You look down on UNI at 6 U
At 200 U for UNI, you will find it hard to reach
For a long time, many fans have been puzzled and often ask me why I am so optimistic about UNI. Although Uniswap is currently the largest decentralized exchange, the UNI token has no utility and essentially serves no purpose.
In fact, the risk with UNI lies in regulatory risk.
Currently, the SEC's stance on virtual currencies, aside from BTC, is that all public chains or tokens could potentially be deemed unlicensed securities. EOS and XRP serve as cautionary tales. If one day the SEC sets its sights on UNI, then one would have to give up on long-term holding because once faced with regulatory issues, many large institutions would be unable to buy UNI. For a token like UNI, which has a large market cap, if there are no big institutions buying, its price will find it hard to rise significantly.
The current price of UNI is 6.3, how much it can rise depends on the market environment.
But it is worth holding long-term.
For those who entered earlier, MKR has been continuously profitable.
Daily focus: UNI, SUI, APT, PEPE, DOGE
