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Here’s when to expect Uniswap to begin its journey to $30 and beyond
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Uniswap’s price has remained stagnated for quite some time now. On the weekly window, the DeFi token shed more than 6%, while on the daily timeframe, the asset had already lost up to 3% of its value.
This made UNI one among the few non-performing large-cap tokens of this week. At one point, Uniswap represented nearly 1% of the total market capitalization of digital currencies, but now, that dominance number has fallen to a point as low as 0.66%.
Despite the dwindling prices and shrinking dominance, the number of transactions and the total active addresses have witnessed a notable rise of late. The former metric was seen at its monthly ATH of 3.41k transactions at the time of writing.
The total number of addresses, on the other hand, was seen
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