Cryptocurrency Uniswap Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap's (CRYPTO: UNI) price has decreased by 4.7% in the last 24 hours to $6.84, continuing a negative trend with a 12.0% loss over the past week. The trading volume for UNI has increased by 46.0%, and its circulating supply has slightly risen by 0.03% to over 753.77 million. UNI's current market cap ranking is #25 at $5.15 billion.
May 01, 2024 | 3:01 pm
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Uniswap (UNI) has seen a 4.7% price drop in 24 hours to $6.84, with a 12% loss over the week. Trading volume increased by 46%, and circulating supply is up by 0.03%.
The significant price drop of 4.7% in the past 24 hours, coupled with a 12% decrease over the past week, indicates a negative short-term impact on UNI's price. The increase in trading volume suggests heightened activity, possibly as investors react to the price changes. The slight increase in circulating supply may also affect the price dynamics, although its impact is likely less immediate.
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