNI are feeling the burn, while bulls are celebrating the unexpected surge! 📈
🔥 What Happened?
In a shocking turn, UNI’s price defied expectations, triggering a liquidation cascade and turning the tables on short sellers.
With the DeFi space heating up and Uniswap’s continued dominance, this spike has traders rethinking their strategies.
The market is showing no signs of slowing down – volatility is king right now! 🔥
⚡ What’s Next for $UNI ?
With UNI’s price now surging past $9, will it continue its upward momentum or consolidate before another explosive breakout?
The market is buzzing with anticipation, and we could be in for more thrilling price action in the coming days. 📊
⚠️ Attention Traders: The UNI rollercoaster is just getting started!
Are you ready for the ride? Don’t blink, because the next twist could come at any moment.
#UNI #Uniswap #Liquidation #CryptoTrading #CryptoNews
Ethereum Name Service ($ENS ) plans to launch its own layer-2 blockchain, "#Namechain ," using zero-knowledge rollups to improve scalability and reduce transaction costs. This new blockchain, expected to go live by late 2025, aims to maintain Ethereum's security while offering lower fees. ENS, which simplifies crypto addresses into human-readable names, will upgrade its system to ENSv2 to extend it onto Namechain, ensuring compatibility with existing ENS features. ENS joins other major crypto projects like #Uniswap and #Kraken in adopting layer-2 solutions, although those rely on different technology (OP Stack). ENS co-founder Nick Johnson anticipates Namechain will enhance scalability and support new applications.
$UNI /USDT has broken above the key resistance trendline, signaling potential bullish momentum.
If it holds above this level, it could target the $12 resistance.
Invalidation: any close below $8
DYOR, NFA
#uniusdt #Uniswap #AltcoinsAreBack #BullRunAhead #Uniswape
If it holds above this level, it could target the $12 resistance.
Invalidation: any close below $8
DYOR, NFA
#uniusdt #Uniswap #AltcoinsAreBack #BullRunAhead #Uniswape
Uniswap Founder Burns $650B HayCoin Against Speculation
Uniswap founder Hayden Adams burned 99% of the HayCoin (HAY) supply on Oct. 20, according to an announcement on X (formerly Twitter). The majority of the tokens have been removed from circulation due to Adams’ concerns about price speculation over the previous days.
Adams deployed the HAY token for testing five years ago, before the launch of the decentralized protocol Uniswap. He created a small test liquidity pool with a tiny fraction of the total supply and kept over 99.9% of HAY tokens in his wallet. Just a few weeks ago, the token was trading like a memecoin in the six-figure range:
"Over the years, a few people have noticed it and bought it as a joke/for the novelty of it. Was extremely surprised to see people buying and selling significant dollar amounts this past week, treating it like a memecoin. Crypto can be weird sometimes."
Five years ago, before the launch of Uniswap v1, I deployed a token called HayCoin to use for testing. This was back when gas was so cheap that mainnet could be used as as a testnet. After the launch of v1, I created a small test liquidity pool with a tiny fraction of the total…
— hayden.eth (@haydenzadams) October 20, 2023
According to Adam's post, about $650 billion worth of HAY tokens were burned. The Uniswap’s founder dubbed price speculation as "silly," noting that he does not want his profile picture associated with the token:
"Ultimately, I’m uncomfortable owning almost the entire supply (~99.99%) of a token that people are memeing and speculating on, so I decided to burn the full amount in my wallet (”valued” at an absurd ~$650b)."
When a token is burned, it is permanently removed from circulation. But it also creates inflationary effects on their price since it decreases the amount of available units. At the time of writing, the HAY token is traded at $2,392,640, up over 235% in the past 24 hours, according to CoinGecko.
Adam’s move raised a few eyebrows on X. Aside from the impact on the HAY price, users pointed out that the token burning could be considered a taxable event. "Assuming a cost basis of $0, a ~$650 billion disposal gives rise to ~$128 billion long-term capital gains liability," wrote a user.
Others suggested that Adams could have sold the tokens before burning them and donated the profits.
Magazine: Are DAOs overhyped and unworkable? Lessons from the front lines
Adams deployed the HAY token for testing five years ago, before the launch of the decentralized protocol Uniswap. He created a small test liquidity pool with a tiny fraction of the total supply and kept over 99.9% of HAY tokens in his wallet. Just a few weeks ago, the token was trading like a memecoin in the six-figure range:
"Over the years, a few people have noticed it and bought it as a joke/for the novelty of it. Was extremely surprised to see people buying and selling significant dollar amounts this past week, treating it like a memecoin. Crypto can be weird sometimes."
Five years ago, before the launch of Uniswap v1, I deployed a token called HayCoin to use for testing. This was back when gas was so cheap that mainnet could be used as as a testnet. After the launch of v1, I created a small test liquidity pool with a tiny fraction of the total…
— hayden.eth (@haydenzadams) October 20, 2023
According to Adam's post, about $650 billion worth of HAY tokens were burned. The Uniswap’s founder dubbed price speculation as "silly," noting that he does not want his profile picture associated with the token:
"Ultimately, I’m uncomfortable owning almost the entire supply (~99.99%) of a token that people are memeing and speculating on, so I decided to burn the full amount in my wallet (”valued” at an absurd ~$650b)."
When a token is burned, it is permanently removed from circulation. But it also creates inflationary effects on their price since it decreases the amount of available units. At the time of writing, the HAY token is traded at $2,392,640, up over 235% in the past 24 hours, according to CoinGecko.
Adam’s move raised a few eyebrows on X. Aside from the impact on the HAY price, users pointed out that the token burning could be considered a taxable event. "Assuming a cost basis of $0, a ~$650 billion disposal gives rise to ~$128 billion long-term capital gains liability," wrote a user.
Others suggested that Adams could have sold the tokens before burning them and donated the profits.
Magazine: Are DAOs overhyped and unworkable? Lessons from the front lines
Pushd (PUSHD): New Presale Gem Tipped By Analysts to Better Solana (SOL) and Uniswap (UNI)
The post Pushd (PUSHD): New Presale Gem Tipped By Analysts To Better Solana (SOL) and Uniswap (UNI) appeared first on Coinpedia Fintech News
The crypto world seems to finally be recovering from a long and hard crypto winter following the bull run of 2021. Prices are up significantly and tokens like Solana (SOL) and Uniswap (UNI) grew 32% and 23% respectively in the past week. These price rallies have brought renewed hope to the crypto ecosystem and more people are finally becoming comfortable with investing in the market again.
