UNISWAP price, news and Forecast (UNI US DOLLAR)


Uniswap monster rally at risk of slowing, UNI could pullback to $9.25


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Editors' picks

Why Elon Musk’s tweet failed to move Dogecoin price

Why Elon Musk’s tweet failed to move Dogecoin price

Dogecoin price slipped up as Bitcoin price triggered a sudden crash on May 26. This downswing, while serving as a great opportunity to accumulate DOGE, failed to recover alongside BTC.

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Why you should capitalize on this 60% upswing in Solana price

Why you should capitalize on this 60% upswing in Solana price

Solana price shows an interesting divergence on the high time frame chart that could kick-start a much needed swing rally. Therefore, investors need to pay close attention to SOL.

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ApeCoin continues to fall as bears aim for $5.00

ApeCoin continues to fall as bears aim for $5.00

ApeCoin exhibits full bearish control. A drop towards the $5.00 target is a high probability occurrence in the near future. ApeCoin price is still following the macro technicals forecasting a $2.00 target. Invalidation of the bearish thesis is a breach above $13.50.

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Why Binance Coin price could wipe out all gains made this month

Why Binance Coin price could wipe out all gains made this month

Binance Coin price could be setting up for a plummet back to $217. Binance Coin price has breached the ascending parallel channel to start this Friday's trading session. This week, it was mentioned that the future for BNB price was highly dependent on the directional breakout from the channel.

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BEST CRYPTO BROKERS/EXCHANGES

Bitcoin: The last rebound before capitulation

Bitcoin: The last rebound before capitulation

Bitcoin is showing bullish signs in the lower time frames, which can be taken advantage of by traders in the next couple of days. But looking at BTC from the higher time frames suggests that the bottom is not in yet.

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WHAT IS UNISWAP?

Uniswap is a decentralized exchange well positioned for community-led growth, development and self-sustainability. Its native token UNI serves the purpose of enabling shared community ownership and a vibrant, diverse and dedicated governance system, which will actively guide the protocol towards the future.

UNI officially enshrines Uniswap as publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities.

Characteristics of UNISWAP

Uniswap was launched with the idea of solving decentralized exchanges' liquidity problem.

  • It is an Ethereum-based decentralized exchange that allows anyone to swap ERC20 tokens.
  • UNI allows the exchange to swap tokens without relying on buyers and sellers creating that liquidity.
  • Uniswap uses a pricing mechanism called the “Constant Product Market Maker Model.”
  • Any token can be added to Uniswap by funding it with an equivalent value of ETH and the ERC20 token being traded.

Differences between Uniswap and Bitcoin

Which are the main differences between UNI and BTC?

  • UNI is an ERC-20 token that powers the Uniswap platform.
  • 1 billion UNI have been minted at genesis and will become accessible over the course of 4 years.
  • A perpetual inflation rate of 2% per year will start after 4 years, ensuring continued participation and contribution to Uniswap at the expense of passive UNI holders.