Uniswap's governance token UNI surged 11.58% to $4.91 in a sharp 24-hour rally, driven by high trading volume but no confirmed protocol news. Despite the price rise, on-chain data shows significant token inflows to exchanges, indicating potential sell pressure rather than strong accumulation. Additionally, about 90% of the volume is flagged as wash trading, suggesting limited genuine demand behind the move. Traders should watch for a reversal in exchange flows and whether UNI holds above its market-maker breakeven at $4.63 to assess if the rally can sustain.
Uniswap (UNI) surged 6.89% on August 27, breaking bullish structures on the daily chart and reaching a high near $4.84 before pulling back to $4.57. Strong spot demand, whale accumulation, and token burns support the uptrend, with technical indicator...
Cryptocurrency prices are fluctuating with Bitcoin trading around $78,338, slightly down by 0.40%. Ethereum and Binance Coin show small gains, while several altcoins such as XRP, ADA, and SOL experience notable declines, some exceeding 3%. These mixe...
Forgd and DefiLlama have introduced Universal Token Ratings (UTR), a new system that scores 128 crypto tokens on a 0-to-100 scale and assigns letter grades from AAA to CCC. The ratings combine project transparency and real market data, updating conti...
Ngrave released firmware version 1.8 for its ZERO hardware wallet, introducing a new open-source Universal QR Protocol that replaces its legacy QR system, enhancing transparency and security. The update also expands token support on the Polygon netwo...
Uniswap (UNI) has broken its downtrend, trading at $4.39, above both its 50-day and 200-day moving averages for the first time in months. This price is 59.8% below its 12-month high but 83.4% above its low, with strong trading volume supporting the r...
