UMA Coin displays a promising forecast in the market as per various price predictions for years 2024 to 2030. The market capitalization of UMA has reached $166.57 Million. With the launch of Oval, UMA's latest innovation aiming for fairer profit distribution in Defi, UMA Coin showed a sudden jump of 80% in a single day with $3 Million shorts liquidated.
The digital coin saw a whopping 96% surge in one day and continued to soar by 28% despite a general bearish trend in the cryptocurrency market. Meanwhile, UMA Coin's price saw a drawback of 14% despite Oval’s launch capturing lending protocols’ value.
On a bright note, derivatives traders wagered a significant $130 Million on the Oval update. The UMA Crypto price created a buzz in the crypto industry as the Total Value Locked (TVL) hit $774M ahead of the Oval launch.
UMA Coin's Oracle solution, focusing on Miner Extractable Value (MEV), saw a significant price jump. The implementation of Universal Money Address presents a new, innovative way to move crypto and fiat currencies.
With successful partnerships such as with David Marcus’ Lightspark, UMA gets introduced to the Lightning Network, sparking interest. Also, its listing on Coinbase Pro marks another critical milestone. Lightspark open-sourcing email-like protocol UMA stirred up debates surrounding compliance, while the cryptocurrency recorded a 134% gain following the announcement.
Overall, despite some fluctuations, UMA Coin seems to demonstrate strength, innovation, and optimal market placement.
UMA Coin News Analytics from Sat, 09 Jul 2016 07:00:00 GMT to Sun, 14 Jul 2024 13:18:58 GMT -
Rating 8
- Innovation 7
- Information 7
- Rumor 6
