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Uniswap Exchange announced it would start filling liquidity for test listing and begin test trading, causing its native token UNI to surge. If you are attracted to unique features and want to learn how and where to buy it, this guide is for you.

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It is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity thanks to DeFi’s growing popularity and associated surge in token trading.

It aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems which plagued the first decentralized exchanges.

Considering how hard it is to come up with an accurate cryptocurrency prediction, you should never take any decisions affecting your finances before an in-depth market analysis. Don’t invest more than you can afford to lose.

Wallet Investor advises against investing in Uniswap. They predict its price will drop from its current level of around $9.81 to as little as $1.30 in just one year, equivalent to a loss  of -87%.

If you invest $100 in UNI now, you might be left with $13 in a year. Of course, this is just one price prediction. Some analysts are bullish on it.

⚠️#UNI's 12h chart is setup to nearly double as it has recently shown a BREAKOUT above its resisting trend line! $UNI is now on EXTREME ALERT as with this break, it is setup to climb over +78% to reach the target at $17.86 and we may be witnessing the beginning!#Uniswap pic.twitter.com/qorAALBd31

— JAVON MARKS (@javonnnm) February 27, 2022

The post Uniswap Price surges 11% on liquidity announcement: here’s where to buy it appeared first on Coin Journal.

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