Let me make it clear that I am not asking anyone to buy uni in this article. Nor am I advocating that $UNI is better or worse. You must think for yourself and make your own decisions.
Many people asked me why they bought uni, so I wrote an article to give a unified answer.
1. There is a risk of running away in centralized exchanges, and if you make too much money, your money may be frozen. Your qualifications are actually controlled by others, which goes against the spirit of decentralization. Although this may not be necessary, this risk does exist. There will definitely be some people who are very taboo about this and feel insecure about centralized exchanges, so decentralized exchanges meet the needs of this market, and the emergence of uni is inevitable.
2. Uni is the leader of decentralized exchanges. Although Sui, that idiot, copied its code before, Uni later upgraded to v3 and directly applied for code protection. It can be said that Uni's team's innovative ability is very strong and Sui can no longer catch up. I am also optimistic about Uni in terms of operations.
3. The uni team sometimes lacks money and sells its own coins to subsidize the operation of its own company. Many people criticize uni for this. I think it is understandable. When a listed company makes money, it is normal for people to cash out to improve their lives or to maintain the operation of the company.
4. Uni's valuation is very low. In the bull market, it was no problem for it to earn 1 billion US dollars a year. According to its current valuation and price-to-earnings ratio, it is very low. According to the price-to-earnings ratio, it is only about 5 times. Even if it is valued according to bank stocks, it is not too high, and it is not high according to brokerage stocks.
5. Uni will make efforts in other fields, such as acquiring NFT exchanges, opening new contract trading markets, etc. For it with a large number of users, I don’t think it is particularly difficult.
6. The reason why the price of uni coin does not rise is actually very simple, because the team has no empowerment, such as spending money to reward the development of uni ecology, and for example, they can do some uni NFT airdrops to give dividends to people who hold uni. They have never done these. So the hype expectation exists. Once there is a news that uni has some empowerment one day, the coin price will go up immediately.
7. At the current stage, I think uni is in a stable development stage. The price is not rising. It is a wash-out to let those who are not firm in holding chips get off. Uni is much better than other altcoins.
8. Uni is fully capable of doing what Binance does. If it does what Binance does, Uni's market value may reach the height of BNB. BNB has risen so much because BNB has always been empowered in various ways.
I expect the next bull market of uni to increase by 100-200 USD. So I will hold on firmly.
This article is not a reference for any investment. I am responsible for my wallet. I just want to communicate with you.
