Uniswap Price Hits $5.62 on Major Exchanges (UNI)

Uniswap (UNI) traded up 12.8% against the US dollar during the 1-day period ending at 20:00 PM ET on June 23rd. Over the last seven days, Uniswap has traded up 47% against the US dollar. Uniswap has a market cap of $4.12 billion and approximately $224.71 million worth of Uniswap was traded on exchanges in the last 24 hours. One Uniswap coin can now be purchased for about $5.62 or 0.00026676 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Archer DAO Governance Token (ARCH) traded flat against the dollar and now trades at $2.51 or 0.00005559 BTC.
  • Peony (PNY) traded up 5.9% against the dollar and now trades at $0.0348 or 0.00000165 BTC.
  • Zebec Protocol (ZBC) traded 0.8% lower against the dollar and now trades at $0.0106 or 0.00000050 BTC.
  • GreenCoin.AI (GRC) traded up 4.8% against the dollar and now trades at $0.0044 or 0.00000021 BTC.
  • Mint Club (MINT) traded up 5.6% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • MM Optimizer (MMO) traded 17.4% lower against the dollar and now trades at $2.43 or 0.00008223 BTC.
  • Public Mint (MINT) traded 10.1% higher against the dollar and now trades at $0.0141 or 0.00000067 BTC.
  • Notional Finance (NOTE) traded 10.9% lower against the dollar and now trades at $0.41 or 0.00001499 BTC.
  • Interlude (ISH) traded flat against the dollar and now trades at $0.0060 or 0.00000009 BTC.
  • Parachute (PAR) traded up 8.2% against the dollar and now trades at $0.0003 or 0.00000001 BTC.

Uniswap Coin Profile

UNI is a proof-of-stake (PoS) coin that uses the Scrypt hashing algorithm. Its genesis date was April 7th, 2017. Uniswap’s total supply is 1,000,000,000 coins and its circulating supply is 733,302,193 coins. The Reddit community for Uniswap is https://reddit.com/r/Uniswap. The official website for Uniswap is uniswap.org/blog/uni. Uniswap’s official message board is uniswap.org/blog. Uniswap’s official Twitter account is @Unicoin_UNI and its Facebook page is accessible here.

According to CryptoCompare, “Uniswap is a protocol for exchanging ERC-20 tokens on Ethereum. It eliminates trusted intermediaries and unnecessary forms of rent extraction, allowing for fast, efficient trading. Where it makes tradeoffs decentralization, censorship resistance, and security are prioritized. Uniswap is open-source software licensed under GPL. The introduction of UNI (ERC-20) on¬†September 16th, 2020 enables shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future. 1 billion UNI have been minted at genesis and will become accessible over the course of 4 years.¬†A perpetual inflation rate of 2% per year will start after 4 years, ensuring continued participation and contribution to Uniswap at the expense of passive UNI holders. Uniswap has embraced the tenets of neutrality and trust minimization: it is crucial that governance is constrained to where it is strictly necessary. With this in mind, the Uniswap governance framework is limited to contributing to both protocol development and usage as well as the development of the broader Uniswap ecosystem. In doing so, UNI officially enshrines Uniswap as publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities. “

Buying and Selling Uniswap

It is usually not possible to purchase alternative cryptocurrencies such as Uniswap directly using US dollars. Investors seeking to acquire Uniswap should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Coinbase or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Uniswap using one of the aforementioned exchanges.

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