Some brothers asked me about my thoughts on the layout of the decentralized field, especially about the UNI token. I can say with certainty that UNI, as a leader in the decentralized field, coupled with the ecological support of UNIswap, is indeed very powerful.
However, I don’t think it’s the best time to enter the market for the following reasons:
The price has not fallen yet: Many projects in the decentralized field, including other platform coins, have experienced a large correction. Even though the highest point this year has fallen a lot, some projects have not yet fully returned to a reasonable valuation level.
The market value is relatively high: As an old project, UNI has a market value of 7.1 billion US dollars. If you are optimistic about the DeFi industry, it may be more attractive to choose projects with lower market value but equally powerful empowerment, such as DYDX. The layout is ongoing, communication +: GOOOKOOOY welcomes everyone to actively participate and witness the moment of miracle together
The time is not yet ripe: UNI’s value and ecology are indeed very strong, but investment opportunities need to wait patiently. I suggest waiting until the price is close to $7 before gradually building a position. There is no need to rush into the market at present.
In general, UNI is a very promising project, but when choosing to enter the market, you should consider the overall market situation and the rationality of the price.
