$UNI is up 16.5% today and uniswap just posted a record 28.9 million weekly swaps, that's not a pump with nothing under it.
while everyone's watching price, the actual usage number is the one that matters here. a record swap week means real volume is choosing uniswap over the alternatives, not just traders chasing a green candle.
add in that uniswap is now commanding 76.5% of all trading activity on robinhood chain, pulling in $1.81M in daily revenue from that alone. that's dominance on a chain that didn't even exist for uniswap a year ago.
$UNI trades at $10.62 right now. if it holds above the 24h high of $10.85, i think this run keeps going and tests fresh highs this week, the swap volume gives it a real reason to. if it loses the 24h low of $8.68, i'm wrong on this and anyone who bought today's green candle is sitting on a loss with no story left to defend.
holding $10.85 or slipping back to $8.68?
follow me for more calls like this.
while everyone's watching price, the actual usage number is the one that matters here. a record swap week means real volume is choosing uniswap over the alternatives, not just traders chasing a green candle.
add in that uniswap is now commanding 76.5% of all trading activity on robinhood chain, pulling in $1.81M in daily revenue from that alone. that's dominance on a chain that didn't even exist for uniswap a year ago.
$UNI trades at $10.62 right now. if it holds above the 24h high of $10.85, i think this run keeps going and tests fresh highs this week, the swap volume gives it a real reason to. if it loses the 24h low of $8.68, i'm wrong on this and anyone who bought today's green candle is sitting on a loss with no story left to defend.
holding $10.85 or slipping back to $8.68?
follow me for more calls like this.
