Balance CEO alleges betrayal at hands of Uniswap founder

Balance CEO Ric Burton claimed he was double-crossed by Uniswap founder Hayden Adams, who, at one point, he considered one of his “closest friends.” Burton had invested time, friendship, and an unspecified sum of money in supporting Adams to take Uniswap to market.

Timeline of Uniswap

The Uniswap price analysis shows that there is once again a bearish pressure. Since the price last reached its peak on January 22, 2023, at $6.88, there has been some dramatic price action after that including some strong corrections, but the price levels recovered again during the last two days.

Hayden Adams, the founder of Uniswap, thinks people rooting to have crypto shut down are “incredibly cringe.” Uniswap Founder: Let People Be In a tweet on January 26, Hayden emphasized that no one has forced anybody to use crypto, buy coins, or keep up with the latest events in the industry.

Uniswap price analysis shows that the UNI/USD pair has gained tremendous value in the recent past and is currently trading at $6.56. The price action is likely to continue in the near future as the support present at $6.28 is very strong.

Uniswap [UNI] ranked third in the crypto space in terms of fees charged to users. According to Token Terminal's tweet on 25 January, the cumulative fee generated by Uniswap was $30.4 million at the time of writing.

Uniswap price analysis reveals the coin is getting weaker against the US dollar as it trends downward. The coin broke below its important support level of $6.14 and is now trading at $6.34, down by 6.08% in the last 24 hours.

Uniswap's price analysis shows that cryptocurrency is currently in a downward trend. The price is hovering around $7.00 and has been steadily declining; it is now trading at $6.61 since the beginning of today.

Uniswap price analysis is on a bullish trend today, with the UNI/USD pair rising to the $6.63 mark. The bulls have been in control of the market since the beginning of today, and it appears that they have no intention of stopping anytime soon.

Recent Uniswap price analysis is bearish as the price has further declined today. The price levels have reduced to the $6.06 range, and a steady decline in UNI price has been going on since today.

Uniswap price analysis suggests a downward movement to $6.000 The closest support level lies at $6.400 UNI faces resistance at the $6.700 mark The Uniswap price analysis shows that the UNI price action has struggled to break above $7.000 and has fallen below the $6.

Bitwise has predicted that Uniswap would surpass Coinbase in terms of trading volume in Q4 2023 as confidence in centralized exchanges erodes. The post Will Uniswap Make a 2023 Comeback After a Year of Bad CEX?