Solana (SOL) Records Mixed Performances
December has been a great month overall for Solana (SOL) investors. The Solana (SOL) blockchain’s utility token, SOL, nearly doubled its market price in December with daily trade volumes soaring well over $5 billion. That rapid rise was followed by a slight decline in market value in the last days of December. Analysts believe this dip in price is a price correction following a sharp uptick in prices, with the dip averaging about 7% over the last few days. With a token supply increase of 100 million Solana (SOL) tokens, analysts warn not to expect a new Solana (SOL) all-time high anytime soon.
Uniswap (UNI) Swaps In Exciting New Features
If you’ve been following Uniswap (UNI) news, you must know that the platform recently implemented some new features that have contributed to its price surge. Among these features are an Android mobile wallet app called Rootstock, and support for additional blockchain networks. The result of these new features was a 25% increase in the price of Uniswap’s (UNI) utility token, UNI, in the past week. Uniswap (UNI) which started the week just under $6 per token, now traded at $7.52 per token at the time of writing.
A New Token To Swap Your Uniswap (UNI) Tokens For
Solana (SOL) and Uniswap (UNI) might be having the ride of their lives on the crypto Ferris wheel, but other smaller projects are slowly bubbling to the top. One such gem is Pushd (PUSHD), a soon-to-be-launched decentralized online marketplace. Similar to e-commerce giants like Amazon and eBay, Pushd’s (PUSHD) claim to fame is its first-mover advantage which it leverages the power of decentralization to gain.
Before Pushd (PUSHD), listing and buying items online often came with fees that made trading costlier for both the vendor and the buyer. Pushd (PUSHD) changes all that with much lower fees, and accelerates the online trading process by cutting off the time-consuming KYC processes associated with traditional online marketplaces.
Pushd (PUSHD) promises investors a low-cost token that costs only $0.035 with huge potential upsides. It’s no secret that the best time to invest in any crypto project is at the start because that is when the most gains can be made; Pushd (PUSHD) is a great early-stage project to look into. We strongly suspect this could be a blue-chip project. Pushd (PUSHD) is still in Stage 1 of its presale, so now is the best time to sign up to be a part of its profitable future.
For more information about the Pushd (PUSHD) Presale, visit their website.
The crypto world seems to finally be recovering from a long and hard crypto winter following the bull run of 2021. Prices are up significantly and tokens like Solana (SOL) and Uniswap (UNI) grew 32% and 23% respectively in the past week. These price rallies have brought renewed hope to the crypto ecosystem and more people are finally becoming comfortable with investing in the market again.
Solana (SOL) Records Mixed Performances
December has been a great month overall for Solana (SOL) investors. The Solana (SOL) blockchain’s utility token, SOL, nearly doubled its market price in December with daily trade volumes soaring well over $5 billion. That rapid rise was followed by a slight decline in market value in the last days of December. Analysts believe this dip in price is a price correction following a sharp uptick in prices, with the dip averaging about 7% over the last few days. With a token supply increase of 100 million Solana (SOL) tokens, analysts warn not to expect a new Solana (SOL) all-time high anytime soon.
Uniswap (UNI) Swaps In Exciting New Features
If you’ve been following Uniswap (UNI) news, you must know that the platform recently implemented some new features that have contributed to its price surge. Among these features are an Android mobile wallet app called Rootstock, and support for additional blockchain networks. The result of these new features was a 25% increase in the price of Uniswap’s (UNI) utility token, UNI, in the past week. Uniswap (UNI) which started the week just under $6 per token, now traded at $7.52 per token at the time of writing.
A New Token To Swap Your Uniswap (UNI) Tokens For
Solana (SOL) and Uniswap (UNI) might be having the ride of their lives on the crypto Ferris wheel, but other smaller projects are slowly bubbling to the top. One such gem is Pushd (PUSHD), a soon-to-be-launched decentralized online marketplace. Similar to e-commerce giants like Amazon and eBay, Pushd’s (PUSHD) claim to fame is its first-mover advantage which it leverages the power of decentralization to gain.
Before Pushd (PUSHD), listing and buying items online often came with fees that made trading costlier for both the vendor and the buyer. Pushd (PUSHD) changes all that with much lower fees, and accelerates the online trading process by cutting off the time-consuming KYC processes associated with traditional online marketplaces.
Pushd (PUSHD) promises investors a low-cost token that costs only $0.035 with huge potential upsides. It’s no secret that the best time to invest in any crypto project is at the start because that is when the most gains can be made; Pushd (PUSHD) is a great early-stage project to look into. We strongly suspect this could be a blue-chip project. Pushd (PUSHD) is still in Stage 1 of its presale, so now is the best time to sign up to be a part of its profitable future.
For more information about the Pushd (PUSHD) Presale, visit their website.
Why $UNI upumping? Say good bye 0x…..address or what to do? This work on etherscan to test SEARCH!!
🧡 Users who link their digital identities with a web3 domain perform 13 times more actions monthly than the average indexed user.
🧡 $ENS provides the best gas-less infrastructure for creating a branded namespace.
💛 Users can navigate across #Web3 without losing connection with the app
Today, ann say; #Uniswap rewarded anyone to claim an ENS free on App Uniswap. (claim at the offchain return to EIP-3668)
Just claim this fact. Sounds good
🧡 Users who link their digital identities with a web3 domain perform 13 times more actions monthly than the average indexed user.
🧡 $ENS provides the best gas-less infrastructure for creating a branded namespace.
💛 Users can navigate across #Web3 without losing connection with the app
Today, ann say; #Uniswap rewarded anyone to claim an ENS free on App Uniswap. (claim at the offchain return to EIP-3668)
Just claim this fact. Sounds good
Uniswap Price Prediction: Can UNI Coin Price Hold Its Current Bullish Breakouts?
Uniswap: A Quick Introduction
Uniswap: Working Module
Uniswap Price Prediction: Price History
UNI Token Price: Technical Analysis
Uniswap Price Prediction By Blockchain Reporter
Uniswap Price Prediction 2023
Uniswap Price Prediction 2024
UNI Price Forecast for 2025
Uniswap (UNI) Price Prediction 2026
Uniswap Price Prediction 2027
Uniswap Price Prediction 2028
Uniswap (UNI) Price Prediction 2029
Uniswap Price Forecast 2030
Uniswap (UNI) Price Prediction 2031
Uniswap Price Prediction 2032
Uniswap Price Forecast: By Experts
Is Uniswap A Good Investment? When To Buy?
