🚨 **UNFI/USDT Market Update - 23rd October 2024** 🚨
unfirotocol ($UNFI
) is currently trading at £1.896, with a 24h high of £2.802 and a low of £1.836, reflecting a significant decline of 32.33%. The trading volume stands at 6.68M UNFI (£14.32M), indicating active market engagement.
The sharp drop in price is driven primarily by two key factors: news of insider selling, with the Unifi Protocol team allegedly selling 860,000 UNFI tokens, and the announcement of UNFI's impending delisting on 6th November 2024. These developments have led traders to sell their holdings to mitigate potential losses. The long-term outlook for UNFI appears uncertain, as the delisting raises concerns about the project's future viability.
*Disclaimer: Always do your own research before investing.*