#UNI has once again appeared on the decline list, making me feel pure existence, really can't understand why Uniswap, as a decentralized exchange, has many users and a decent trading volume yet does not rise.

UNI really makes people love and hate

First of all, from a long-term perspective, buying and holding UNI is definitely worth it, but why is there almost a chorus of criticism in the market? It's simple, just take the previously mentioned switch fee for example, it has been delayed for a long time, and coupled with the fact that the market makers have not been able to uplift the trend significantly, it has continually disappointed everyone and failed to deliver the expected profits. Take my earlier AAVE at 140 in April; during that process, there were also several major sell-offs, but both in long-term holding and short-term trading, the returns were incomparable to UNI.

Secondly, as more and more people hold UNI, the distribution of chips becomes wider. Even if market makers want to pump the price, they will have to expend more effort. After all, clearing floating chips takes time. From another perspective, if the market makers cannot control the market and the effort does not correlate with profit, why would they spend real money to pump the price? There are not so many philanthropists in the crypto world; it is normal for UNI to be criticized as garbage and a shitcoin after a long period without a pump.

Why are those who hold UNI criticizing this coin more fiercely? Doesn’t it also indicate the attention and value of UNI in the crypto space? I want to say that UNI absolutely has a chance for a comeback in the future; reaching $50 is not impossible, but no one knows how much time it will take. If in the next bull market, UNI continues this trend where returns and time are not proportional, I think I might have to give up.
#UNI #UNI📈 $UNI