The recent developments in the cryptocurrency market have seen an increased activity surrounding **Uniswap (UNI)**. Over the past weeks, the crypto asset has seen significant **fluctuations** in its **market cap and price**. Cryptocurrency expert David Zaslowsky observed the unfolding situation around the **Unicoin** case that reportedly exposed the **Securities and Exchange Commission’s (SEC) evolving stance** on policy enforcement in the space. The **SEC** has launched a lawsuit against **Unicoin** and its executives, accusing them of a **$100 million fraud**. Despite ongoing legal battles, Unicoin seemed optimistic, unveiling plans to acquire a controlling stake in **DiamondLake** to expand into digital asset treasury business. Meanwhile, Uniswap’s **UNI crypto** fluctuated from dropping 11.4% to surging 21.6%, displaying an **impressive recovery momentum**. This included a leap of 13.5%. In fact, since the 6% dip due to **institutional investors selling** $82M of the coin, it's been up by 20%. Even though recent tariff tensions saw UNI dropping by 6.8%, it still managed to gain 7.2% in other instances. Amid these developments, the coin has faced accusations of **defrauding investors** through future crypto token scam. Uniswap’s new partnership with **Robinhood, MoonPay, and Transak** has also stirred interest in the market, with an aim to turn crypto into cash. Furthermore, Uniswap’s partnership could drive **crypto adoption** and support its price recovery amid SEC investigation. Uniswap's surge by 10% presents an optimistic picture while Uniswap Labs' launch of the Layer-2 'Unichain' indicates **innovation and new developments** within the project. However, Pepe Coin, a meme coin, managed to surpass Uniswap in crypto rankings by reaching an **all-time high market cap** of over $11 billion. With both coins going head-to-head, it is yet to be determined which will dominate the next crypto bull run.
UNI Coin News Analytics from Thu, 10 Oct 2024 07:00:00 GMT to Tue, 08 Jul 2025 13:12:22 GMT -
Rating 3
- Innovation 4
- Information 5
- Rumor -2
