Category: UNIUSD

Here’s Why Curve Finance, Uniswap Witnessed Massive Spike in Volume

There is not a single dull day in DeFi. The decentralized finance [DeFi] space has been known for wild swings be it in terms of token’s price, or trading volume. In the latest development, Automated market maker Curve Finance saw its daily trading volume spike massively to a fresh all-time high after maintaining a steady […]

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UniSwap Price Prediction: UNI Eyes $3.6 If This Resistance Is Broken

UniSwap looks forward to a rally to $3.6 if the descending parallel channel resistance is shattered. UNI/USD is building the bullish outlook as reflected by the RSI’s gradual movement towards the midline. UniSwap has in the recent past dominated the decentralized finance sector. However, the token is not performing well in terms of price action, […]

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Uniswap Governance Vote Raises Centralization Questions

DeFi protocol Uniswap is currently undergoing its first governance vote but members of the crypto community have noticed that the whales are largely in control of it. The initial proposal was made by DeFi lending and trading platform Dharma which is one of the largest UNI token holders. In order to make governance more accessible, […]

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UniSwap Technical Analysis: UNI Hunts For A Bottom As $2.5 Beckons

UniSwap bleeds profusely after rejection from $3.6. Initial support is embraced at $3, but UNI/USD looks primed for losses eying $2.5. UNI, the official token of the decentralized finance (DeFi) platform UniSwap, has lost over 13% of its value in the last 24 hours. The downswing came into the picture following a barrier encountered at […]

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UniSwap Technical Analysis: UNI Soars 14% But Is The Trend Sustainable?

UniSwap bounces off support at $2.4, bringing hope to investors that recovery is imminent. UNI/USD hit a barrier at $3.4, throwing bulls out of balance but the RSI suggests that the uptrend could continue. UniSwap dropped significantly following its launch in September. The cryptocurrency found it difficult to sustain the uptrend amid decreasing volume and […]

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YFI, LEND, CRV, UNI Prices Plunge, is it The Death of DeFi?

Tokens related to decentralized finance are getting battered again today with many of the top performing ones in recent months losing double digits over the past week. Analysts are starting to call DeFi a bubble. The total value locked across the DeFi sector is in decline as the flocks of farmers withdraw their collateral. The […]

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Almost $50 Million UNI Goes Into Governance But Price Tanks to $3

Uniswap’s native token, UNI, is flowing into the protocol’s governance mechanism but its prices are still tanking despite an increase in collateral. According to recent metrics from Dune Analytics, around $47.5 million in UNI tokens have been delegated to protocol governance. The dashboard also revealed that there are over 2,000 delegates and over 87,000 UNI […]

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Will Sushiswap’s Declining Figures Affect Its Shelf Life ?

Sushiswap was nothing less than an overnight success story that mostly rode on the fame of VC-funded Uniswap. Despite its promising yet contentious debut, trouble seems to be brewing for the DeFi trading protocol. It’s native token SUSHI, has lost approximately 90% of its value since its all-time high of $9.48 to its press time […]

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