Pay attention to UNI, being informed is not a bad thing!
UNI is an automatic token exchange protocol on Ethereum, a decentralized exchange that makes it easier to swap tokens, with higher technology. Currently, it almost reaches billions in trading volume every day.
Uniswap started charging a 0.05% fee from V2, but providers can earn 0.3% as profit. V3 increased aggregated liquidity on AMM, allowing it to concentrate within a set price, thereby increasing the expected value of liquidity.
The reasons for this rise are, first, Ethereum's volatility pushing the price up; second, today's trading volume is expected to exceed last year's peak, which is positive; third, UNI is about to upgrade again.
So, will it surpass last year's peak of 19.47? Is it time to buy some? I can say that this rise has not yet been fully absorbed and there will be fluctuations. I will continue to provide updates. For those who hold or want to invest long-term, you can follow me.