Conclusion
Uniswap stands out as a prominent decentralized cryptocurrency exchange, functioning on the Ethereum blockchain. In contrast to the model where crypto trading predominantly occurs on centralized platforms like Coinbase and Binance, Uniswap offers a unique approach. Centralized exchanges are typically under the jurisdiction of a single organization, requiring users to entrust their funds to the platform and employing a conventional order book system for trade execution. Uniswap, however, diverges from this norm by being fully decentralized – not under the control of any single entity. It also introduces a novel trading mechanism known as an automated liquidity protocol, distinguishing itself from traditional exchange models. Automated Market Makers (AMMs) tackle the challenge of insufficient liquidity, which can make converting assets on an exchange into cash difficult. They do this by creating liquidity pools and encouraging liquidity providers to contribute assets to these pools.
The greater the liquidity in a pool, the easier it becomes to execute trades. Uniswap is designed to be permissionless, offering its services to everyone without any restrictions or controls over who can use them. The Uniswap network utilizes UNI as its utility and governance token. Holders of UNI have the ability to participate in voting on different proposals or can delegate their voting rights to others. Additionally, they can earn rewards through staking their tokens. As the overall crypto market has been on an upward trend recently following Bitcoin’s surge above $38,000, Uniswap token broke above its multi-year resistance, aiming to head toward its ATH. In this article, we’ll explore Uniswap price prediction, its current market sentiment with in-depth technical analysis and future market performance.
Uniswap: A Quick Introduction
Uniswap functions as a decentralized exchange facilitating peer-to-peer market making and operates under the cryptocurrency symbol ‘UNI’. It allows users to engage in trading without the involvement of a centralized intermediary.
Running on the Ethereum blockchain, Uniswap is controlled by its UNI token holders. The platform characterizes its blockchain as a public good and maintains an open-source nature, allowing anyone to view and contribute to its code. Uniswap supports the trading of digital tokens complying with the Ethereum ERC-20 technical standard.
1/ Uniswap v4 makes some big changes to v3.Like rearchitecting Uniswap’s AMM to have only one contract It’s called the “Singleton” design pattern and it’s a big gas saver.
— Uniswap Labs (@Uniswap) June 20, 2023
It relies on smart contracts, a feature of blockchain technology, to operate as an automated market maker, enabling users to create liquidity pools, contribute liquidity, and swap various digital assets securely.
Hayden Adams, who previously worked as a mechanical engineer at Siemens, founded Uniswap on November 2, 2018. Uniswap’s design is permissionless, making its protocol accessible to all without any selective access restrictions. Thus, anyone can utilize Uniswap for trading digital assets, adding liquidity, or establishing new markets for trading different digital asset pairs.
The platform leverages smart contracts not only to streamline asset trading but also to circumvent the liquidity challenges often faced by centralized exchanges. By eliminating intermediary parties like centralized exchanges or financial institutions, Uniswap potentially reduces transaction fees, further enhancing its efficiency and appeal.
Uniswap: Working Module
The Uniswap platform employs smart contracts based on blockchain technology to enable decentralized trading of various digital assets. It operates through liquidity pools, where pairs of digital assets are exchanged. These pools use smart contracts that automatically readjust after each trade. The Uniswap blockchain, similar to an electronic ledger, is constantly updated to mirror the trading activities of its users. As it operates without the need for a central authority, Uniswap acts as an automated market maker.
1/ Uniswap v4 cuts gas on swapping and creating new pools How?Singleton, flash accounting, and & EIP 1153
— Uniswap Labs (@Uniswap) November 21, 2023
Uniswap operates on the Ethereum platform, which has adopted the proof-of-stake method since transitioning from proof of work in 2022.
There are several ways users can engage with the Uniswap decentralized exchange:
Creating New Markets: Users can leverage smart contracts on Uniswap to establish markets for trading new pairs of digital assets.
Swapping Assets in Existing Markets: Uniswap allows users to exchange digital assets through already established decentralized markets.
Providing Liquidity and Earning Rewards: Users can contribute liquidity by staking their digital assets, i.e., committing not to trade or sell them. In return, they receive rewards in the form of UNI tokens.
Participating in Governance: Holders of UNI tokens have governance rights over the Uniswap platform, with their voting power proportional to their UNI holdings.
To participate in the Uniswap network, users must connect a compatible digital wallet. Additionally, since the Ethereum platform incurs fees for processing transactions, Uniswap users need to have Ether (ETH) to cover any transaction fees.
In its technical documentation, or whitepaper, Uniswap calls itself as a “noncustodial automated market maker”. In other words, it is a decentralized exchange. It goes on to say that it offers flexible fees, a convenient way to check on price changes, and more efficient liquidity.
In the summer of 2023, the Uniswap decentralized exchange (DEX) experienced unforeseen success. This surge in popularity occurred following a security breach at Curve DAO (CRV), one of its primary competitors, which resulted in a loss exceeding $50 million in cryptocurrency. This incident led to an influx of traders turning to Uniswap. Additionally, following the release of the latest upgrade to Uniswap’s platform in June, there was a noticeable increase in the value of its token, UNI. Top of Form
Uniswap Price Prediction: Price History
Let’s dive into the price history of the UNI token. While historical performance isn’t a reliable indicator of future trends, understanding its past movements can provide valuable context for interpreting or formulating Uniswap price predictions.
UNI entered the open market in September 2020, initially trading at around $6.50. However, it experienced a significant drop, closing at $2.80 on October 7 and reaching a daily low of $1.89 on November 4, 2020 — a 70% decrease from its September prices. It ended the year at $5.17.
2021 was a significant year for UNI. It participated in a burgeoning market, escalating from $5.25 on January 11 to $29.14 on February 20, marking a 455% increase in just over a month. The momentum continued, with the token reaching an all-time high of $44.97 on May 3, 2021. The price then fluctuated, dropping to $14.60 on July 20 but recovering to $31.30 on September 1, before closing the year at $17.07.
2022 presented challenges for many cryptocurrencies, including UNI, amidst fears of a ‘crypto winter’ and market crashes. UNI’s price decreased from $17.81 on January 16 to $3.37 on June 18, an 81% fall. Some positive developments followed, such as the acquisition of Genie and listing on Robinhood, which boosted its price to $6 on June 26 and $9.74 on July 28, respectively.
