Uniswap Showing Some Brewing Signs!
ЁЯФБ Uniswap's marketcap has climbed +21% since June 22nd. And its network has just seen a historic spike in dormant activity. 72.95B in age consumed (amount of t
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ЁЯФБ Uniswap's marketcap has climbed +21% since June 22nd. And its network has just seen a historic spike in dormant activity. 72.95B in age consumed (amount of tokens moved multiplied by how old those tokens are) is the highest $UNI dormant spike of all-time.
ЁЯСиЁЯСж This age consumed spike has resulted in the average age of 'hodling' wallets dropping by a massive -7.2%, with tokens moving from stagnant wallets back into circulation. Though not a guarantee, these major dormant spikes will very often coincide with increased network activity that can very well boost market values.
ЁЯФЧ Track whether more dormant coins continue to move back into Uniswap's circulation with this handy chart!
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