Uniswap Decreases More Than 10% Within 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap (UNI) has experienced a significant price drop of 10.23% in the past 24 hours, continuing a week-long decline of 19%. Trading volume has decreased by 31% over the past week, while the circulating supply has slightly increased. The current market cap for UNI is $6.73 billion, ranking it #19.
June 24, 2024 | 7:03 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Uniswap (UNI) has seen a sharp decline of 10.23% in the last 24 hours, continuing a week-long drop of 19%. Trading volume has decreased by 31%, while the circulating supply has slightly increased. The current market cap is $6.73 billion, ranking it #19.
The significant price drop and decreased trading volume indicate a bearish trend for Uniswap (UNI). The slight increase in circulating supply adds to the selling pressure. These factors combined suggest a negative short-term impact on UNI's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100