However, the price again declined, influenced by market dynamics and events like the collapse of FTX. By November 9, UNI had fallen to $4.77. A slight recovery followed, with the token valued at about $5.33 on December 22. At this time, there were 762.2 million UNI in circulation out of a total supply of 1 billion.
2023 saw further fluctuations for UNI. After briefly rising above $7 in February, it dropped again. On June 10, amid news about Crypto.com, it traded at $3.75 but recovered to $5.50 on June 26, only to fall to approximately $4.79 on June 28. Nevertheless, by August 1, 2023, UNI had climbed to around $6.45. However, since October, UNI price regained its momentum and surged above $6, maintaining robust buying pressure.
UNI Token Price: Technical Analysis
Recently, the UNI coin price experienced intense bullish sentiment, which has triggered buyers near the immediate resistance levels. The price has made a breakout momentum above $6.6 as BTC price touched a high of $38K. After surging above the $5.5-mark, Uniswap’s price sparked an intense buying momentum and surged exponentially. The price has been facing intense buying pressure recently, and it managed to break above multiple resistance levels following CZ’s recent interest in the DeFi space. A thorough technical analysis of the Uniswap token price reveals bullish indicators, which may soon send the price to new highs.
According to Coinmarketcap, the Uniswap token price is currently trading at $6.2, reflecting a decrease of 0.6% in the last 24 hours. Our technical evaluation of Uniswap price indicates that the current bullish momentum may soon fade as bears are attempting to reverse the trend from the upcoming resistance at $6.8; however, bulls are trying to prevent the price from dropping below the immediate support level of $5.5. Examining the daily price chart, UNI coin price has found support near the $4.7 level, from which the price gained bullish momentum and was attempting to break above multiple Fib channels. As UNI price continues to trade above the EMA20, buyers are gaining confidence to open further long positions and send the price to test its upcoming resistance. The Balance of Power (BoP) indicator is currently trading in a negative region zone at 0.04 as sellers are increasing their domination on the price chart.
To thoroughly analyze the price of a Uniswap coin, it is crucial to take a look at the RSI-14 indicator. The RSI indicator recently experienced a surge as the Uniswap price failed to hold sellers’ demand near support channels. The trend line is currently hovering above the midline as it trades at level 62, hinting that further upward correction is on the horizon. It is anticipated that the Uniswap price will soon attempt to break above its 23.6% Fibonacci level to achieve its short-term bullish goals of around $12. If bears fail to plunge below the current 0.038 Fibonacci region, an upward trend might be on the horizon.
As the SMA-14 continues its swing by trading at 71, it trades slightly above the RSI line, potentially holding promises about the coin’s upward movement on the price chart. If UNI’s price makes a bullish reversal, it can pave the way to resistance at $7.7. A breakout above will drive the coin’s price toward the upper limit of the Bollinger band at $9.4, and then to $12.
Conversely, if Uniswap fails to hold above the critical support region of $4.7, a sudden collapse may occur, resulting in further price declines and causing the coin’s price to trade near the Bollinger Band’s lower limit of $3.5. If the price fails to continue a trade above, it may trigger a more significant bearish downtrend to $2.4.
Uniswap Price Prediction By Blockchain Reporter
Uniswap Price Prediction 2023
Uniswap price is forecast to reach a lowest possible level of $6.41 in 2023. As per our findings, the UNI price could reach a maximum possible level of $7.05 with the average forecast price of $6.66.
Uniswap Price Prediction 2024
As per the forecast and technical analysis, in 2024, the price of Uniswap is expected to reach a minimum price value of $9.07. The UNI price can reach a maximum price value of $11.01 with the average value of $9.40.
UNI Price Forecast for 2025
Uniswap price is forecast to reach a lowest possible level of $13.87 in 2025. As per our findings, the UNI price could reach a maximum possible level of $15.84 with the average forecast price of $14.34.
Uniswap (UNI) Price Prediction 2026
According to our deep technical analysis on past price data of UNI, in 2026, the price of Uniswap is predicted to reach at a minimum level of $20.12. The UNI price can reach a maximum level of $24.39 with the average trading price of $20.83.
Uniswap Price Prediction 2027
The price of Uniswap is predicted to reach a minimum level of $27.79 in 2027. The Uniswap price can reach a maximum level of $34.63 with the average price of $28.84 throughout 2027.
Uniswap Price Prediction 2028
According to our deep technical analysis on past price data of UNI, in 2028, the price of Uniswap is forecasted to be at around a minimum value of $41.15. The Uniswap price value can reach a maximum of $48.06 with the average trading value of $42.31.
Uniswap (UNI) Price Prediction 2029
The price of 1 Uniswap is expected to reach a minimum level of $62.21 in 2029. The UNI price can reach a maximum level of $72.62 with the average price of $63.91 throughout 2029.
Uniswap Price Forecast 2030
The price of Uniswap is predicted to reach a minimum value of $94.91 in 2030. The Uniswap price could reach a maximum value of $110.30 with the average trading price of $97.47 throughout 2030.
Uniswap (UNI) Price Prediction 2031
As per the forecast price and technical analysis, in 2031, the price of Uniswap is predicted to reach at a minimum level of $134.99. The UNI price can reach a maximum level of $164.03 with the average trading price of $138.89.
Uniswap Price Prediction 2032
The price of Uniswap is predicted to reach a minimum value of $194.28 in 2032. The Uniswap price could reach a maximum value of $228.72 with the average trading price of $199.84 throughout 2032.
Uniswap Price Forecast: By Experts
Digital Coin Price predicts a positive outlook for Uniswap’s future value. In 2024, the forecast suggests that UNI’s price might exceed $15.13. Towards the end of that year, the token’s value is expected to reach at least $13.38, with a potential peak of $15.6. Looking ahead to 2032, UNI is projected to surpass $117.87. By the close of 2032, Uniswap’s price is anticipated to be no less than $117.46, possibly climbing to a high of $119.48.
Coincodex’s latest Uniswap price prediction anticipates a 7.26% decline in its value, targeting $5.70 by November 28, 2023. With technical indicators leaning towards a bullish trend and the Fear & Greed Index at 66 (indicating Greed), Uniswap has seen 47% green days (14 out of 30) and experienced a 9.81% volatility in the past month.
Coincodex suggests that now might be an opportune moment to invest in Uniswap. Based on historical data and BTC halving cycles, Uniswap’s price in 2024 could drop to a low of $5.35. Additionally, there’s an expectation that Uniswap’s price could surge to a high of $14.14 in the following year.
