Uniswap Price Prediction

Uniswap (UNI) is a token and a means of governance on an Ethereum-based decentralized exchange that allows anyone to trade their ERC-20 tokens. The platform was created to address the liquidity problem that the conventional cryptocurrency exchanges face. On Uniswap, users don’t need things that the exchange usually requires for transactions like registration or identity verification. At the inception of UNI, 15% of all tokens were distributed free of charge to all users of the platform, including those who have not used Uniswap for a long time. The minimum amount of coins was 400 UNI. Such an impressive distribution instantly attracted the attention of a huge audience and resulted in a significant boost in its price. The ecosystem native to UNI is not only an exchange but rather a platform for solving liquidity problems. It eliminates the issues which troubled the first decentralized exchanges. The success of the platform is further observed in the recognition of its token. The number of places where UNI is traded is equal to its popularity, so it reflects people’s interest in it. It is ranked within the top-30 most popular cryptocurrencies on CoinMarketCap. Moreover, there’s a profitable return on investment in UNI.