Uniswap Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap (UNI) has experienced a 3.36% price drop in the last 24 hours, continuing a week-long decline of 7.0%. Trading volume has decreased by 41.0% over the past week, while the circulating supply has slightly increased. UNI's market cap is currently ranked #20 at $5.79 billion.
July 23, 2024 | 7:02 pm
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NEGATIVE IMPACT
Uniswap (UNI) has seen a 3.36% price drop in the last 24 hours and a 7.0% decline over the past week. Trading volume has decreased by 41.0%, while the circulating supply has slightly increased. The market cap is currently $5.79 billion.
The significant drop in price and trading volume indicates a bearish trend for Uniswap. The slight increase in circulating supply adds to the selling pressure. These factors combined suggest a likely short-term decline in UNI's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100