Uniswap (UNI) has had a rollercoaster ride over the period with highs and lows. The token plunged by
14.4% over a weekend and indications pointed to more turbulence for traders. Despite lawsuits from the
SEC and a criticism from
Chair Gensler’s outgoing period, UNI had its share of growth. There has been an accumulation of RTX, UNI, and SOL tokens, trends suggesting bullish behaviour in the future. With the introduction of the
Unichain launch, UNI saw a weekly gain of 25%. Despite this, there remains investor anticipation towards new crypto presales. There has been comparison with inflationary memecoins, with Pepe memecoin flipping the Uniswap token in market cap, hitting an all-time high. This however doesn't overlook UNI's potential to grow another
30%. Uniswap labs have announced their own layer-2 network, Unichain, built on Optimism Tech which indicates a significant developmental progress. Moreover, Uniswap's token soared by
28% following the US Presidential Election. Yet, some skepticism about data meddling remains after a G-Suite compromise was reported. Amid all this, one cannot ignore the $468M projected annual earning from Uniswap's new layer-2.
UNI Coin News Analytics from Wed, 16 Sep 2020 07:00:00 GMT to Mon, 27 Jan 2025 14:14:00 GMT -
Rating 3
- Innovation 6
- Information 4
- Rumor 2
