Uniswap (UNI) is experiencing varying market movements indicated by a series of events, as the exchange's token undergoes some significant changes. The token had experienced a
4.7% drop leading the index lower. However, there were also cases of considerable allocations to new coins and a belief that
Binance Coin and
UNI holders are rooting for new altcoin,
Rollblock. Uniswap price prognosis till
2030 suggests that
UNI might reach $10 within the present year. The token is also expected to see considerable growth after a 100% unlock. Crypto firm Unicoin was a victim of a cyberattack, with all of its employees locked out of Google products for four days. Despite this,
bitcoin recovery could have a positive impact on UNI, SUI, OP, and HNT. Following its recovery from the cyberattack, Unicoin hinted at potential data meddling on its G-suite portfolio. The company has ambitious plans, with the agenda of going public in the US market, and the launch of its primary offering on the INX.One Trading Platform. On a legal front, the company
Uniswap Labs received an
enforcement notice from the Securities and Exchanges Commission (SEC) and faced controversy with their decision over token treatment. In response, the team vowed to fight SEC threat leading to a
10% celebration drop in Uniswap price. Despite these legal obstacles, UNI surged by 60% after a proposal to reward its token holders aiming at major governance overhaul. Amid this, one of the early whales of Uniswap chose to sell $1M worth of UNI as its price surged. With regulatory actions coming into play, Ether and Uniswap made remarkable progress boosting industry confidence. Other major events include protocol upgrade delays, SEC lawsuit, and a proposal for a major reward for UNI holders.
UNI Coin News Analytics from Thu, 23 Nov 2023 08:00:00 GMT to Wed, 18 Sep 2024 15:05:35 GMT -
Rating 1
- Innovation -3
- Information 8
- Rumor 2
