UNI Mum as Uniswap V3 Announcement Leaves Bulls Wanting More
Key Uniswap Takeaways Uniswap (UNI/USD) surged on Wednesday but lacked the momentum to turn the upside move into a price rally. The move uphill appeared after the decentralized exchange unveiled a long-awaited network upgrade. No hints on gas-solving layer-2 solution left bulls wanting more upside cues. Uniswap climbed on Wednesday after the leading decentralized exchange […]
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The third iteration of the decentralized exchange Uniswap (v3) has a mainnet deployment date of May 5. The official announcement confirmed a highly anticipated feature, support for the second layer solution Optimism Rollups. This feature will be enabled at a later date. The official announcement focuses on another “groundbreaking new feature” that the Uniswap Labs […]
The Uniswap Foundation (UF), the group behind the decentralized exchange (dex) Uniswap, announced the first wave of foundation grants on Wednesday as it plans to distribute $1.8 million total, awarded across 14 grants. The UF announcement details that a touch more than $800K will be awarded to Uniswap Diamond, a project being constructed by GFX Labs.
Uniswap to Disperse $1.8 Million to 14 Different Projects
On September 21, the Uniswap Foundation announced the first wave of grants that aims to bolster the decentralized finance (defi) ecosystem and progress research and....
Uniswap price has been able to break past the consolidation phase. Over the last 24 hours, the altcoin has moved up by more than 4%. In the past week, the coin surged close to 8%, which can be equated to a rally. UNI has been consistently green ever since the other altcoins started to travel north on their charts. The technical outlook of the coin also agreed with the bullish force. However, it is important for Uniswap to maintain this momentum and trade above its immediate price ceilings. If not, then the bulls could soon lose their strength. Buyers have been supportive of the bulls. As....
Uniswap price is consistently travelling southward on the one-day chart. UNI’s bulls have not been able to break past its immediate support, causing traders to lose confidence. Over the last 24 hours, Uniswap lost 4% of its value. In the past week, UNI surged 4% on the one-day chart. The technical outlook of UNI remained mixed with some signals pointing toward the bears taking over the market. The coin’s current support zone was between $5.60 and $5.00, respectively. The bulls have constantly attempted to break past the $5.94 level. This has caused buyers to leave the market as....
The Uniswap price had risen to almost $6 on its chart, but the bulls were unable to maintain that level. Over the last 24 hours, the coin again lost momentum and fell south on its chart. Over the last 24 hours, UNI registered a 0.9% increase in its price. In the past week, the coin negated most of its gains and lost 1.2% of its market value. The Uniswap price technical outlook was bearish, and selling strength was higher, causing the price to drop further on its chart. Although Uniswap tried to move in a different direction than the broader market, the bulls gave up. Bitcoin also lost the....