2021-12-27 15:31 |
As more and more large-scale investors bought the dip, coins like CRO and Uniswap began rising again. The live Uniswap price today is just under $20. Uniswap is up 13.68% in the last 24 hours. This quick guide explains what Uniswap is, if you should buy it, and the best places to do that if you choose.
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What is Uniswap?Uniswap 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 this year thanks to the DeFi phenomenon and associated surge in token trading.
Uniswap 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.
Should I buy Uniswap today?Uniswap is very volatile like most cryptos. It sustained a long bear run recently and is beginning to regain value only now. Exercise great caution when making any decision that affects your finances.
Uniswap price predictionCoinQuora’s bearish market price prediction for 2021 for Uniswap was $14. In light of the current bullish trend, they believe it will reach $70 by the end of next year, even $75 in the first six months of 2022. Then the rise will taper off, but without major falls. In 2023, the price of Uniswap can go up to as much as $85.
Uniswap on social mediaThere you go, $UNI running 180% profits now! Marked is there area where we longed #UNI.#UNISWAP #BTC https://t.co/G4DGdH8hPK pic.twitter.com/I2K5KJ8hmn
— Tychon Trader 👑 (@tychonshehryar) December 26, 2021
The post Where to buy Uniswap, which gained almost 14% today after whales bought the dip appeared first on Coin Journal.
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