UMA Coin, a financial contracts platform, has been embroiled in some controversies recently, involving a conflict with the
Polymarket community over a $7M Ukraine bet, and a governance attack by a rogue actor who became one of the top-5 token stakers. Polymarket has also been in disagreement over UMA's resolution involving Barron Trump's involvement with the DJT token. Despite the challenging times, partnerships have emerged that bolster UMA's growth, one being the collaboration between
Yellow Card and
LightSpark to bring Universal Money Address (UMA) to African customers. On a more positive note,
UMA has been added to
Coinbase, opening it up to a broader market. However, predictions for UMA's price suggest a turbulent future. Price predictions range from hitting $10 by 2025, 2026 - 2030, to falling to an all-time low. Pivotal resistance levels like $3.20 are being closely watched. Notwithstanding, some gains have been recorded despite Bitcoin's price dip, and
Lightspark hopes to stir interest by enabling institutions to use Bitcoin Lightning Network.
UMA Coin News Analytics from Wed, 26 Jul 2017 07:00:00 GMT to Thu, 27 Mar 2025 10:41:15 GMT -
Rating -2
- Innovation 4
- Information 6
- Rumor -5