Uniswap’s Newly Launched UNI Token Has Already Doubled in Price
Uniswap's new UNI token has surged from just under $2.80 to over $5.50 in the past 24 hours.
Uniswap's week-old governance token is outperforming more established cryptocurrencies Wednesday.
Monday's sell-off shows bitcoin is likely to trade off with risky assets like stocks if U.S. election chaos sends markets into a fresh downdraft.
Dune Analytics data shows nearly 80% of the current UNI token supply has so far been snapped up by eligible Uniswap wallet addresses.
A group of anonymous Uniswap users is trying to unite the many small holders of the UNI governance token to deal with potential problems in the automated market maker’s (AMM) governance.
Decentralized finance, or DeFi, is captivating the crypto market, and that is causing weakness for bitcoin.