UNI Rises To Top 20 DeFi Token, Defying Predictions Of Price Dump
insidebitcoins.com
Uniswap, one of the most popular decentralized exchanges (DEXs), issued out a campaign where it airdropped UNI tokens to past Uniswap users, doing so in batches of 400 per wallet. Now, however, the coin is going up, by a spectacular margin, trading at the $5-$6 range at the time of writing UNI stands as the governance tokens for the Uniswap DEX.
In the past 24 hours since the UNI liquidity mining incentives were announced, the TVL of Uniswap had increased by a factor of 75%. In terms of most-traded crypto assets for the past 24 hours, CoinGecko shows that UNI has managed to take 4th place of all cryptocurrencies, with only ETH, BTC, and USDT being above it.
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