$UNI is about to explode 🔥🔥🔥
1. UNI is one of the earliest and most well-known decentralized exchanges (DEX) in the Ethereum ecosystem, utilizing an automated market maker (AMM) mechanism that allows users to exchange tokens without intermediaries. Its native token UNI is primarily used for protocol governance, allowing holders to participate in important decisions such as fee structure adjustments and fund usage.
2. Uniswap has completed several major version upgrades, each iteration bringing performance enhancements, fee optimizations, and improved composability, further solidifying its leading position in DeFi.
Recently, UNI has been trading sideways, not following Ethereum, with market makers accumulating at this position. A new entry opportunity is expected soon; during the second major upward wave, look for positions to quietly enter the market~
