DEX Token UNI Trims Gains by Half in Brutal Sell-Off; Rebound Ahead?

DEX Token UNI Trims Gains by Half in Brutal Sell-Off; Rebound Ahead?

UNI logged a rollercoaster opening session last week after rising by almost 2800 percent in just less than 24 hours. The token reached a record level of $8.59 following its free distribution among the users of UniSwap, a top decentralized cryptocurrency exchange by volume. It supplied about 150 million UNI tokens to its liquidity providers, […]


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Brutal Sell-off Leads Ripple’s XRP 24% Lower; More Dump Ahead?

Ripple Labs’ native cryptocurrency XRP experienced a brutal sell-off on Monday after its price rallied to a multi-year high. The XRP/USD exchange rate reached $0.79 for the first time since April 2018, after rising four weeks in a row by almost 230 percent. Nevertheless, the pair failed to attract fresh upside bids near its latest […]

Analysts See YFI Rebound Ahead as Token Dives 56% in 10 Days

Calls for a sharp rebound in the YFI market are growing after the token’s 56 percent decline in the last ten days. At least three independent analysts have provided credible support ranges for YFI/USD in the last 24 hours, a period that has also seen the pair dropping by 18 percent to circa $14,700. A […]

Yearn Finance (YFI) Slips Below $10K in DeFi Bloodbath; Breakout Ahead?

A splendid beginning for Yearn Finance in the third quarter is coming to an end with a brutal sell-off. The yield farming aggregator suffered a major blow this week as its governance token, YFI, plunged by 39 percent. In the last 24 hours alone, the cryptocurrency experienced a 10.35 percent price decline, a move that […]

Uniswap’s UNI Token Gains Gemini Listing: Here’s What Could Come Next

Uniswap’s UNI token has seen its price stagnate in the time following its rebound from lows of $3.75. Shortly after being announced, the token gained listings on a plethora of exchanges, including Coinbase, Binance, and others. Some trading platforms like FTX even listed perpetual swaps for the token, with the trading frenzy surrounding its launch […]

Median DeFi token return on par with Bitcoin this year

Analysis of 38 top DeFi assets reveals a median performance only 15% above Bitcoin. Despite a pull back from the meteoric bull market for decentralized finance, the average DeFi token return has vastly outperformed Bitcoin and Ethereum. The median performance is a different story however.On Nov. 17, pseudonymous crypto analyst ‘Ceteris Paribus’ shared data with his 12,000 followers compiling the YTD median and average performances of 40 top crypto assets, comprised of 38 top DeFi assets, Bitcoin (BTC) and Ether (ETH). Around 26 of the DeFi assets are currently posting YTD gains.The analyst....