Key Points
- Upbit introduced the itemizing of Uniswap (UNI) later as we speak.
- Following the announcement, the worth of UNI spiked by over 5%.
The largest crypto change in South Korea, Upbit, introduced that it’s going to listing Uniswap (UNI) later as we speak. Trading begins at 16:00 KST (estimated time) on KRW and USDT markets, in response to the official announcement.
Previously Upbit has already listed the UNI/BTC buying and selling pair.
Upbit additionally made the announcement by way of their X account. Following the change’s official announcement, the UNI worth noticed a major worth spike.
UNI Price Spikes Following Upbit’s Announcement
At the second of writing this text, UNI is buying and selling at $8.17, up by virtually 7% up to now 24 hours.
After Upbit’s announcement, the coin’s worth spiked from $7.9 to $8.33, marking a surge of over 5%, forward of a slight drop to present ranges.
Now, UNI’s whole market cap is round $4.9 billion and the token’s FDV is $8.16 billion.
During the previous seven days, UNI recorded intense volatility, seeing a worth drop from virtually $8 on October 16, to $7.22 on October 17. The worth recorded a notable surge on October 21 from $7.46 to ranges near $8.
Latest Uniswap Achievements
On October 21, Uniswap Labs announced by way of X that the protocol had crossed an necessary milestone – they surpassed $2 trillion in all-time quantity on Ethereum L1, in response to official information revealed from Dune:
Dune information exhibits that, as of October 1, 2024, the full Uniswap Protocol quantity on Ethereum was $2.01 trillion. This is a crucial milestone for Uniswap, particularly because it was achieved at virtually twice the velocity of the primary trillion.
On October 18, the staff at Uniswap Labs announced by way of X that World Chain went reside on Uniswap Web and Wallet.
Uniswap is a decentralized buying and selling protocol, higher identified for its function in facilitating automated buying and selling of DeFi tokens and UNI is its governance token.