⇓ Unicoin Struggles Amid SEC Fraud Charges, UNI Coin Experiences Notable Volatility
Unicoin is under the microscope after the SEC has charged both the company and its executives with an alleged $100 million fraud . These...
The Uniswap (UNI) cryptocurrency has experienced a series of up and down fluctuations. It has seen a drop in performance by 6.8%, but rebounded with a surge of 12.7% over the weekend, followed by another rise of 13.5%. However, it also faced a decline of 3.8%, resulting in turbulent performance. Amid these changes, UNI has been embroiled in an ongoing probe by the Security Exchange Commission (SEC), with even speculation about SEC planning to sue Uniswap. Despite these challenges, the UNI price prediction remains hopeful, targeting yearly highs. On the innovation front, Uniswap has launched the Layer-2 'Unichain' and is partnering up with players like Robinhood, MoonPay, and Transak. Negative developments, however, include a 40% price drop and potential bearish turn for UNI. Whales dumping hits have reached $104 million, which could impact UNI's recovery. On a positive note, the UNI token soared by 28% following the U.S. Presidential Election, amassed 25% weekly gains leading into the Unichain launch, and showed signs of potential recovery amid Bitcoin's stabilization. The introduction of a UNI airdrop also hints at a new phase of promotion. Progress for Uniswap sees the successful passing of a $165 million funding plan after the DAO vote and UNI holders looking at profitable possibilities following the new L2 launch.
UNI Coin News Analytics from Wed, 16 Sep 2020 07:00:00 GMT to Wed, 14 May 2025 17:00:26 GMT - Rating -1 - Innovation 5 - Information 3 - Rumor -7