$UNI has risen today as well. Although I sold some a couple of days ago, I still have some left and plan to hold the rest until the end of the bull market. The strategy I previously provided for this coin was to buy around 6, and now it's approaching 10, yielding a 70% profit.
My future prediction for uni is that it should exceed the market capitalization of centralized exchanges. For example, in the next cycle, the entire web3 world is likely to be valued at around 4 trillion USD, so I think it is reasonable for uni to account for 5% of that, which would be 200 billion USD. But what is uni's market cap today? Only 6.2 billion USD.
Unlike centralized exchanges (cex), uni has very little overhead. Moreover, when issues frequently arise on exchanges, uni will surely capture a stable share of the trading market because people are gradually starting to prefer trusting machines over humans.
Placing coins on cex might result in losses, but putting them on uni for liquidity provision allows you to withdraw at any time, ensuring they will never be misappropriated, plus you can earn transaction fees. If it were you, which option would you choose? Any major investor with substantial funds would likely think this way.
That’s my logic. If you have your own views, feel free to leave a comment.