The crypto world never lacks new projects. What it lacks is a veteran that can stay at the table after its sector has been hot for years.
Yesterday, someone asked me why I’ve always been bullish on $UNI .
To put it simply, it’s not just the token I’m interested in, but the Uniswap🦄 behind it.
Back when the AMM model was starting to gain wider recognition, how many projects followed suit and built DEXs? How many protocols tried to copy that path?
But when it comes to keeping users, liquidity, and developers around for the long haul, and evolving all the way from V1 to V4, Uniswap is undoubtedly one of the most representative players in this sector.
You can say that DEX competition is fierce now, or that UNI is struggling in the short term and might fall.
But I don’t think we should overlook one thing:
Others can imitate a product, but it’s much harder to replicate the ecosystem and trading habits a protocol has built up over many years.
And DEXs can’t survive indefinitely on stories alone. Real users coming to trade and real capital providing liquidity are what give this industry the foundation to keep growing.
So I’m bullish on $UNI not just because it’s an established name and I assume it must go up.
Quite the opposite: I’m looking at whether it still has room to grow today, and whether the market will once again revalue DeFi protocols with real history and substance.
People think it’s not new or exciting enough, and have turned their attention to all kinds of short-term trends.
But if the market starts paying attention to DEXs, on-chain trading, and protocol value again, could capital return to these established players?
When everyone remembers UNI again, will the price still be where it is now?
No one can guarantee that.
But I don’t want to wait until UNI is all over everyone’s feeds before I start looking into what it’s actually worth.
New coins have their opportunities, and established names have their strengths!
I’ll continue adding to my position in $UNI in batches. Don’t assume it’s outdated just because it once had its moment in the spotlight. And don’t write it off just because it’s temporarily out of favor.
#UNI #Uniswap #DEX #DeFi #ETH
Yesterday, someone asked me why I’ve always been bullish on $UNI .
To put it simply, it’s not just the token I’m interested in, but the Uniswap🦄 behind it.
Back when the AMM model was starting to gain wider recognition, how many projects followed suit and built DEXs? How many protocols tried to copy that path?
But when it comes to keeping users, liquidity, and developers around for the long haul, and evolving all the way from V1 to V4, Uniswap is undoubtedly one of the most representative players in this sector.
You can say that DEX competition is fierce now, or that UNI is struggling in the short term and might fall.
But I don’t think we should overlook one thing:
Others can imitate a product, but it’s much harder to replicate the ecosystem and trading habits a protocol has built up over many years.
And DEXs can’t survive indefinitely on stories alone. Real users coming to trade and real capital providing liquidity are what give this industry the foundation to keep growing.
So I’m bullish on $UNI not just because it’s an established name and I assume it must go up.
Quite the opposite: I’m looking at whether it still has room to grow today, and whether the market will once again revalue DeFi protocols with real history and substance.
People think it’s not new or exciting enough, and have turned their attention to all kinds of short-term trends.
But if the market starts paying attention to DEXs, on-chain trading, and protocol value again, could capital return to these established players?
When everyone remembers UNI again, will the price still be where it is now?
No one can guarantee that.
But I don’t want to wait until UNI is all over everyone’s feeds before I start looking into what it’s actually worth.
New coins have their opportunities, and established names have their strengths!
I’ll continue adding to my position in $UNI in batches. Don’t assume it’s outdated just because it once had its moment in the spotlight. And don’t write it off just because it’s temporarily out of favor.
#UNI #Uniswap #DEX #DeFi #ETH