Uniswap Rises More Than 48% In 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap (CRYPTO: UNI) has seen a significant price increase of 48.45% in the last 24 hours, reaching $10.97, despite a 3.0% loss over the past week from $7.42. The coin's all-time high is $44.92. Trading volume has decreased by 27.0% over the past week, with the circulating supply also decreasing by 0.4% to 753.77 million, approximately 75.38% of its max supply. Uniswap's current market cap ranking is #16 at $7.99 billion.
February 23, 2024 | 3:00 pm
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Uniswap (UNI) experienced a significant 48.45% increase in price over the last 24 hours, reaching $10.97, despite a weekly loss of 3.0%. The trading volume has decreased by 27.0%, and the circulating supply has slightly decreased by 0.4%.
The significant price increase of Uniswap (UNI) over the last 24 hours, despite a decrease in trading volume and a slight reduction in circulating supply, indicates strong market interest and potential for further short-term gains. The contrast between the 24-hour performance and the weekly trend suggests a possible reversal or a reaction to specific market conditions or news affecting UNI.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100