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Cryptocurrencies Price Prediction: Uniswap, Filecoin & Binance Coin — Asian Wrap 15 March

Cryptocurrencies Price Prediction: Uniswap, Filecoin & Binance Coin — Asian Wrap 15 March
FXStreet TeamFXStreet TeamFXStreet

Uniswap Price Prediction: A V-shaped rebound rally could send UNI 13%

Uniswap price (UNI) has been trading with a bullish bias since March 12, a correction influenced by traders flocking to the decentralized exchange (DEX) to trade USDC for other digital assets like UNI. The influx caused a massive surge in trading volume, contributing to a revenue increase while catalyzing a recovery rally. Traders exchanging USDC dominated almost 55% of the trade on Uniswap DEX. The uptrend was bolstered by the US Federal Reserve's announcement of a new bank lending facility, inspiring investors' confidence.

Filecoin price explodes by almost 18% following the launch of Filecoin Virtual Machine

Filecoin marked a new milestone in its roadmap as the blockchain launched its very own Virtual Machine on Tuesday, bringing about a crucial change to the network. Kicking in the final step in the “Filecoin Masterplan”, Filecoin Virtual Machine intends to bring large-scale computation and unlock open data economy for web3.

Binance Coin price tests monthly highs despite Binance suspending deposits and withdrawals in the UK

Binance Coin price has been following the broader market’s lead rising by nearly 10% in the span of 24 hours to trade above $318.

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