Is Uniswap A Good Investment? When To Buy?
Following a hack at Curve DAO, Uniswap found itself in an advantageous position to benefit. Consequently, its price has maintained an upward trajectory and is currently in a better state than it was a few months prior.
In June, UNI unveiled the code for its latest update. This development coincided with a rise in the token’s price, illustrating how new advancements can stimulate interest. It remains to be seen if this momentum can be sustained.
Recently, the growing optimism surrounding Uniswap is evident in UNI’s daily trading volume, which recently reached $497 million. The notable rise in UNI’s price has substantially boosted its market capitalization, adding over $750 million to approach a total of nearly $5 billion.
This increased interest is also mirrored in the Uniswap Protocol’s monthly trading volume, which has hit $14.25 billion in November to date. This is the highest volume since June, when the protocol experienced a record $16.20 billion in trades—a record that could potentially be surpassed by the end of the month.
Hence, Uniswap can be a profitable investment option ahead of the 2024 bull run. An investment at $5.5 can be lucrative in the long-term. As with any cryptocurrency investment, it’s crucial to conduct thorough research before deciding to invest in UNI.
Conclusion
Uniswap’s Version 3 (v3) was recently launched on the Boba Network with approval from its DAO community, backed by organizations like ConsenSys and FranklinDAO. This move allows Uniswap to potentially attract more users from the Boba Network, which could boost its transaction volume and the value of its token.
Despite the overall downturn in the decentralized finance (DeFi) sector, Uniswap remains a significant player. Its UNI token has experienced volatility but has started to stabilize thanks to new updates and features. Uniswap is aiming high, with ambitions to become the leading DeFi platform in the next few years.
Uniswap: Working Module
Uniswap Price Prediction: Price History
UNI Token Price: Technical Analysis
Uniswap Price Prediction By Blockchain Reporter
Uniswap Price Prediction 2023
Uniswap Price Prediction 2024
UNI Price Forecast for 2025
Uniswap (UNI) Price Prediction 2026
Uniswap Price Prediction 2027
Uniswap Price Prediction 2028
Uniswap (UNI) Price Prediction 2029
Uniswap Price Forecast 2030
Uniswap (UNI) Price Prediction 2031
Uniswap Price Prediction 2032
Uniswap Price Forecast: By Experts
Is Uniswap A Good Investment? When To Buy?
Conclusion
Uniswap stands out as a prominent decentralized cryptocurrency exchange, functioning on the Ethereum blockchain. In contrast to the model where crypto trading predominantly occurs on centralized platforms like Coinbase and Binance, Uniswap offers a unique approach. Centralized exchanges are typically under the jurisdiction of a single organization, requiring users to entrust their funds to the platform and employing a conventional order book system for trade execution. Uniswap, however, diverges from this norm by being fully decentralized – not under the control of any single entity. It also introduces a novel trading mechanism known as an automated liquidity protocol, distinguishing itself from traditional exchange models. Automated Market Makers (AMMs) tackle the challenge of insufficient liquidity, which can make converting assets on an exchange into cash difficult. They do this by creating liquidity pools and encouraging liquidity providers to contribute assets to these pools.
The greater the liquidity in a pool, the easier it becomes to execute trades. Uniswap is designed to be permissionless, offering its services to everyone without any restrictions or controls over who can use them. The Uniswap network utilizes UNI as its utility and governance token. Holders of UNI have the ability to participate in voting on different proposals or can delegate their voting rights to others. Additionally, they can earn rewards through staking their tokens. As the overall crypto market has been on an upward trend recently following Bitcoin’s surge above $38,000, Uniswap token broke above its multi-year resistance, aiming to head toward its ATH. In this article, we’ll explore Uniswap price prediction, its current market sentiment with in-depth technical analysis and future market performance.
Uniswap: A Quick Introduction
Uniswap functions as a decentralized exchange facilitating peer-to-peer market making and operates under the cryptocurrency symbol ‘UNI’. It allows users to engage in trading without the involvement of a centralized intermediary.
Running on the Ethereum blockchain, Uniswap is controlled by its UNI token holders. The platform characterizes its blockchain as a public good and maintains an open-source nature, allowing anyone to view and contribute to its code. Uniswap supports the trading of digital tokens complying with the Ethereum ERC-20 technical standard.
1/ Uniswap v4 makes some big changes to v3.Like rearchitecting Uniswap’s AMM to have only one contract It’s called the “Singleton” design pattern and it’s a big gas saver.
— Uniswap Labs (@Uniswap) June 20, 2023
It relies on smart contracts, a feature of blockchain technology, to operate as an automated market maker, enabling users to create liquidity pools, contribute liquidity, and swap various digital assets securely.
Hayden Adams, who previously worked as a mechanical engineer at Siemens, founded Uniswap on November 2, 2018. Uniswap’s design is permissionless, making its protocol accessible to all without any selective access restrictions. Thus, anyone can utilize Uniswap for trading digital assets, adding liquidity, or establishing new markets for trading different digital asset pairs.
The platform leverages smart contracts not only to streamline asset trading but also to circumvent the liquidity challenges often faced by centralized exchanges. By eliminating intermediary parties like centralized exchanges or financial institutions, Uniswap potentially reduces transaction fees, further enhancing its efficiency and appeal.
Uniswap: Working Module
The Uniswap platform employs smart contracts based on blockchain technology to enable decentralized trading of various digital assets. It operates through liquidity pools, where pairs of digital assets are exchanged. These pools use smart contracts that automatically readjust after each trade. The Uniswap blockchain, similar to an electronic ledger, is constantly updated to mirror the trading activities of its users. As it operates without the need for a central authority, Uniswap acts as an automated market maker.
1/ Uniswap v4 cuts gas on swapping and creating new pools How?Singleton, flash accounting, and & EIP 1153
— Uniswap Labs (@Uniswap) November 21, 2023
Uniswap operates on the Ethereum platform, which has adopted the proof-of-stake method since transitioning from proof of work in 2022.
There are several ways users can engage with the Uniswap decentralized exchange:
Creating New Markets: Users can leverage smart contracts on Uniswap to establish markets for trading new pairs of digital assets.
Swapping Assets in Existing Markets: Uniswap allows users to exchange digital assets through already established decentralized markets.
Providing Liquidity and Earning Rewards: Users can contribute liquidity by staking their digital assets, i.e., committing not to trade or sell them. In return, they receive rewards in the form of UNI tokens.
