Uniswap is an Ethereum-based automated liquidity protocol. Its operations ensure constant security, decentralization, and censorship resistance in the crypto industry, removing the need for intermediaries.
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Uniswap Price Analysis for 3rd of October: UNI/USD Struggles to Break Away From the $6.333 Price Level
The price of UNI/USD was rejected after it at the height of $6.725. Therefore, the price formed another resistance at $6.568. And since then the
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Upside capped at $980B total crypto market, according to derivatives metrics
A bearish formation in the total market capitalization chart has been gaining strength after two failures to break its resistance level.
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Biggest Movers: UNI Rebounds From Recent Losses on Monday
Uniswap was back in the green on Monday, as the token rebounded from two days of consecutive declines. The move saw prices climb towards a
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Uniswap Price Analysis for 1st of October: UNI/USD’s Uptrend May Be Ending Too Soon
It can be observed from the UNI/USD market in recent times (within September) that the market keeps forming resistance at around the $6.654 price level.
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Despite the Crypto Market Downturn, DAO Treasuries Grew by $700 Million Since January
Since January 2022, the entire crypto economy has shed $1.36 trillion in value, as the market capitalization dropped from $2.34 trillion to today’s $979 billion.
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