In recent days, the governance token of the decentralized trading platform Uniswap, $UNI, has experienced a notable decline of over 13% in value over the past week, following a remarkable 115% surge in the preceding month. Despite this downturn, on-chain data indicates that whales within the cryptocurrency market are actively […]
Tag: UNI
Uniswap’s $UNI Token Surges Over 143% In Four Weeks, Hits Yearly High
In the past four weeks, the price of the $UNI token has experienced an impressive surge, marking a remarkable 143% increase fueled by heightened buying demand. This recovery rally propelled the token’s price above $10, with Uniswap breaking through the significant $13.5 resistance level to reach a yearly high of […]
Uniswap Foundation Proposes Governance Reform To Redistribute Protocol Fees
In a bid to enhance protocol governance, the Uniswap Foundation has unveiled a proposal aimed at redistributing protocol fees to holders of UNI tokens. The proposal, which is now open for voting in snapshot form until March 7, seeks to introduce significant changes to Uniswap’s governance structure. UF's proposal to […]
Uniswap Surges As Proposal For Revenue-Sharing Mechanism Gains Traction
Uniswap (UNI), the decentralized cryptocurrency trading platform, is making headlines today with its remarkable performance, marking its best week in over two years. As of writing, UNI’s value has surged by more than 67% to reach a high of $12.79, showcasing one of the most impressive trading weeks since January […]
Uniswap Foundation’s Large $UNI Transfer Sparks Speculation Of Sell-Off
The recent transfer of 6.8 million UNI tokens, valued at $29.16 million, by the Uniswap Foundation to a new address has sent shockwaves through the cryptocurrency community. Coupled with the knowledge of a previous sale of 3 million UNI, worth $13 million, via Kraken’s deposit address associated with Wintermute, the […]