Cryptocurrency Uniswap Rises More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Uniswap's (UNI) price has risen by 6.66% in the last 24 hours to $7.41, despite a 4% loss over the past week. The trading volume has decreased by 12% while the circulating supply increased by 0.53%. Uniswap's market cap is ranked #24 at $5.59 billion.
October 07, 2024 | 3:02 pm
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Uniswap's price increased by 6.66% in the last 24 hours, reaching $7.41, despite a weekly decline. The trading volume decreased by 12%, while the circulating supply rose by 0.53%.
The 6.66% price increase in 24 hours is a positive short-term indicator for Uniswap, suggesting a potential reversal of its recent downward trend. The decrease in trading volume may indicate less market activity, but the increase in circulating supply shows continued interest in the asset.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100