Unicoin is under the microscope after the
SEC has charged both the company and its executives with an alleged $100 million
fraud. These charges have been met with much contention by the
CEO, who has completely denied all allegations and hired
Dynamis LLP to lead litigation. The SEC's accusations are perceived as an attack on
innovation within the cryptocurrency sector. Despite these challenges,
Uniswap's token UNI has seen significant volatility with both drops and rallies in its value. Elsewhere, Uniswap has announced partnerships with
Robinhood, MoonPay, and Transak as it aims to turn crypto into cash and has officially launched its layer-2 network,
'Unichain'. Looking at a potential bright side, institutions have sold $82M of UNI, however, it is still up
20% in one month, and the UNI token has seen recovery signs defended at $7.14. While several price predictions have been positive, it's evident that UNI faces many bearish headwinds.
UNI Coin News Analytics from Thu, 10 Oct 2024 07:00:00 GMT to Tue, 24 Jun 2025 15:17:33 GMT -
Rating -8
- Innovation -6
- Information 4
- Rumor 6
