Uniswap Drops 10%: Is a Rebound or Breakdown Below $13 Coming Next?

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Uniswap

Victor Muriki

Victor Muriki is an esteemed writer focused on cryptocurrency and finance, holding a Bachelor's in Actuarial Science. Known for his sharp analysis and insightful content, he has a strong command of English and is skilled at conducting in-depth research and ensuring timely delivery.

Uniswap (UNI) drops 10% to $13.32 as traders monitor key support at $13.20. Mixed sentiment and cautious trading shape the outlook.

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Coinfomania

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Crypto Journalist

The key support level is $13.20, with $12.50 as the next critical zone.

What is UNI's key support level?

The ratio shows a slight bullish bias, with 50.56% of traders going long.

What does the Long/Short ratio indicate?

UNI is trading at $13.32, down 10.59% in the last 24 hours.

What is UNI's current price?

Uniswap (UNI) Price Prediction for 2024 to 2030: Analysis Puts UNI At 538% by 2029. What'll You Do?

Ayanfe Fakunle

Ayanfe Fakunle is an expert content writer, journalist, and editor at the intersection of crypto, finance, and web3. His mission is to make crypto accessible, engaging, and exciting for everyone.

Uniswap (UNI) is ramping up for some serious action in the coming years—or so the charts and analysts tell us.

Uniswap (UNI) Price Prediction for 2024 to 2030: Analysis Puts UNI At 538% by 2029. What&#8217;ll You Do?

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Uniswap Offers Record with $15.5M Bug Bounty for v4 Protocol

Wilfred Michael

Uniswap announces a $15.5M bug bounty for its v4 protocol, offering the highest reward to enhance security and protect user funds.

Uniswap Sets Record $15.5M Bug Bounty for v4 Protocol

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WilfredMichael

Hayden Adams of Uniswap Refutes Claims of Charging Millions for Uniswap Protocol Access, Reaffirms Commitment to Decentralization

DeFi News

The latest DeFi news and updates. Learn how decentralized finance protocols, powered by blockchain networks like Ethereum, is disrupting traditional finance.

Claims have surfaced suggesting that Uniswap's CEO, Hayden Adams, demanded substantial fees for deploying the protocol on new chains...

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Altcoin News

All the latest altcoin news from the crypto market. We provide altcoin daily news covering Ethereum, Solana, Litecoin, and more.

UNI, the native token of decentralized exchange Uniswap, has surged 9%, making it the top gainer in the crypto market today.

Uniswap's UNI Hits $10.6 Following Hints at New Layer-2 Support

Uniswap&#8217;s UNI Hits $10.6 Following Hints at New Layer-2 Support

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Uniswap Price Soars 19%, Breaking $10 Amid Legal Battle with SEC

Uniswap (UNI) jumps 19% past $10 amid SEC legal battle and whale activity, leading to $1.2M in liquidations and a 38% rise in open interest.

Uniswap Price Soars 19%, Breaking $10

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Crypto Regulation News

Pedro Augusto

Pedro Augusto is a financial writer and editor fluent in Portuguese and English, specializing in finance, economics, and investments. He holds degrees in Mechanical Engineering and Financial Management.

Pedro is a financial analyst for stocks, ETFs, and macroeconomics on Seeking Alpha, a seasoned translator in the Forex market for companies like OctaFX and FBS, and experienced in localizing content for the currency exchange and international remittances market, notably for the Remitly startup. Additionally, he's a skilled writer and translator in the cryptocurrency and blockchain sector, working with firms like Phemex and Coinpanda.

For those choosing decentralization, MiCA will provide clearer guidelines on building truly DeFi applications.

