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Author Topic: UNI coin is the next BNB. ?  (Read 841 times)
Handsome Boy
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January 27, 2021, 01:09:34 PM
 #21

what do you thing about UNI coin IF they surpass bnb after rising from 3$ TO 13$ give me your opinion

TODAY STATE OF BOTH COIN
   
Rank  #10
Binance Coin

SYMBOL : BNB

Price  $41.35

Circulating Supply : 154,532,785 BNB



Rank #13
NAME :Uniswap

SYMBOL :UNI

Price : $13.58
Circulating Supply : 286,558,966 UNI



for now the price of BNB has risen higher than the price of UNI, but indeed the opportunity for UNI to become the next BNB and replace BNB position might happen, because no one can guess what will happen to cryptocurrency in the future like Polkadot replaced Ripple, but it may be difficult to happen or it will take a long time for UNI to become the next BNB, because as long as BNB is still popular and people are still investing in BNB then of course BNB will continue to survive.
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January 27, 2021, 01:31:33 PM
 #22

IMHO, I believe it will not, Binance is already in the business since 2017 and it has gone through a process of what it is now just like its coin the BNB, and the BNB supply is more scarce compared to the UNISWap UNI token and I think UNI's price will not last for long and it will return to its previous or maybe lower because if the Defi hype was already gone. UNiSWap will be affected too because they are just defending on one blockchain which is Ethereum while Binance BNB will have many options, and I dont like UNISwap honestly because it required huge gas fees before you can use it. I still prepared to use Binance for its fair fees. The decentralized is good but it is not enough reason to pay more in fees as they robbed you in a broad daylight.
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January 27, 2021, 02:22:40 PM
 #23

I don't get, which one do you think is more risky to invest on between the two? UNI is from a decentralized exchange and it's the first decentralized exchange to have massive liquidity and volume, binance BNB token is even stronger simply because of the team behind the project, even if hacks do come it can't take down binance exchange

Uni is a non-custodial exchange, that is the only thing decentralized about it. The developers/founders are pretty much still in charge of what goes on on that platform. And you bet they still boost a lot of the token liquidity there. Similar to BNB, except maybe that Uni seemed more serious about trying to decentralize with UNI token.

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January 27, 2021, 03:05:24 PM
 #24

This will surely happen as uniswap is keep on breaking barriers the demand is keep on increasing for defi projects and the price movement of Uniswap is growing everyday and many of the new projects are listing in this exchange which means it is trending and has a bright future.

I know BNB has a strong reputation in the market like BTC and ETH are king and queen in exchange these two are going to rule in near future UNI is unstoppable guys a worth and secure investment for sure.









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tvplus006
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January 27, 2021, 03:08:28 PM
 #25

Despite the fact that most of the UNI coins were distributed as airdrop, the price of the coin is steadily increasing in price. However, most of the participants decided not to sell their coins, which they got for free, but to continue to hold them. And in terms of the dynamics of the price increase, UNI is now far ahead of BNB.

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January 27, 2021, 03:12:39 PM
 #26

Not even close, uni is just a token, BNB is a nice blockchain with features and we can even build something like UNI on the BNB chain, so it's different
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January 27, 2021, 03:27:47 PM
 #27

If one look at the rate at which these DEXes are eating into CEXes volume, it is fair to say Uniswap have a chance against Binance, but Binance is more than just spot exchange, you can margin trade, Future and Option was recently added to the market. With Uniswap having more trading volume than most of these CEXes now, Uniswap is one to watch out for this year, especially if they can solve their transaction fees, this would take it into top 10


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January 27, 2021, 03:37:44 PM
 #28

From the way uniswap popularity is going i won't argue it at all, the liquidity on uniswap is almost as high as that of binance, almost all recent project are in uniswap now, the uni token now has a good backing as a utility token, so i believe the possibility for the token to be as high as bnb is very possible.
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January 27, 2021, 03:47:21 PM
 #29

UNI could surpass BNB in rank on coinmarketcap but is there something to achieve from the rank? They are both crypto exchange coins, one is centralized (BNB) and the other ( UNI ) is decentralized, if you are thinking of investing it's better to buy both
I wouldn't suggest to invest on a coin launched by exchanges because the price/worth is based on the exchanges reputation. If the reputation is good, popular and trusted, the coin will have high value and vice versa.

As we can know many exchanges already got hacked from past until now and still counting Hacked Exchanges since 2011
Yeah exactly. Not all the exchange tokens could perform like those two so you still be careful in choosing them as much as possible choose those reputable ones. Honestly, I've used to get few exchanges way back then but I'd say that they are now good as Binance or UNI. Anyway, there's a chance for UNI to surpass Binance though if it performs well to the other one. But surpassing it doesn't make any difference at all(for me at least), I mean they are really worth coin to invest after all.
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January 27, 2021, 04:55:00 PM
 #30

I don't think UNI will surpass BNB at the moment, but UNI has pretty good potential to compete with BNB.
If in the future the uniswap exchange is widely used and its reputation is getting better, it may surpass BNB.

That is, if Uniswap will sustain the interest of traders. This early, one major problem that traders is facing with is the high trading fees. This is the reason why I am hearing other dex platforms to be better over Uni. Now, if UNI will not resolve their fee problems, in time, traders will go to other DEXs with competitive fees. And comparing the number of users in centralized exchanges like BNB, I think it is hard to beat centralized ones because there are a lot of centralized coins to cater with, that you can't find in DEX platforms.

