Why Is Uniswap (UNI) Price Unable to Breach Past $10?
Despite high expectations, Uniswap V4 DEX has captured just 0.01% of the platform's total trading volume, significantly trailing the rapid adoption of V3 and V2.
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Despite high expectations, Uniswap V4 DEX has captured just 0.01% of the platform's total trading volume, significantly trailing the rapid adoption of V3 and V2.
Uniswap, a leading decentralized exchange (DEX), has faced significant challenges in recent weeks. Despite its attempts to recover recent losses, the price has remained stalled below $10.
Amid the recent flurry of controversial meme coins on Solana, Uniswap CEO Hayden Adams has weighed in, claiming that flawed launches are often intentional rather than accidental.
Uniswap (UNI) is currently at a crucial juncture in its price action, and whether it will see a significant breakout or a further decline largely depends on its ability to maintain a key support level. At the time of writing, UNI is trading near the $9.60 mark, having dropped 2.25% in the last 24 hours.
If Uniswap holds above the $9.55 level, it could soar by 30% to reach the $12.60 level, else drop by 15% to reach $8.15 in the future.
Uniswap's price has retreated over the past few months, and a recently formed death cross pattern suggests the potential for further losses. Uniswap (UNI) token was trading at $10 on Tuesday, down over 50% from its peak in November.
Cryptocurrency prices were in a highly consolidating phase on Tuesday morning as Bitcoin remained below $100,000. Most tokens were largely unchanged, with many of them waiting for Bitcoin to give them direction. This article provides top crypto price predictions for several tokens like Monero (XMR), Uniswap (UNI), and Cardano (ADA).
Uniswap (UNI) has recently captured the attention of the crypto market following its breakout from an Adam & Eve pattern, a technical chart formation often seen as a sign of a trend reversal. Traders and analysts are now eyeing a potential 30% price surge, with UNI possibly reaching $13 in the near term.
UNI's price could be preparing for an interesting turn of events in the near term.
The Uniswap price appears to be recovering nicely after a disappointing performance at the beginning of the year. The DeFi token rallied past the $10 mark in the final hours of Friday, February 14, reflecting the improving climate of the general crypto market.
DeFi coins on the Ethereum network have retreated this year, aligning with other cryptocurrencies. Some of the top blue-chip DeFi crypto coins on the network may start benefiting from an investment by Ethereum Foundation, which has started to deploy its 50k ETH balance.
Bitcoin (BTC) rebounded after dropping to a low of $95,346 late on Thursday to reclaim $97,000. However, price action remains sluggish, and market sentiment is mixed.
PancakeSwap, a leading decentralized exchange (DEX) on BNB Chain, has surpassed Uniswap in daily and weekly trading volume, driven by increased interest in memecoins. According to DeFiLlama, PancakeSwap recorded over $3 billion in 24-hour volume and $21 billion weekly, while its native token, CAKE, soared 40% in a day and doubled in value over the week.
CZ hinting he will unveil his pet dog's name and likeness has ignited a wave of speculation over the potential launch of a new memecoin.
Will Unichain live up to the hype, or will it fizzle out once the excitement dies down?
Uniswap price has rebounded in the past few days, moving from a low of $6.9565 last week to near $10 today. UNI token has jumped by over 42% from its lowest point this month, as the Unichain mainnet neared the 1 million transactions.
On Tuesday, Uniswap launched the mainnet of its brand new layer-two Ethereum scaling protocol, called Unichain.
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Uniswap takes a major new step with the launch of Unichain, its Layer 2 blockchain on Ethereum. This announcement comes just a few days after the successful deployment of its version 4 on twelve major networks.
Uniswap Labs has finally launched the Unichain mainnet, an Ethereum layer-2 optimistic rollup built on the Optimism OP stack.
Uniswap has launched Unichain, a Layer-2 network built on Optimism's technology, offering 95% lower gas fees and one-second block times, with major protocols already building on the platform and a revenue-sharing model between validators, Uniswap Labs, and the Optimism Collective.
The world's most popular decentralized exchange has made an entry into the crowded Ethereum layer-2 space.
The team behind the top decentralized exchange Uniswap (UNI) is officially launching its new Ethereum (ETH) layer-2 blockchain. In a new announcement from Uniswap Labs, the firm says Unichain mainnet officially launched today according to plan. As per the announcement, Unichain will be a layer-2 optimized for decentralized finance (DeFi) transactions on Ethereum.
Uniswap has announced the mainnet launch of its Ethereum layer-2 blockchain, Unichain.