Participating in Governance: Holders of UNI tokens have governance rights over the Uniswap platform, with their voting power proportional to their UNI holdings.
To participate in the Uniswap network, users must connect a compatible digital wallet. Additionally, since the Ethereum platform incurs fees for processing transactions, Uniswap users need to have Ether (ETH) to cover any transaction fees.
In its technical documentation, or whitepaper, Uniswap calls itself as a “noncustodial automated market maker”. In other words, it is a decentralized exchange. It goes on to say that it offers flexible fees, a convenient way to check on price changes, and more efficient liquidity.
In the summer of 2023, the Uniswap decentralized exchange (DEX) experienced unforeseen success. This surge in popularity occurred following a security breach at Curve DAO (CRV), one of its primary competitors, which resulted in a loss exceeding $50 million in cryptocurrency. This incident led to an influx of traders turning to Uniswap. Additionally, following the release of the latest upgrade to Uniswap’s platform in June, there was a noticeable increase in the value of its token, UNI. Top of Form
Uniswap Price Prediction: Price History
Let’s dive into the price history of the UNI token. While historical performance isn’t a reliable indicator of future trends, understanding its past movements can provide valuable context for interpreting or formulating Uniswap price predictions.
UNI entered the open market in September 2020, initially trading at around $6.50. However, it experienced a significant drop, closing at $2.80 on October 7 and reaching a daily low of $1.89 on November 4, 2020 — a 70% decrease from its September prices. It ended the year at $5.17.
2021 was a significant year for UNI. It participated in a burgeoning market, escalating from $5.25 on January 11 to $29.14 on February 20, marking a 455% increase in just over a month. The momentum continued, with the token reaching an all-time high of $44.97 on May 3, 2021. The price then fluctuated, dropping to $14.60 on July 20 but recovering to $31.30 on September 1, before closing the year at $17.07.
2022 presented challenges for many cryptocurrencies, including UNI, amidst fears of a ‘crypto winter’ and market crashes. UNI’s price decreased from $17.81 on January 16 to $3.37 on June 18, an 81% fall. Some positive developments followed, such as the acquisition of Genie and listing on Robinhood, which boosted its price to $6 on June 26 and $9.74 on July 28, respectively.
However, the price again declined, influenced by market dynamics and events like the collapse of FTX. By November 9, UNI had fallen to $4.77. A slight recovery followed, with the token valued at about $5.33 on December 22. At this time, there were 762.2 million UNI in circulation out of a total supply of 1 billion.
2023 saw further fluctuations for UNI. After briefly rising above $7 in February, it dropped again. On June 10, amid news about Crypto.com, it traded at $3.75 but recovered to $5.50 on June 26, only to fall to approximately $4.79 on June 28. Nevertheless, by August 1, 2023, UNI had climbed to around $6.45. However, since October, UNI price regained its momentum and surged above $6, maintaining robust buying pressure.
UNI Token Price: Technical Analysis
Recently, the UNI coin price experienced intense bullish sentiment, which has triggered buyers near the immediate resistance levels. The price has made a breakout momentum above $6.6 as BTC price touched a high of $38K. After surging above the $5.5-mark, Uniswap’s price sparked an intense buying momentum and surged exponentially. The price has been facing intense buying pressure recently, and it managed to break above multiple resistance levels following CZ’s recent interest in the DeFi space. A thorough technical analysis of the Uniswap token price reveals bullish indicators, which may soon send the price to new highs.
According to Coinmarketcap, the Uniswap token price is currently trading at $6.2, reflecting a decrease of 0.6% in the last 24 hours. Our technical evaluation of Uniswap price indicates that the current bullish momentum may soon fade as bears are attempting to reverse the trend from the upcoming resistance at $6.8; however, bulls are trying to prevent the price from dropping below the immediate support level of $5.5. Examining the daily price chart, UNI coin price has found support near the $4.7 level, from which the price gained bullish momentum and was attempting to break above multiple Fib channels. As UNI price continues to trade above the EMA20, buyers are gaining confidence to open further long positions and send the price to test its upcoming resistance. The Balance of Power (BoP) indicator is currently trading in a negative region zone at 0.04 as sellers are increasing their domination on the price chart.
To thoroughly analyze the price of a Uniswap coin, it is crucial to take a look at the RSI-14 indicator. The RSI indicator recently experienced a surge as the Uniswap price failed to hold sellers’ demand near support channels. The trend line is currently hovering above the midline as it trades at level 62, hinting that further upward correction is on the horizon. It is anticipated that the Uniswap price will soon attempt to break above its 23.6% Fibonacci level to achieve its short-term bullish goals of around $12. If bears fail to plunge below the current 0.038 Fibonacci region, an upward trend might be on the horizon.
As the SMA-14 continues its swing by trading at 71, it trades slightly above the RSI line, potentially holding promises about the coin’s upward movement on the price chart. If UNI’s price makes a bullish reversal, it can pave the way to resistance at $7.7. A breakout above will drive the coin’s price toward the upper limit of the Bollinger band at $9.4, and then to $12.
Conversely, if Uniswap fails to hold above the critical support region of $4.7, a sudden collapse may occur, resulting in further price declines and causing the coin’s price to trade near the Bollinger Band’s lower limit of $3.5. If the price fails to continue a trade above, it may trigger a more significant bearish downtrend to $2.4.
Uniswap Price Prediction By Blockchain Reporter
Uniswap Price Prediction 2023
Uniswap price is forecast to reach a lowest possible level of $6.41 in 2023. As per our findings, the UNI price could reach a maximum possible level of $7.05 with the average forecast price of $6.66.
Uniswap Price Prediction 2024
As per the forecast and technical analysis, in 2024, the price of Uniswap is expected to reach a minimum price value of $9.07. The UNI price can reach a maximum price value of $11.01 with the average value of $9.40.
UNI Price Forecast for 2025
Uniswap price is forecast to reach a lowest possible level of $13.87 in 2025. As per our findings, the UNI price could reach a maximum possible level of $15.84 with the average forecast price of $14.34.
Uniswap (UNI) Price Prediction 2026
According to our deep technical analysis on past price data of UNI, in 2026, the price of Uniswap is predicted to reach at a minimum level of $20.12. The UNI price can reach a maximum level of $24.39 with the average trading price of $20.83.
Uniswap Price Prediction 2027
The price of Uniswap is predicted to reach a minimum level of $27.79 in 2027. The Uniswap price can reach a maximum level of $34.63 with the average price of $28.84 throughout 2027.
