Uniswap Likely to Continue Moving Based on THESE Two Metrics!
🦄 Uniswap's price is +70% over the past week with the project's new fee proposal to burn 100M tokens as part of an initiative to redirect protocol revenues to
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🦄 Uniswap's price is +70% over the past week with the project's new fee proposal to burn 100M tokens as part of an initiative to redirect protocol revenues to token burns, and new feature launches to enhance liquidity provider rewards.
🐳 A 4-year high in daily whale transactions has marked a top for the #25 market cap's coin value. Coupled with the highest amount of new $UNI wallets created in 3 years, it appears that retail FOMO is high at the moment. However, don't be surprised by another wave of rallies after the euphoria dies down, based on the positive fundamental news and improved governance for the project.
🧐 If you're trading or investing in Uniswap right now, track how these two key metrics will likely dictate its price swings throughout November here!
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