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Author Topic: Uniswap Token to $50?  (Read 706 times)
livingfree
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January 10, 2022, 07:09:51 PM
 #41

Peak was $43.

That's close to $50.

Well, it only means that the likely of seeing it on $50 when another bull run strikes is possible. We get to see ATHs after ATH and who knows if it'll also happen to Uni.

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January 10, 2022, 07:36:13 PM
 #42

In my opinion, Uni may be the leading token in terms of gains once btc completes the correction. Already in recent days he has shown that he wants to bounce off the bottom.

Looking at the on-chain data, it can be seen that investors place high hopes in this coin and that the accumulation phase among the largest investors has been going on for some time. The number of whales is constantly growing, and local declines are only an opportunity for whale purchases. For example, from November 10, the number of UNI wallets with a balance above $ 250k increased from 465 to 490.

Wallets in the range of 2.5kk to 5kk USD grew even more dynamically. This can be seen in the screen below.
https://ibb.co/NnSnRRW

On the other hand, the value of tokens on these largest wallets increased from 242 million to 271 million in just the last week. The entire market was bleeding during this time, but smart money was still seizing the opportunity.
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January 11, 2022, 12:19:06 PM
 #43

Uniswap almost reached $50 in March last year and now the price is back to $18.
I wonder when the price will be back to $40-$50 as other projects still compete with each other while Uniswap needs to join in the competition to convince their investor that their project is worth holding.
It seems the development is still running but we do not know when they will announce the update for their project and if that can release on this year, maybe that can help lift the price.
The investors are still waiting for the rise of Uniswap, while I am sure many of them are accumulating more Uniswap at a price now before it is too late to buy.

There hasn't been much traction for the Uniswap token, probably because people lost interest in the decentralized exchange. With many competitors offering cheaper fees and faster settlement times, Uniswap's place on the market will slowly diminish over time. Things are going to get worse for the UNI token as we've entered the bear market. For it to go all the way back to $50, something big must happen. Otherwise, prices will continue to decline until UNI becomes worthless.

Knowing that the crypto market is all about speculation, one should proceed with caution as any mistake could make you lose everything in an instant. As long as you buy low and sell high, there should be nothing to worry about. Just my thoughts Grin

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January 11, 2022, 03:16:42 PM
 #44

Uniswap price right now around $15+.When Uniswap token price was $43+ Considering the current price Uniswap token $50+ is so far.I Think this coin will be more development in this yea and price will be more increase. I think it will be possible to Uniswap price will be reach in $50 this year.Uniswap is expensive token,so you can hold long time i hope this token price will be rise very soon.
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February 09, 2022, 12:45:06 PM
 #45

Although uniswap is the top dex exchange on the ETH network, but without switching to a blockchain or analog networks, it seems to me that the coin will not grow to such a price, for example, I am not ready to trade there with such high commissions, for example, on polygon or bsc, this exchange could grow in trading volume and new users, which would attract to the growth of the token.
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February 09, 2022, 02:29:16 PM
 #46

It's not possible once market start to bullish again because indeed most alts gradually increasing as well especially when bitcoin is in a bulltrend. And its a very near price to be honest, so you need to be patient mate and of course make technical analysis as well so that you can get more information about potential of that coin.
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February 09, 2022, 10:08:55 PM
 #47

Although uniswap is the top dex exchange on the ETH network, but without switching to a blockchain or analog networks, it seems to me that the coin will not grow to such a price, for example, I am not ready to trade there with such high commissions, for example, on polygon or bsc, this exchange could grow in trading volume and new users, which would attract to the growth of the token.

This is why other networks are increasing its popularity like BSC or SOL or MATIC, because they are offering competitive or cheaper fees. As UNI is serving the ETH network, it means the fees are quite expensive as compared to these new emerging networks, where a lot of users are now avoiding it. But if this ETH 2.0 resolving the gas fee problem, maybe, the UNI fees will also decline. If not, would be very hard for its users to continue using their services and so the price may increase slowly.
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February 09, 2022, 11:35:46 PM
 #48

During the hype of these defi tokens I think It would have been possible especially with the maybe bsc-chain integration or polygon and that will rocket the price to maybe close to 100 but right now with all the NFTs I dont really see that happening anytime soon

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February 09, 2022, 11:50:35 PM
 #49

~
Knowing that the crypto market is all about speculation, one should proceed with caution as any mistake could make you lose everything in an instant. As long as you buy low and sell high, there should be nothing to worry about. Just my thoughts Grin
I doubt a mere speculation alone can help take the price of Uniswap to $50 considering that the price right now is $12 and majority of the users are moving away from ETH because of their crazy higher fees and no one will be willing to spend more money per transaction and you could only see users who are trading huge numbers trading anything with ETH. As long as the scaling issues are resolved it will die off eventually and that is what i think about the entire ETH market.
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February 10, 2022, 02:28:39 AM
 #50

From the fundamental perspective, I believe in Uniswap for the long term as it is one of the main products of DeFi (Decentralized Finance), especially it is on Ethereum.

Here's I can share a simple chart, which price action of Uniswap is almost the same with other high market cap altcoins, multiple lower highs for the past few weeks. So, if ever it will break previous lower high, I believe it that it will be the start of bounce.


