Uniswap (UNI) Sees 150% In Last Seven Weeks Amid Strong Whale Accumulation, What's Next?

UNI, the native token of Ethereum-based decentralized exchange Uniswap, has registered a strong price rally in the last seven weeks. The UNI price has gained by more than 150% in the last seven weeks putting it once again among the ranks of the top fifteen cryptocurrencies by market cap.

Timeline of Uniswap

The proposal calls for the creation of a Uniswap Foundation to be seeded with a $74 million budget and 2.5 million UNI tokens. The post Uniswap executives propose creating Uniswap Foundation to boost exchange appeared first on The Block.

The proposal calls for the creation of a Uniswap Foundation to be seeded with a $74 million budget and 2.5 million UNI tokens. The post Uniswap Labs alum proposes Uniswap Foundation to boost exchange appeared first on The Block.

Uniswap price analysis reveals that the market is following a dormant trend below the $9 mark and is likely to remain there. UNI/USD had tremendous momentum the previous day, August 3, 2022, when the price went significantly from $8 to $9.3.

Uniswap price analysis shows a bearish trend that has brought the UNI/USD value down to $8.28. The market had a breakout to the upside that found resistance at $9.10, which has caused the market to roll over and head back down.

Sofia, Bulgaria, 1st August, 2022, Chainwire DeFi project ChangeX has successfully launched its CHANGE token for trading on HydraDEX and Uniswap to strong investor interest, company officials said. The app supports several trading pairs in order to offer a broader range of possibilities to investors, BTC and ETH cross-chain swaps included.

Uniswap (UNI) has continued to perform well as the altcoin has reached a high of $9.80. The cryptocurrency has regained bullish momentum as the altcoin trades above the moving average lines.

UNI's 80% July gains are in dangerous waters as a new bearish pattern emerged and risks another drop from the current levels in the bearish setup so let's have a closer look today at our latest altcoin news.

DeFi coins Lido, Curve, and UNI jumped by double digits as the markets rebounded and are among the top gainers to a $1.1 trillion market cap so let's read more today in our latest cryptocurrency news today.

Uniswap [UNI], one of the largest decentralized exchanges, is looking into the activation of protocol fees. The decentralized network community recently initiated discussions on how to efficiently activate protocol fees.

Uniswap price analysis shows that the UNI/USD pair has been on a bullish trend since the beginning of today. The prices reached a high of $8.40 yesterday and have been consolidating since then.