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Cryptocurrency News Articles

Uniswap (UNI) Price Prediction: UNI/USD Soars 26.59% to $9.07, What's Next?

Nov 06, 2024 at 11:02 pm

Uniswap's UNI/USD price has increased 26.59% over the past 24 hours to $9.07. Over the past week, UNI has experienced an uptick of over 12.0%

Uniswap (UNI) Price Prediction: UNI/USD Soars 26.59% to $9.07, What's Next?

Uniswap's native cryptocurrency UNI encountered a surge in buying pressure on Wednesday, pushing its price up by 26.59% over the past 24 hours to $9.07. The coin's price has also experienced an uptick of over 12.0% over the past week, moving from $8.2 to its current price.

The coin's all-time high currently stands at $44.92.

The chart below compares the price movement and volatility for Uniswap over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has increased 409.0% over the past week. Meanwhile, the overall circulating supply of the coin has decreased by 0.12%. This puts its current circulating supply at an estimated 60.04% of its max supply, which is 1.00 billion. The current market cap ranking for UNI is #24 at $5.47 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

News source:www.benzinga.com

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