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February 10, 2022, 05:12:55 AM
 #51

It's not a big target for uniswap. Now its price is 12$. And its market capitalization is 2 billion$. Its ATH (all time high price) is near 43$ according to coinmarketcap data. So, if it breaks its previous all time high then it can easily hit 50$ target easily. In long term my target for this coin is 100$. Because its use case is strong. Its product is uniswap exchange. That is a decentralized exchange that is ranked in the world biggest decentralized exchanges list. So, I hope it will give us good profit when alts season starts. And early holders get good  profit from it.

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February 10, 2022, 05:17:31 AM
 #52

Expecting UNI to reach a value of $50 I think it will be very difficult, considering UNI's unreasonable transaction fees make users switch to other places, such as BSC, polygons, and others which of course offer a small fee for each transaction.

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February 10, 2022, 08:20:31 AM
 #53

Expecting UNI to reach a value of $50 I think it will be very difficult, considering UNI's unreasonable transaction fees make users switch to other places, such as BSC, polygons, and others which of course offer a small fee for each transaction.
Those who play on the UNI platform are those who have a lot of money and those who make transactions in very large amounts, because if they only transact in very small sizes, then that person will lose with the transaction gas costs that must be used, so look for a solution for the platform the cheaper one is a very reasonable solution in my opinion.

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February 10, 2022, 12:36:41 PM
 #54

It's not possible once market start to bullish again because indeed most alts gradually increasing as well especially when bitcoin is in a bulltrend. And its a very near price to be honest, so you need to be patient mate and of course make technical analysis as well so that you can get more information about potential of that coin.

You've said it yourself. The only way UNI can reach a new All-time-high is if the market is bullish. Other than that, the price per token will remain stagnant. Considering that gas fees are high on Ethereum, the average person has moved away from the Uniswap decentralized exchange. Without mainstream adoption for the platform itself (Uniswap), how would you expect the token to increase in price? There are far better competitors with cheaper fees and faster order execution times. BSC's PancakeSwap and TRON's JustSwap are one of those competitors that are better performing and cost efficient than Uniswap itself.

What Uniswap only has is large liquidity and a wide array of tokens trading on its platform. If it wasn't by that, it would've been dead by now. For what I know, the crypto market is highly unpredictable. Either the UNI token goes to $50 in the future or continues to sink deeper in price until it becomes worthless. Ultimately, it's all about utility. As long as crypto remains decentralized and useful, nothing else matters. Just my thoughts Grin

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February 10, 2022, 02:25:31 PM
 #55

Do you think the Uniswap token will reach $50 soon?
Well, it depends when they implement it and what the market condition at that time. However, 50$ is possible (in long term) but since you used word "SOON" so NO from me.

If not why?
There was a time when DeFi was trend. And almost every defi token reached their all-time high but now its been changed and today is trend of NFTs and seems peoples are crazy for nfts.

There is one more reason;

Quote
The DeFi platform is one in a pretty long line of platforms that have run into trouble from scammers and hackers. In fact, in December last year, blockchain tracking firm Chainalysis reported that scammers had taken away over $14 billion in cryptocurrencies from DeFi platforms over the past year
source
DeFi platforms has always been a target of hackers. Which scares investors. IMO

What is your prediction for UNI's price after the launch of V3?
again. Depending on what the token price is at that time, it will definitely pump a bit.
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February 10, 2022, 02:37:36 PM
 #56

Uniswab is one of the altcoins that has very good potential and prospects, even though currently UNI is falling too deep, but judging from its high adoption, I am very optimistic that Uniswab will reach $50 or even more even though it will not happen time  near this.

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February 10, 2022, 03:26:41 PM
 #57

it is very difficult for me for UNI tokens to reach $50. Even if it is seen from the potential that UNI has, it is indeed very good. but make no mistake, when binance also issued pancake swaps, many users turned to this exchange to make transactions because of the low fees. so that many users do liquidity on pancakeswap

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February 10, 2022, 03:46:54 PM
 #58

UNI can be a good choice for long-term investments.
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February 10, 2022, 07:04:19 PM
 #59

Surely it will be 50+ one day. We just do not know when that will be. People are talking about competition and all that but Uni is basically doing its own thing at this point and people who like to use it ends up using it and there is nothing wrong with that. Doesn't mean there won't be others that does it better, it just means that others could be better but Uni could get better too.

So, I believe that 50 dollars for Uni token is not really a big deal, it will surely happen in the future. When will it happen? I have no idea, but I am guessing that the next huge increase could be the day, not like increases we had this month, I mean like literally 2021 ATH period type of increases.

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February 11, 2022, 04:25:40 AM
 #60

Uniswab is one of the altcoins that has very good potential and prospects, even though currently UNI is falling too deep, but judging from its high adoption, I am very optimistic that Uniswab will reach $50 or even more even though it will not happen time  near this.
What coin is uniswab? It is uniswap bro but indeed uniswap is one of the coins that is still being considered by the many because we can see that this coins is listed anywhere. It was the father of swap sites that we use these days.

I think the fall of uni has to do with the expensive gas cost in eth network because the moment I use the uni exchange they only accept eth but I do not know maybe uni exchange is updated now and they now accept other chains. Uniswap is not the only coin that is down but it was the whole crypto market. Let us wait for everything to recover and maybe that is the time where uniswap can reach 50 dollars.
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