Uniswap (UNI) has been experiencing notable shifts in pricing and interest. The optimism seems to surround the potential for UNI to surge to $20 in October, following its 7.9% rise. It's inclusion in the
Bitwise spot for Ripple (XRP) ETFs has sparked positivity that could influence other DeFi coins. In the US market,
Uniswap indicated interests to go public and launched its primary offering on the regulated
INX.One Trading platform. However, the platform faced an issue involving a hacker locking employees out of Google products for four days which might hint at data meddling. Amid all of this, the token’s price dropped when
the SEC threatened enforcement action. UNI price is expected to get a boost from the recovery of Bitcoin price. The recent proposal of rewarding token holders led to a 60% jump while the delay of a vote for a fee-sharing proposal caused slight turmoil in the DeFi community. The coin has seen a major over 80% surge and topped $2T in trading volume. The momentum may further rise as the deadline of a fee share proposal approaches. Despite some whales offloading $20M following SEC's notice, UNI’s price targets $8 as it kicks off a historic v4 Security Challenge. EC's 'very low' odds of winning against Uniswap was also highlighted and there are further discussions on whether UNI would be a dark horse post-Bitcoin halving
UNI Coin News Analytics from Thu, 17 Sep 2020 07:00:00 GMT to Wed, 09 Oct 2024 19:49:08 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor 3
