Uniswap's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap's (CRYPTO: UNI) price has seen a 3.01% increase over the past 24 hours, reaching $12.55, with a weekly uptick of over 5.0%. The trading volume has decreased by 36.0% over the past week, while the circulating supply increased by 0.33% to over 753.77 million. UNI's market cap ranks #19 at $9.41 billion.
March 28, 2024 | 7:00 pm
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Uniswap's price increased by 3.01% in the last 24 hours, reaching $12.55, with a 5% increase over the week. The trading volume decreased by 36%, while the circulating supply rose by 0.33%.
The price increase of Uniswap (UNI) over the past 24 hours and week indicates a positive short-term momentum for the asset. Despite a decrease in trading volume, the increase in circulating supply and the asset's significant market cap position suggest continued investor interest and potential for further gains. The decrease in trading volume could be a point of concern, but the overall positive price movement and market cap ranking outweigh this factor.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100