UNI, the token of Uniswap, is trading around 7 USD, recording exceptional growth compared to Bitcoin (BTC) recently. This breakout triggers FOMO sentiment, causing investors to fear missing out on opportunities. Uniswap, the leading decentralized exchange, benefits from the DeFi trend and increased transaction volume on Ethereum. Compared to BTC, UNI is attractive due to its high utility and profit potential from transaction fees. However, FOMO can lead to hasty investment decisions, while the crypto market is inherently volatile. Investors need to conduct thorough research, avoid following the crowd to minimize risks.
