Uniswap Price Prediction 2021
What is Uniswap (UNI)?
Uniswap exchange is an Ethereum-based decentralized platform that allows anyone to exchange ERC20 tokens. The Uniswap protocol was created by Hayden Adams, who was inspired by Vitalik Buterin’s Ethereum project.
On September 16, 2020, the Uniswap team has announced the launch of the platform’s initial tokens called UNI.
All UNI tokens holders will be able to:
• Participate in the management of the Uniswap protocol.
• Participate in the distribution of funds within the community.
• Receive SOCKS liquidity tokens.
Nowadays UNI token is one of the TOP-40 cryptocurrencies by market capitalization.
Uniswap Statistics
Source: CoinMarketCap, Data was taken on 24 September 2020.
Current Price $4.87
ROI since launch 343.14%
Market Cap $471,924,738
Market Rank #36
Circulating Supply 96,866,285 UNI
Total Supply 1,000,000,000 UNI
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Uniswap achievements and future plans
Recently the Uniswap project has the following main updates and news:
• Token Lists — a new standard for creating lists of ERC20 tokens was launched.
• UNI token was launched and some tokens were distributed to users.
• Uniswap V2 — the second iteration of the Uniswap protocol was released.
• The Uniswap Team has risen $11M in Series A funding led by Andreessen Horowitz with additional investments from USV, Paradigm, Version One, Variant, Parafi Capital, SV Angel, and A.Capital.
• The Uniswap developers are improving wallet support and added support for WalletConnect, WalletLink, Portis, Fortmatic.
What to expect in the future?
The project has no official roadmap. The Uniswap Team will continue its path towards decentralization of the platform. In the near future, we can expect the building Uniswap V3, which will dramatically increase the flexibility and capital efficiency of the protocol.
Uniswap Technical Analysis
Source: Tradingview, Data was taken on 24 September 2020.
Uniswap Price Prediction 2021
TradingBeasts UNI price prediction
The UNI coin price is expected to reach $4.10202 (-15.77%) per coin by the beginning of October 2020. TradingBeasts thinks that by the end of December 2021 UNI cryptocurrency maximum price may grow up to $19.71188 (+304.76%) while its average price will be around $15.7695 (+223.81%) per token.
DigitalCoinPrice Uniswap coin price prediction
DigitalCoinPrice thinks that Uniswap exchange token is a profitable investment and its price may reach $7.22 per token by the end of December 2021 (+48.25%).
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