Saturday, September 19, 2020



Uniswap UNI tokens that are shared with old Uniswap users, keep the value of those tokens rising. There are some predictions that the value of the token will drop, given that 75,235 users have so far been vying to redeem uni tokens or exchange them for other coins. However, the UNI value has remained in the range of $3.80 to $5.40 in the last 12 hours.

UNI Token Value Continues to Soar

The new UNI tokens within days of this release go straight into the top 3 DeFI tokens based on DeFi's market capitalization. According to DeFi Pulse, Uniswap's rating as a DeFi protocol became the first with a total locked value of USD 1.40 billion increasing by 81.10% in a day. 

What's more, with uniswap's excellent performance so far, it's no surprise that UNI prices continue to soar.

In one day, UNI has listed on more than 12 exchanges, and has nearly 40 pairs, and has managed to get over $1.8 billion in trading volume. This makes UNI the top seven crypto assets traded in the last 24 hours, according to CoinGecko.

CoinGecko also ranks Uniswap as the 16th largest DeFi token by capitalization, below Kyber Network (KNC) and above Balancer (BAL).

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