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UNI Interactions Have Slowed, But The Token Is Still Outperforming Most Crypto Assets

Emily Mason

Summary: Uniswap's newly released token UNI is one of the only few crypto assets performing well over the past 24 hours, Santiment data shows.  Decentralized exchange Uniswap's governance token UNI is up 17.39% and trading hands at $4.65. Meanwhile smaller altcoins' prices are slowly on the decline. Since UNI's launch last week 76.3% of designated UNI ...

Uniswap's newly released token UNI is one of the only few crypto assets performing well over the past 24 hours, Santiment data shows. 

Decentralized exchange Uniswap's governance token UNI is up 17.39% and trading hands at $4.65. Meanwhile smaller altcoins' prices are slowly on the decline. Since UNI's launch last week 76.3% of designated UNI has been claimed with more than 56% of that UNI moving to exchanges.

While the number of addresses interacting with UNI has swiftly declined since the token's launch on September 17, it has still recorded 22,753 interactions in the past 24 hours making it the second most utilized ERC-20 token behind Tether.

By Emily Mason

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