$UNI Up 10% as Traders Turn to DEXs After the Binance Hack
What happened?
UNI trades near $7.15, up 10% in 24h while most of the market is red.
Why is it in focus?
Uniswap volume topped $5.97B on Oct 29, with $4.22B on Ethereum. The same day it opened its TJAR fee-conversion tool to other apps, with Robinhood already using it. Standard Chartered says the hack could speed up the shift to DEXs.
What's next?
Neutral. The DEX story is real, but one volume spike isn't a trend. Expect a range between $6.85 and $7.52 near term.
Not financial advice. DYOR.
$UNI
What happened?
UNI trades near $7.15, up 10% in 24h while most of the market is red.
Why is it in focus?
Uniswap volume topped $5.97B on Oct 29, with $4.22B on Ethereum. The same day it opened its TJAR fee-conversion tool to other apps, with Robinhood already using it. Standard Chartered says the hack could speed up the shift to DEXs.
What's next?
Neutral. The DEX story is real, but one volume spike isn't a trend. Expect a range between $6.85 and $7.52 near term.
Not financial advice. DYOR.
$UNI
