UniSwap (UNI) Price Today: Analysis, Charts, and Market Data396
UniSwap (UNI) is a decentralized exchange protocol that allows users to trade cryptocurrencies directly with each other, without the need for a middleman. The UNI token is the native utility token of the UniSwap protocol, and it is used to pay for transaction fees, participate in governance, and earn rewards.
UNI Price Analysis
UNI is currently trading at $6.26, with a market capitalization of $4.1 billion. The token has been on a downtrend in recent months, but it has shown some signs of recovery in recent days. The current price of UNI is still well below its all-time high of $44.92, which was reached in May 2021.
The UNI/USD chart shows that the token is currently trading in a range between $5.50 and $7.00. The token has been unable to break out of this range in recent months, but it is currently testing the upper resistance level. If UNI can break out above $7.00, it could be a bullish signal for the token.
The UNI/BTC chart shows that the token is currently trading in a range between 0.00035 BTC and 0.00040 BTC. The token has been unable to break out of this range in recent months, but it is currently testing the upper resistance level. If UNI can break out above 0.00040 BTC, it could be a bullish signal for the token.
UNI Market Data* Current Price: $6.26
* Market Cap: $4.1 billion
* 24-Hour Trading Volume: $144 million
* Circulating Supply: 656 million UNI
* Total Supply: 1 billion UNI
UNI News and Events* UniSwap v3 Launches: UniSwap v3 launched on May 5, 2021, and it introduced a number of new features, including concentrated liquidity, multiple fee tiers, and support for non-fungible tokens (NFTs).
* UNI Grants Program: The UNI Grants Program was launched in June 2021, and it provides funding for projects that are building on the UniSwap protocol.
* UniSwap Integrates with Polygon: UniSwap integrated with Polygon in August 2021, which allows users to trade cryptocurrencies on the Polygon network.
UNI Conclusion
UniSwap (UNI) is a leading decentralized exchange protocol, and it is one of the most popular cryptocurrencies in the world. The UNI token has been on a downtrend in recent months, but it has shown some signs of recovery in recent days. The current price of UNI is still well below its all-time high, but it has the potential to recover in the future.
Investors who are interested in UNI should keep an eye on the token's price action in the coming weeks and months. If UNI can break out above $7.00, it could be a bullish signal for the token.
2025-02-03
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