Cryptocurrency Uniswap Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap's cryptocurrency UNI has seen a 3.04% increase in price over the past 24 hours, reaching $5.4. Over the past week, UNI has gained 3.0%, rising from $5.28. Despite the recent gains, it is still far from its all-time high of $44.92. Trading volume has increased by 9.0% over the past week, while the circulating supply has slightly decreased by 0.09%. The current circulating supply is 753.77 million UNI, about 75.38% of the maximum supply. Uniswap's market cap is now $4.07 billion, ranking it 22nd in the market.
November 16, 2023 | 3:00 pm
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UNIUSD has experienced a 3.04% increase in the last 24 hours and a 3.0% increase over the past week, with a rise in trading volume and a slight decrease in circulating supply.
The positive price movement and increased trading volume indicate a growing interest in UNIUSD, which could lead to a continued short-term upward trend in price. The slight decrease in circulating supply could also contribute to upward price pressure. However, the distance from its all-time high suggests that the asset is still volatile and may face resistance at higher price levels.
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