UMA coin continues to create waves in the cryptocurrency world. Recently, significant gains were noted in the coin's price, with jumps of 80% and 96% in a single day observed. As a result, nearly $3 million worth of shorts got liquidated. Furthermore, protocol updates for UMA have sparked not just debate regarding compliance but brought about even greater interest in the token, prompting a noteworthy rally. The token's
DeFi innovation, Oval, promises a fairer profit distribution mechanism, which captured the value of lending protocols despite a temporary 14% dip in
UMA's price. The overall trend remains positive, aided by unusual funding opportunities, leading to speculation of further price spikes. Additionally, the oval's launch helped boost TVS to $774 million. Various coins like
LINK, BAND, API3, and RLC continue to make updates, with whales seemingly targeting altcoins like
$UMA, $LDO and $AAVE. Moreover, partnership with Lightspark aims to bring
UMA to Bitcoin Lightning Network. Lastly, trading for
UMA is set to commence on April 1, leaving investors in anticipation of potential upside.
UMA Coin News Analytics from Wed, 18 Apr 2018 07:00:00 GMT to Thu, 06 Jun 2024 07:00:00 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -2