Uniswap Price Prediction 2028
According to our deep technical analysis on past price data of UNI, in 2028, the price of Uniswap is forecasted to be at around a minimum value of $41.15. The Uniswap price value can reach a maximum of $48.06 with the average trading value of $42.31.
Uniswap (UNI) Price Prediction 2029
The price of 1 Uniswap is expected to reach a minimum level of $62.21 in 2029. The UNI price can reach a maximum level of $72.62 with the average price of $63.91 throughout 2029.
Uniswap Price Forecast 2030
The price of Uniswap is predicted to reach a minimum value of $94.91 in 2030. The Uniswap price could reach a maximum value of $110.30 with the average trading price of $97.47 throughout 2030.
Uniswap (UNI) Price Prediction 2031
As per the forecast price and technical analysis, in 2031, the price of Uniswap is predicted to reach at a minimum level of $134.99. The UNI price can reach a maximum level of $164.03 with the average trading price of $138.89.
Uniswap Price Prediction 2032
The price of Uniswap is predicted to reach a minimum value of $194.28 in 2032. The Uniswap price could reach a maximum value of $228.72 with the average trading price of $199.84 throughout 2032.
Uniswap Price Forecast: By Experts
Digital Coin Price predicts a positive outlook for Uniswap’s future value. In 2024, the forecast suggests that UNI’s price might exceed $15.13. Towards the end of that year, the token’s value is expected to reach at least $13.38, with a potential peak of $15.6. Looking ahead to 2032, UNI is projected to surpass $117.87. By the close of 2032, Uniswap’s price is anticipated to be no less than $117.46, possibly climbing to a high of $119.48.
Coincodex’s latest Uniswap price prediction anticipates a 7.26% decline in its value, targeting $5.70 by November 28, 2023. With technical indicators leaning towards a bullish trend and the Fear & Greed Index at 66 (indicating Greed), Uniswap has seen 47% green days (14 out of 30) and experienced a 9.81% volatility in the past month.
Coincodex suggests that now might be an opportune moment to invest in Uniswap. Based on historical data and BTC halving cycles, Uniswap’s price in 2024 could drop to a low of $5.35. Additionally, there’s an expectation that Uniswap’s price could surge to a high of $14.14 in the following year.
Is Uniswap A Good Investment? When To Buy?
Following a hack at Curve DAO, Uniswap found itself in an advantageous position to benefit. Consequently, its price has maintained an upward trajectory and is currently in a better state than it was a few months prior.
In June, UNI unveiled the code for its latest update. This development coincided with a rise in the token’s price, illustrating how new advancements can stimulate interest. It remains to be seen if this momentum can be sustained.
Recently, the growing optimism surrounding Uniswap is evident in UNI’s daily trading volume, which recently reached $497 million. The notable rise in UNI’s price has substantially boosted its market capitalization, adding over $750 million to approach a total of nearly $5 billion.
This increased interest is also mirrored in the Uniswap Protocol’s monthly trading volume, which has hit $14.25 billion in November to date. This is the highest volume since June, when the protocol experienced a record $16.20 billion in trades—a record that could potentially be surpassed by the end of the month.
Hence, Uniswap can be a profitable investment option ahead of the 2024 bull run. An investment at $5.5 can be lucrative in the long-term. As with any cryptocurrency investment, it’s crucial to conduct thorough research before deciding to invest in UNI.
Conclusion
Uniswap’s Version 3 (v3) was recently launched on the Boba Network with approval from its DAO community, backed by organizations like ConsenSys and FranklinDAO. This move allows Uniswap to potentially attract more users from the Boba Network, which could boost its transaction volume and the value of its token.
Despite the overall downturn in the decentralized finance (DeFi) sector, Uniswap remains a significant player. Its UNI token has experienced volatility but has started to stabilize thanks to new updates and features. Uniswap is aiming high, with ambitions to become the leading DeFi platform in the next few years.
(libevem in 2021)
In #Uniswap s official 'ExampleFlashSwap.sol', the uniswapV2Call authorization is handled with the following logic:
if msg.sender is pair created by UniswapFactory:
authorized
else:
unauthorized
(banteg; response:
just learned uniswap has rugged devs in 2021 with a flash loan example. their protection just checked the callback came from any pool, which obviously allowed maliciously constructed payloads.)
In #Uniswap s official 'ExampleFlashSwap.sol', the uniswapV2Call authorization is handled with the following logic:
if msg.sender is pair created by UniswapFactory:
authorized
else:
unauthorized
(banteg; response:
just learned uniswap has rugged devs in 2021 with a flash loan example. their protection just checked the callback came from any pool, which obviously allowed maliciously constructed payloads.)
Uniswap Surpasses $1 Million Front-End Fees
Uniswap’s Front-End Fees Skyrocket to $1 Million in Less Than a Month
The decentralized finance (DeFi) space, Uniswap Labs has shattered expectations by surpassing $1 million in cumulative front-end fees in just 24 days. This significant milestone reflects a booming trend in Uniswap’s popularity and usage, with the front end accounting for approximately 16% of the recent Uniswap trading volume.
Uniswap Labs’ Annualized Revenue Hits Staggering $15.2 Million
The surge in front-end fees places Uniswap Labs on track for an impressive annualized revenue of around $15.2 million. This revelation underscores the platform’s financial viability and solidifies its standing as a leading player in the decentralized exchange.
As the decentralized finance sector continues to evolve rapidly, Uniswap’s success in generating substantial revenue through front-end fees showcases its ability to attract and retain users. The cumulative fees collected also highlight the growing significance of user interaction with the platform’s interface.
The decentralized finance (DeFi) space, Uniswap Labs has shattered expectations by surpassing $1 million in cumulative front-end fees in just 24 days. This significant milestone reflects a booming trend in Uniswap’s popularity and usage, with the front end accounting for approximately 16% of the recent Uniswap trading volume.
Uniswap Labs’ Annualized Revenue Hits Staggering $15.2 Million
The surge in front-end fees places Uniswap Labs on track for an impressive annualized revenue of around $15.2 million. This revelation underscores the platform’s financial viability and solidifies its standing as a leading player in the decentralized exchange.
As the decentralized finance sector continues to evolve rapidly, Uniswap’s success in generating substantial revenue through front-end fees showcases its ability to attract and retain users. The cumulative fees collected also highlight the growing significance of user interaction with the platform’s interface.
