Express

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

Last Update:

Tags: ,,
Link: UNI Interactions Have Slowed, But The Token Is Still Outperforming Most Crypto Assets   [Copy]
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 19 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 15 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago
  • You need to login to comment.