Hello, crypto friends! If you've heard that Uniswap (UNI) is 'growing,' but someone is talking about 'whales' and 'correction' — here’s a brief and friendly explanation of what that means. 😊👇
🔹 Uniswap is a decentralized exchange (#DEX ), where people can swap tokens without intermediaries. $UNI is its 'native' cryptocurrency.
📈 Right now, UNI is showing strong growth — meaning the price is rising quickly, and this often attracts the interest of beginners and traders. Everyone thinks: 'Oh, it's time to buy!' 🤑
❗ But there’s a nuance: whales — large investors with a significant amount of tokens — are actively entering the market. They are buying UNI — this is good, but…
💥 When whales sell off massively (taking profits), the price can drop sharply. This is called a correction — a temporary decline after a rapid rise. 📉
🔍 For beginners
Don't panic. This is a normal phenomenon in the market.
It's better to invest wisely and for the long term, rather than riding the hype wave.
Don't buy just because 'everyone is buying.'