$UMA "Understanding UMA Protocol's Impressive Price Surge and Market Impact"

The current price of UMA Protocol is $3.64, reflecting a 12.88% increase over the past 24 hours. This recent price movement has brought the token's market capitalization to $303.31 million. So far this year, UMA Protocol has seen a growth of 68.59%. According to CoinDesk's Digital Asset Classification Standard (DACS), UMA Protocol is categorized as a DeFi asset.

Technical analysis of UMA prices for 2024 suggests that the minimum cost of UMA will be $2 to $2.91, with a potential maximum price of around $5.5 to $6. The average trading price is expected to be around $4.92. It is important to note that these predictions are based on current market trends and are subject to change as the market unfolds.