Golden Pig's take: Uniswap has just put the “U.S. stocks on-chain” story on the table, but $UNI fell nearly 10% in a day. When the news and price are at odds, I lean bullish—but I’ll only buy in batches.
Uniswap officially published a long post in the early hours of 11/11: cumulative stock-token trading volume on the protocol has exceeded $20 billion; on 9/17, the U.S. SEC granted a five-year exemption to a “tokenized securities trading venue,” with one of the conditions being the use of an AMM on a public blockchain.
On Binance spot, $UNI was down about 9.9% over 24 hours, with a low of around 6.37—the lowest since 10/30.
My take: the long post is about a sector that will play out over years; today's decline is a short-term market move. These are happening on different time scales. The risks also need to be clear: Uniswap Labs itself states that it does not operate any trading venue, and the exemption is temporary and conditional.
My plan: take a small position around 6.25 (the 10/30 low); exit if it drops below 6.0, and add if it gets back above 7.0.
When major positive news and a sharp drop happen on the same day, how would you manage your $UNI position?
#UNI #Uniswap #美股代币化 #DeFi
$UNI $BTC
Source: Uniswap's official long post on X and Binance spot market data. Not investment advice. DYOR.
Uniswap officially published a long post in the early hours of 11/11: cumulative stock-token trading volume on the protocol has exceeded $20 billion; on 9/17, the U.S. SEC granted a five-year exemption to a “tokenized securities trading venue,” with one of the conditions being the use of an AMM on a public blockchain.
On Binance spot, $UNI was down about 9.9% over 24 hours, with a low of around 6.37—the lowest since 10/30.
My take: the long post is about a sector that will play out over years; today's decline is a short-term market move. These are happening on different time scales. The risks also need to be clear: Uniswap Labs itself states that it does not operate any trading venue, and the exemption is temporary and conditional.
My plan: take a small position around 6.25 (the 10/30 low); exit if it drops below 6.0, and add if it gets back above 7.0.
When major positive news and a sharp drop happen on the same day, how would you manage your $UNI position?
#UNI #Uniswap #美股代币化 #DeFi
$UNI $BTC
Source: Uniswap's official long post on X and Binance spot market data. Not investment advice. DYOR.