DeFi at a Crossroads: New EU Regulations Poses Risk to the Future of Decentralization

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Nwani Mishael

As the decentralized exchange (DEX), Uniswap, continues to grow, a community member has now proposed for the leading DEX to deploy its services on another blockchain. Over the weekend, Ilia Maksimenka, the CEO of the decentralized platform 0xPlasma labs, released a proposal to deploy Uniswap v3 on BNB Chain, the blockchain housing the world&#8217;s fourth ... Read more

DeFi Platform 0xPlasma Labs Proposes Launch of Uniswap on BNB Chain

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Crowd Funding Funding Give Help Nonprofit Concept

Crypto Startup News

Uniswap Labs aims to raise over $100M, valuing the company at $1B, as it looks to expand its decentralized exchange ecosystem...

Uniswap Labs Seeks to Raise Over $100M at a Valuation of $1B

Uniswap Labs Plans $100M Fundraise at $1B Valuation

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Gideon Geoffrey

Gideon Geoffrey is an enthusiastic writer. He admires everything about cryptocurrencies and their underlying blockchain technology.

Uniswap&#8217;s governance token (UNI) has broken into the top ten cryptocurrencies by market cap, less than six months after its initial release. It joins Chainlink (LINK) as the second core DeFi-related token in the prestigious ranking. The latest milestone comes en-route to UNI hitting a new all-time high of $34.7. After a period of consolidation ... Read more

Uniswap (UNI) Breaks Into Top Ten Cryptos, Overtaking Litecoin and Co.

Ruth Shadrac

Ruth Shadrac is new to the crypto space and finds it very fascinating. She is currently an intern at Coinfomania and hopes to work her way to success.

Uniswap sees a 43% drop in Total Value Locked (TVL) as UNI farmers migrate to alternative DeFi platforms seeking better yields...

Uniswap Loses 43% of Total Value Locked (TVL) as UNI Farmers Move Elsewhere

Uniswap TVL Drops 43% as UNI Farmers Shift to Other Platforms

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Questioning the truth

Alessandro Mario of DFOhub, in a report, states how routing swaps on the Uniswap front-end drain liquidity pools of hundreds of ETH daily.

Does Uniswap Devs Use Front-End to Drain Hundreds of ETH Daily?

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It is now over eight days since the decentralized finance project, Uniswap announced a distribution of at least 400 UNI tokens to each Ethereum address that interacted with the protocol before Sept 1. Coinfomania reported that over 40% of the total 150,000,000 UNI available to historical users were claimed under 14 hours. At the time ... Read more

55% of UNI Airdrop Receivers Have Sold; Strong Hands Still Betting Over $8 Price

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It&#8217;s still less than 24 hours since the team behind the decentralized finance protocol, Uniswap, announced its governance token, UNI. According to the distribution schedule, 15 % of tokens (150,000,000) are available to historical users and liquidity providers. Each eligible address could potentially claim at least 400 UNI (appr. $1200 at the time of the release), with ... Read more

Faster Than Stimulus Checks: Over 40% of UNI Tokens Claimed From Uniswap's Airdrop

Faster Than Stimulus Checks: Over 40% of UNI Tokens Claimed From Uniswap&#8217;s Airdrop

Crypto Scam Alert News

Latest scam alerts in the cryptocurrency and blockchain industry

Abigail Michelle

Michelle Abigail is an optimist who believes nothing is impossible even if it means treading on a foreign path. This disposition has moved her to join the crypto world with the hope of contributing her bit to the ecosystem.

Crypto traders using UniSwap are at risk of losing their funds to a fake UniSwap website that is being displayed as an ad on Google search, according to new findings today.  The fake site which was designed to phish seed phrases of victims by mirroring the real Uniswap decentralized exchange was first spotted by BitBoy, ... Read more

People Are Losing $$$ to a Fake UniSwap Google Ad Phishing Seedphrases

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Crypto Exchange News

Data on CoinGecko revealed that Uniswap recorded a total trading volume of over $155 million compared to Gemini, Poloniex and Binance.

Uniswap Records More Trading Volume Than Gemini, Poloniex, and Binance US Combined

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