UNI Coin, the native cryptocurrency of
Uniswap platform, has experienced various ups and downs according to recent news. The Coin has seen substantial
price hikes, often linked to strategic moves such as the recent proposal for a sweeping '
UNIfication', a fee switch plan and a 100M UNI token burn suggested by
Uniswap Governance. The proposal, which was overwhelmingly approved by voters, contributed significantly to the price surge. Such developments encourage the notion that UNI Coin may indeed reach its predicted price targets, ranging between $14 and $100 by 2026 - 2032.
Despite this, UNI Coin's recent strides have not been without hurdles. The company,
Unicoin, has faced several legal challenges, including allegations of defrauding investors and a $100M lawsuit from the
Securities and Exchange Commission (SEC). Unicoin CEO has vehemently denied these charges and pledged to contest the case. Amid these allegations, Unicoin made a significant move to acquire a controlling stake in
Diamondlake. However, the deal has since been withdrawn, prompting Unicoin to re-emphasize its Altcoin Treasury Strategy.
A significant event amongst these developments is the departure of
Mary-Catherine Lader, Uniswap Labs President, and the plans for
Uniswap's integration with
Robinhood Connect aimed at facilitating cryptocurrency purchases. Overall, the critical events surrounding UNI Coin are a mixture of substantial gains, legal battles, and strategic moves.
UNI Coin News Analytics from Wed, 16 Sep 2020 07:00:00 GMT to Sat, 31 Jan 2026 19:31:36 GMT -
Rating 4
- Innovation 6
- Information 7
- Rumor -2
