Uniswap v3 and v4 are raking in 47.2% of all stablecoin DEX volume on DEXs, a $161.4 billion total, while $UNI is barely up 2.94% to $7.53.
The number looks massive on paper, but the market’s already priced in DEX dominance as a given. No one’s shocked Uniswap’s leading the pack right now, especially with greed index sitting at 64. This kind of old data rarely moves price when sentiment’s already this hot.
There’s no clear confirmation this volume translates to near-term $UNI upside. I’m not touching it here; the risk of a fakeout is too high when the crowd’s already greedy. Chasing already-priced-in narratives is how you get rekt in the middle of the night.
You think this volume data will push $UNI past $8 soon, or is this just a dead cat bounce for now? Vote 1 or 2.
#Write2Earn #BinanceSquare #UNI DeFi #TradingTournament
The number looks massive on paper, but the market’s already priced in DEX dominance as a given. No one’s shocked Uniswap’s leading the pack right now, especially with greed index sitting at 64. This kind of old data rarely moves price when sentiment’s already this hot.
There’s no clear confirmation this volume translates to near-term $UNI upside. I’m not touching it here; the risk of a fakeout is too high when the crowd’s already greedy. Chasing already-priced-in narratives is how you get rekt in the middle of the night.
You think this volume data will push $UNI past $8 soon, or is this just a dead cat bounce for now? Vote 1 or 2.
#Write2Earn #BinanceSquare #UNI DeFi #TradingTournament