UniSwap (UNI) Risks Falling Another 10% over Centralization Worries
UniSwap’s native cryptocurrency, UNI, is at risk of continuing its downtrend by another 10 percent as the decentralized exchange undergoes its first governance vote. Members of the UniSwap community claimed that whales with access to large quantities of UNI tokens are unanimously changing the network rules. The accusations followed the launch of the first proposal […]
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Uniswap (UNI) token holders have plenty of reasons to celebrate now. Uniswap is among the top gainers among cryptocurrencies, registering a 16.2% price increase over the past week The token is now on a falling channel pattern but is expected to make a bullish run Lowest possible support price for Uniswap is $4.8 The digital asset is one of the biggest gainers not only for the last 24 hours, but for the past seven days. As of this writing, tracking from CoinGecko shows the token is trading at $6.37, enjoying a 12.5% gain in value since same time yesterday and a 16.2% increase for the past....
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Uniswap price risks falling 50% from its current levels due to a bearish reversal setup. Uniswap (UNI) looks ready to post its best monthly performance in more than a year as it rallied approximately 80% in July, but signs of an extended pullback in the near term are emerging. Uniswap price nearly doubles in JulyUNI's price is having one of its best months ever, reaching nearly $9 on July 30 versus nearly $5 at the beginning of the month, best returns since January 2021's 250% price rally. UNI/USD monthly price chart. Source: TradingViewMerge FOMO an UNI "fee switch" proposalUniswap's....
Uniswap moved to a one-week low on Tuesday, as crypto markets were mostly in the red during today’s session. The latest red wave in crypto markets comes days after several high-profile tokens rose to multi-month highs. Filecoin was one such token, however, it too declined today, falling for a third straight day. Uniswap (UNI) Uniswap (UNI) fell to a one-week low on Tuesday, just over ten days after the token was trading above a three-month high. Following a high of $9.84 last Monday July 28, UNI/USD dropped to an intraday low of $8.37 earlier today. This drop sees UNI extend recent....
Devin Walsh, Executive Director of the Uniswap Foundation, a non-profit organization supporting the growth and decentralization of the Uniswap decentralized exchange (DEX), believes that Uniswap is decentralizing. Walsh even compares the current state of the DEX to that of Ethereum. The executive also acknowledged that the DEX’s current level of success is due to the active participation and contribution of the developer community. Uniswap Becoming More Decentralized? The Executive Director responded to a thread on X where Antonio Juliano, the founder of dYxX, a layer-2 DEX on....