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Uniswap, which has long served as the largest DEX in terms of volume in the cryptocurrency world, continues to experience developments. In the past, Uniswap pleased many investors with airdrops and subsequently secured a significant place in the market. Recently, Uniswap made an attention-grabbing announcement.
Uniswap Announcement
Uniswap continues to remain at the top of DEXs despite occasionally losing its position. Recently, the Uniswap team made a new announcement following discussions about transaction fees and rumors of a potential airdrop.
Although the announcement is currently privacy-focused, such announcements are known to have significant impacts on Uniswap and its native token, UNI. The Uniswap team stated:
Get ready for something super.
How Much Is UNI Worth?
Following the news, attention turned to Uniswap’s native token, UNI. The UNI price rose from approximately $6 at the end of February to $15.1 in March.
After a subsequent price drop, it fell back to $6.5. As of today, the price has risen to $9.86 after a 2.5% increase in the last 24 hours. Over the past 7 days, there has been a 7.7% decrease. Looking at the annual view, there has been an increase of over 90%.
UNI’s market cap has surpassed $5.1 billion, while its 24-hour trading volume has dropped by 14% to $163 million despite the news.
Considering past news, UNI has experienced sharp price increases following announcements. It will be interesting to see how UNI’s price reacts to the recent announcement.
