Cryptocurrency Uniswap Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap (UNI) has experienced a 4.79% price drop in the last 24 hours, continuing a week-long negative trend. Despite the price drop, trading volume has increased by 51% over the past week, with the circulating supply also rising slightly. Uniswap's market cap is currently ranked #26 at $4.56 billion.
August 27, 2024 | 7:03 pm
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Uniswap's price has dropped 4.79% in the last 24 hours, continuing a negative trend over the past week. Despite the price drop, trading volume has increased by 51%, indicating heightened market activity.
The 4.79% price drop in Uniswap over the last 24 hours, along with a continued negative trend over the past week, suggests a bearish sentiment. However, the 51% increase in trading volume indicates significant market activity, which could lead to volatility. The market cap ranking at #26 shows its significant position in the crypto market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100