Speaking of $UMA

In analysis $UMA

🟢UMA is a decentralized platform for creating, maintaining and calculating synthetic assets based on #Ethereum(ETH) $ETH .

UMA stands for - Universal Market Access and reflects the essence of the project - "universal access to the market".

It provides a fast, secure and flexible way to launch decentralized financial products DeFi✅.

Moreover, the use of oracles is minimized - this avoids problems with scalability and security.

➡️UMA allows you to digitize and automate any, even the most exotic financial contracts from the real world.



In terms of medium-term goals, everything is quite simple:

➡️ 4$
➡️ 5$
➡️ 6$
➡️ 7$

Historically, the coin has been subject to lightning-fast PUMPs more than once. Let's take the same January 2024: in a matter of days, the altcoin rate grew by more than +300% or x4 — maybe we'll repeat it?💯

As I already said, the project still has a relatively small capitalization (top-241 at ~$205 million) — the growth potential is excellent! I advise you to add it to your portfolio.