See original
✨ Hello, the $DevvE project, which we mentioned before, is listed on the Gate and Uniswap exchanges today at 15.00!
Keep following us for details.
#DevvE #Uniswap #cryptoonline
Keep following us for details.
#DevvE #Uniswap #cryptoonline
First Mover Americas: Bitcoin Gains As Trading Volume Surges
This article originally appeared in First Mover, CoinDesk’s daily newsletter putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.
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Bitcoin looked strong on Monday as the largest cryptocurrency by market value gained ground, rising just under 3% on the day. Bitcoin was trading around $30,600 at the time of writing. The rally comes as trading volumes have seen a surge. For centralized exchanges, the cumulative daily volume (based on a seven-day moving average) reached $16.24 billion from Oct. 16 to Oct. 22, according to a note from Matteo Greco, a research analyst at Fineqia. This is the third-highest trading volume recorded in the last 60 days, with the boost being primarily attributed to bitcoin trading, said Greco. Bitcoin’s total volume during this period was $6.4 billion, 68.4% more than the $3.8 billion recorded in the preceding week.
Hong Kong's financial regulator has relaxed earlier guidance that limited the sale of spot products to professional investors, allowing intermediaries to offer services to a wider range of clients. "The policy is updated in light of the latest market developments and enquiries from the industry seeking to further expand retail access through intermediaries and to allow investors to directly deposit and withdraw virtual assets to/from intermediaries with appropriate safeguards," the Securities and Futures Commission (SFC) said in a circular on Friday. The change comes amid mounting interest in spot bitcoin exchange-traded-funds (ETFs). Recently, JPMorgan said the approval of spot bitcoin ETFs in the U.S. could happen within months, and probably before Jan. 10, the final deadline for the Ark 21Shares application. It also comes after the authority accused crypto exchange JPEX of operating without a license, making arrests, and saying it would publish details of licensed applicants. The catch here is that Hong Kong still wants to avoid overseas virtual-asset products because it considers them "complex" and therefore particularly risky.
The first coins ever floated as an experiment by the creator of the decentralized exchange Uniswap are now trading at more than $3 million per token (yes, that's not a typo), with a supply of just 4.4 tokens. The original tokens were released by Uniswap creator Hayden Adams in 2019, back when the exchange was in its very initial stages. While the first-ever coins to be seeded and traded on the platform were never intended to hold any value, and a large part of the supply was destroyed soon afterwards, a group of crypto traders stumbled upon some of the surviving tokens earlier in this month. They were able to acquire all 4.4 tokens available to the market – and called it HayCoin (HAY). The rest of the undestroyed tokens were held in a wallet owned by Adams. The limited supply helped boost the price of the open-market coins to hundreds of thousands of dollars shortly after being traded, giving a market capitalization of under $10 million. Adams, however, burned his stash on Saturday, effectively destroying 99.99% of the total supply and sending the price skyrocketing.
Chart of The Day
The chart shows changes in open interest in futures and perpetual futures tied to major cryptocurrencies in the past 24 hours.
Topping the list of gainers is DOGE, with a 17% gain, followed by XRP, SHIB, MATIC and BNB. Open interest in BTC has increased just 2%.
Increased inflow of money into meme cryptocurrencies often paves the way for price pullbacks.
Source: Velo Data
- Omkar Godbole
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Bitcoin looked strong on Monday as the largest cryptocurrency by market value gained ground, rising just under 3% on the day. Bitcoin was trading around $30,600 at the time of writing. The rally comes as trading volumes have seen a surge. For centralized exchanges, the cumulative daily volume (based on a seven-day moving average) reached $16.24 billion from Oct. 16 to Oct. 22, according to a note from Matteo Greco, a research analyst at Fineqia. This is the third-highest trading volume recorded in the last 60 days, with the boost being primarily attributed to bitcoin trading, said Greco. Bitcoin’s total volume during this period was $6.4 billion, 68.4% more than the $3.8 billion recorded in the preceding week.
Hong Kong's financial regulator has relaxed earlier guidance that limited the sale of spot products to professional investors, allowing intermediaries to offer services to a wider range of clients. "The policy is updated in light of the latest market developments and enquiries from the industry seeking to further expand retail access through intermediaries and to allow investors to directly deposit and withdraw virtual assets to/from intermediaries with appropriate safeguards," the Securities and Futures Commission (SFC) said in a circular on Friday. The change comes amid mounting interest in spot bitcoin exchange-traded-funds (ETFs). Recently, JPMorgan said the approval of spot bitcoin ETFs in the U.S. could happen within months, and probably before Jan. 10, the final deadline for the Ark 21Shares application. It also comes after the authority accused crypto exchange JPEX of operating without a license, making arrests, and saying it would publish details of licensed applicants. The catch here is that Hong Kong still wants to avoid overseas virtual-asset products because it considers them "complex" and therefore particularly risky.
The first coins ever floated as an experiment by the creator of the decentralized exchange Uniswap are now trading at more than $3 million per token (yes, that's not a typo), with a supply of just 4.4 tokens. The original tokens were released by Uniswap creator Hayden Adams in 2019, back when the exchange was in its very initial stages. While the first-ever coins to be seeded and traded on the platform were never intended to hold any value, and a large part of the supply was destroyed soon afterwards, a group of crypto traders stumbled upon some of the surviving tokens earlier in this month. They were able to acquire all 4.4 tokens available to the market – and called it HayCoin (HAY). The rest of the undestroyed tokens were held in a wallet owned by Adams. The limited supply helped boost the price of the open-market coins to hundreds of thousands of dollars shortly after being traded, giving a market capitalization of under $10 million. Adams, however, burned his stash on Saturday, effectively destroying 99.99% of the total supply and sending the price skyrocketing.
Chart of The Day
The chart shows changes in open interest in futures and perpetual futures tied to major cryptocurrencies in the past 24 hours.
Topping the list of gainers is DOGE, with a 17% gain, followed by XRP, SHIB, MATIC and BNB. Open interest in BTC has increased just 2%.
Increased inflow of money into meme cryptocurrencies often paves the way for price pullbacks.
Source: Velo Data
- Omkar Godbole
Trending Posts
Bitcoin Eyes $31K as Gold Offers Bullish Cues
Sam Altman's Worldcoin Switches Orb Rewards Plan to Boost WLD Supply
Web3 Security Firm Blockaid Raises $27M to Help Tackle Industry's 'Never-Ending' Challenges