Uniswap Whale Accumulation Increases, UNI Price Surge More Than 100% In Last 2 Months

Uniswap, the Ethereum-based exchange has been quiet on the tear since June 18 but suddenly jumped up with a steep gain of 150% in these past seven weeks. With its strong price rally, UNI is now the 15th largest crypto in terms of market cap.

Timeline of Uniswap

Uniswap Foundation Proposal may be approved next week amid mixed reactions from the community. If a new proposal from two community members is approved later this month, a new $74 million foundation could support the largest DEX in the world.

Uniswap price analysis reveals that the market is following a strong bullish trend above the $9 mark and is likely to increase even more in the coming day. UNI/USD had tremendous momentum the previous day, August 4, 2022, when the price went significantly from $8.7 to $9.1.

CAKE is the native cryptocurrency of PancakeSwap. It's the largest decentralized exchange for BEP20 tokens, which are digital assets compatible with Binance's crypto exchange network.

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.

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.