After the massive success of uniswap, many DEX emerges and offers different solutions. Like 1inch is a good decentralized aggregator, even metamask is providing a similar service like them with swapping protocol. But the thing is as long as eth fees problem has not been solved it will not be good for any of these exchanges. Recently I got a token from airdrop and I tried to exchange it through uniswap but it askes for over 100$ gas fees. As long as uniswap keeps its reputation high UNI will show good price action.
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January 27, 2021, 06:03:36 PM
 #31

The market capitalization of BNB is around $6.2B. UNI token is almost $4.1B; this is dependent on investor intrust and project worth; I think UNI will surpass BNB in coming days because UNI price is going to near future $100 so investors are investing in UNI token and will be soon above number 10.

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January 27, 2021, 06:34:59 PM
 #32

The market capitalization of BNB is around $6.2B. UNI token is almost $4.1B; this is dependent on investor intrust and project worth; I think UNI will surpass BNB in coming days because UNI price is going to near future $100 so investors are investing in UNI token and will be soon above number 10.
Will the UNI price reach $ 100 in the near future? Your prediction or have project highlights. BNB is hard to replace because Binance is much better than Uniswap, UNI can reach $100, the price of BNB will be higher.
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January 27, 2021, 09:18:07 PM
 #33

With the advent of Uniswap on the cryptocurrency market, it has become much more convenient for people to exchange tokens on the ERC-20 network.

If we compare these coins with each other, then, firstly, the UNI coin is decentralized, which is a big plus for investors, on the account of the BNB token, I think this token will live until the moment the Binance exchange lives and flourishes, if with the exchange that something happens, then the token will instantly depreciate.

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January 28, 2021, 04:09:22 AM
 #34

actually, uniwap is currently getting stronger because the enthusiasm of investors is so high for trading and investing they also never think about the very expensive gas costs, investors keep their trades uniswap has also made high benefits to their investors who trade by holding airdrops they provide profit to investors as a whole.


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January 28, 2021, 05:53:59 AM
 #35

Well, Uniswap is an exchange platform, same as Binance which is exchange platform too, but Uniswap is decentralized.
It is not impossible that UNI will surpass BNB. If the users of Uniswap keep come, then the coin value will keep rising too.
Binance is burning their coin periodically, which makes the BNB value even more valuable.
It is not for nothing that there has recently been a boom in DEFI projects, people love decentralized systems, decentralized money, while Binance is a completely centralized exchange.

Only because of this, UNI will soon bypass BNB in terms of value, capitalization and place in the rating.

actually, uniwap is currently getting stronger because the enthusiasm of investors is so high for trading and investing they also never think about the very expensive gas costs, investors keep their trades uniswap has also made high benefits to their investors who trade by holding airdrops they provide profit to investors as a whole.

In terms of distributions, various shares, the Binance exchange also often holds similar promotions, where it was possible to earn in the same way as on the distribution from Uniswap.

But, due to the fast exchange of coins, without any hassle, Uniswap with its UNI token outperforms the Binance exchange and its BNB token.

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January 28, 2021, 05:56:28 AM
 #36

Maybe, it's the BNB of decentralized exchange but if not for the fact that ETH gas fee is astronomically high maybe uni might have achieved a far greater height of price point than it is right now.
Uni really sells like a hot cake right now and could probably compete with BNB in the future since UNISWAP being used so frequently it flooded the whole ETH blockchain.

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WalkerIVIV
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January 28, 2021, 07:00:12 AM
 #37

actually, uniwap is currently getting stronger because the enthusiasm of investors is so high for trading and investing they also never think about the very expensive gas costs, investors keep their trades uniswap has also made high benefits to their investors who trade by holding airdrops they provide profit to investors as a whole.
They are the big traders and they have no problem to paid up to two digits just for a single transaction in ethereum network. The different thing will be happening with the small traders caused by they didn't wanna pay a lot of fees.
That means if the big traders will always use the uniswap rather than the small traders.
The smal traders are going back again to the centralized exchange site to avoid the non sense fees in ethereum blockchain.

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January 28, 2021, 07:15:33 AM
 #38

what do you thing about UNI coin IF they surpass bnb after rising from 3$ TO 13$ give me your opinion

TODAY STATE OF BOTH COIN
   
Rank  #10
Binance Coin

SYMBOL : BNB

Price  $41.35

Circulating Supply : 154,532,785 BNB



Rank #13
NAME :Uniswap

SYMBOL :UNI

Price : $13.58
Circulating Supply : 286,558,966 UNI



Not because they will surpass the Value or even the marketcap meaning they can Take the legacy and the service of some project .

Remember you are talking about Binance Coin here and if you have no Idea , Binance is the Fastest growing exchange in the world now and even the most popular so targeting to take what Binance had invested over the years is not that good idea.

and it will took UNI time before reaching that Goal .
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January 28, 2021, 07:17:35 AM
 #39

Uniswap is a good exchange but I believe that its price is currently overbought and it is better to sell now. I'm sure that during this month the price will be around $10.
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January 28, 2021, 07:18:05 AM
 #40

MCAP didn't mean a lot. Binance has been getting its position due to the utility usage that already offered to the users while we know that you can't use UNI other than to participated in the voting process on its governance.
Uniswap is also totally pegged with ethereum network too while binance is actively developing its ecosystem.
UNI will never become the next BNB as it's an orange while you are comparing it with apple.
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