The price ofUniswap (UNI) has risen steadily over the past few months and is up sharply today by more than 13%.
Being the first decentralized exchange with a volume of $927 million in 24 hours, Uniswap (UNI) could potentially be undervalued at current prices.
Will Uniswap reach $10? Uniswap is available for trading on OKX.
Uniswap (UNI) Price Prediction for 2022
It looks like those who accumulated Uniswap in June got a good deal.
After the violent bearish move where Bitcoin broke the 200-week moving average in June, Uniswap (UNI) rallied more than 90%.
Uniswap (UNI) is still one of the most reputable and promising decentralized exchanges and is doing very well at #17 on Coinmarketcap with a market capital of $4.96 billion.
The price of Uniswap (UNI) in June 2022 was very similar to the November 2020 bear market before the cryptocurrency jumped over 2000% to an all-time high at $44.95.
As we can see from the charts above, Uniswap (UNI) has been hit hard by the crypto winter, losing over 92% of its value from its all-time high.
The current market capitalization of Uniswap (UNI) sits just under $5 billion at present. It reached $22.57 billion in May 2021, its all-time high.
Because there are now more tokens in circulation, we could see Uniswap (UNI) capitalization surpass the previous high, but still have a lower trading price.
I predict that in the next bull run of this cryptocurrency, we could see a Uniswap (UNI) with a capitalization of $40-50 billion and a sale price around $40-50, depending on the circulating supply at this moment.
As you can see from the chart above, Uniswap (UNI) is still in a descending macro trend and has yet to form higher highs to reassure the market.
Social media analytics mention that Uniswap (UNI) is currently trending on Twitter and most likely other such platforms.
The current price could be considered undervalued and I expect UNI’s price to hover between $4 and $9.50 for the rest of the crypto winter.
Uniswap (UNI) video analysis
Uniswap is a great decentralized exchange and we should use its price as a barometer of its performance or success.
I speculate that Uniswap will make a pump very strong over the next few years, especially during the next crypto bull run.
Seeing a Uniswap (UNI) at $50-100 in 2025 and beyond is a pragmatic goal.
As cryptos and DeFi applications launch on the Uniswap protocol, we will see greater liquidity, overall trading volume, and, as a reflection of the growth of the entire ecosystem, potential increase price.
Interested buyers can go to the exchange site OKXwhich will also allow you to earn $10,000 for signing up.
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Is it a good time to buy UNI
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