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The decentralized crypto trading platform Uniswap (UNI) is setting a rare pace in the market today after it recorded its best week in more than two years. At the time of writing, the digital currency jumped by more than 76% to hit a high of $12.36.
Decentralised Exchange (DEX) tokens were among the best performers on Saturday. Uniswap (UNI) token soared by more than 70% while dYdX, Synthetix (SNX), PancakeSwap (CAKE), and THORChain (RUNE) soared by more than 30%. DeFi tokens like AAVE and Lido DAO were among the best performers.
Uniswap's UNI stole the show in the past 24 hours, exploding by nearly 80% following a proposal to reward UNI holders with a percentage of the fees generated by the DEX.
The crypto market flashed bearishness on Saturday as Bitcoin price plummeted beneath $51K. Top altcoins followed suit, with Ethereum, Solana, and Cardano recording significant declines. Nevertheless, PepeCoin (PEPE) and Uniswap (UNI) defied the odds with notable bounce backs, whereas game-changer Bitbot (BITBOT) showcases strengthening momentum.
The crypto markets trade flat as the bulls appear to have shifted their focus over the other sector. The DeFi space, which was submissive with the advent of new categories, is again gaining wider attention.
On Friday, February 23, Uniswap's native token UNI saw a significant surge in price, jumping by 70%. This rally was driven by a change in the decentralized exchange's fee mechanism, aimed at rewarding those who stake UNI tokens.
The top crypto prices today saw a major pullback as the Bitcoin (BTC) price dropped below $51,000. In addition, Ethereum got rejected from the $3,000 level amid the bearish turn.
The Uniswap price, after trading in a consolidated range for over a week has displayed a massive price action within the past few hours. The UNI price has recorded a jump of over 72% in valuation, making it the top gainer of the day in the crypto industry.
Uniswap (UNI) just got a major boost in its price! Let's take a look at this Uniswap price article in more detail.
Uniswap's native token UNI witnessed a strong rally on Friday, February 23. The major catalyst behind the 70% Uniswap price rally is the decentralized exchange changing the fee mechanism to benefit those staking the UNI tokens.
Uniswap (UNI), a leading decentralized finance (DeFi) protocol, recently experienced a remarkable surge in its price, skyrocketing by over 50%. This surge came on the heels of a groundbreaking governance proposal aimed at enhancing the protocol's decision-making process and incentivizing UNI token holders.
Uniswap's UNI stuns with an over 80% rally despite quiet market conditions.
The price of the native token of leading decentralized cryptocurrency exchange Uniswap ($UNI) has surged by nearly 50% over the last 24-hour period over a recently filed proposal to “strengthen and invigorate” Uniswap's governance and reward UNI token holders.
UNI went on a 50%+ run after a proposal from the Uniswap Foundation suggested “rewarding UNI holders who have staked and delegated their tokens.”
Uniswap wants to reward "active, engaged, and thoughtful" holders of its UNI token.
Decentralized crypto exchange Uniswap (UNI) is skyrocketing after an upgrade was proposed to reward its token holders. In a new announcement, The Uniswap Foundation says the protocol's governance lead has put forth a proposal that would reward traders who have staked and delegated UNI.
The Uniswap Foundation has unveiled a comprehensive proposal to revitalize Uniswap's governance structure. This initiative incentivizes active and thoughtful participation by rewarding UNI token holders for delegating and staking their tokens.
Uniswap (UNI) soared on Friday as the market reacted to a new governance proposal seeking to reward UNI holders. The decentralised exchange's native token rose to highs of $12.20 on major exchanges, jumping by more than 60%. Today's peak represents Uniswap's highest price level since April 2022.
Decentralized exchange (DEX) Uniswap's native token UNI climbed 60% on Feb. 23 to a two-year high of $12.48 following a governance proposal to introduce a fee reward mechanism for holders.
Decentralized exchange Uniswap may soon have an upgrade to reward holders of governance tokens. The price of UNI has surged as a result.
In a significant move aimed at revamping the governance dynamics of Uniswap, the leading decentralized exchange platform, the Uniswap Foundation has put forth a proposal that seeks to introduce a series of enhancements designed to foster a more engaged, thoughtful, and actively participating community of UNI token holders.
Uniswap (UNI), one of the industry's largest decentralized cryptocurrency exchanges (DEXs), has set the stage for a major shift in its ecosystem with a proposed upgrade that could have significant implications for UNI token holders. The upgrade aims to bolster governance participation, enhance resilience, and reward token holders for active engagement within the Uniswap ecosystem.
The Uniswap Foundation has proposed an upgrade to enable the distribution of protocol fees to UNI token holders who have actively staked and delegated their voting rights.
The Uniswap Foundation has submitted a significant proposal for improving Uniswap's community governance. This suggestion has quickly influenced the market, thus causing a substantial increase in the value of UNI tokens.
