UMA Coin, has been experiencing a significant price surge as seen in
2024, with price predictions indicating a strong future for the cryptocurrency up to
2030. Post the launch of
Oval, a latest innovation by UMA promising fairer profit distribution in DeFi, UMA has shown remarkable resilience. In one instance, the price jumped 80% in a day with $3 million shorts liquidated. Similarly, in January 2024, UMA was up by 62.45%, suggesting a significant market update. The coin has also seen a 134% gain following a protocol announcement- an increase that, interestingly, coincided with a noticeable surge in DeFi Recovery led by UMA, Maker and Uniswap. Further more, Whales have started to target top altcoins including UMA. This interest, along with unusual funding opportunities, has led to a whopping 96% surge in UMA in just one day. Nonetheless, despite the launch of Oval capturing lending protocols’ value, UMA price dipped 14%. Consequently, it can be observed that while the price of UMA is prone to fluctuations, the overall trend leans towards positive growth. The recent launches of
Oval, designed to capture Oracle-locked value, and ‘Across’ have further cemented UMA's position in the market.
UMA Coin is also expected to launch on Coinbase Pro, suggesting greater accessibility for potential investors.
UMA Coin News Analytics from Wed, 18 Apr 2018 07:00:00 GMT to Thu, 13 Jun 2024 04:07:42 GMT -
Rating 8
- Innovation 6
- Information 7
- Rumor 2
