The crypto market set up for a week of enthusiastic trading, as sentiment switched to more greed. The recent market recovery also pushed investors into attempts at quick gains from decentralized exchanges. Uniswap (UNI) achieved peak fees, but its token price was left struggling. In this market recovery, investors are trying to chase the excitement through the Clandeno (CLD) ICO. The presale sets expectations for 100X gains once the token launches.
The crypto market showed signs of setting up for a week of enthusiastic trading, as sentiment switched to more greed. This was evident in the recent market recovery, which pushed investors into attempts at quick gains from decentralized exchanges.
Uniswap (UNI) achieved peak fees, but its token price was left struggling. In this market recovery, investors are trying to chase the excitement through the Clandeno (CLD) ICO. The presale sets expectations for 100X gains once the utility token launches.
Uniswap (UNI) Struggles Despite Technological Strength
Uniswap (UNI) is among the biggest producers of revenues, based on trading and transaction fees. It is the most lucrative decentralized application (dApp), bringing in close to $550 million in fees for the first half of 2024. Uniswap (UNI) also grew its user base, as well as token listings. Uniswap (UNI) benefitted from the Base blockchain, which drove user growth in 2024.
However, despite the recent developments, the Uniswap (UNI) token is still struggling to gain momentum. Even with the market-wide recovery, Uniswap (UNI) only showed a slight improvement, rising to $8.16 on March 2nd. Uniswap (UNI) is heavily used as a store of value, as the protocol supports $5.29 billion in value locked.
For analysts, especially considering the market recovery, Uniswap (UNI) might even be undervalued, as its own token is valued at $4.29 billion. Uniswap (UNI) also has a relatively low all-time high under $20, with hopes of regaining that position in a new bull cycle.
However, Uniswap (UNI) may be pressured by tokens not in circulation, as investors fear pressure from insider selling.
Clandeno (CLD) to Harness Excitement for 100X Growth
Clandeno (CLD) aims to disrupt a highly liquid industry, by creating a decentralized e-commerce marketplace. In the crypto market, some tokens lag due to insufficient liquidity. Clandeno (CLD) aims to still offer a chance for 100X growth, by offering a low entry point during the presale stage.
The Clandeno (CLD) platform will generate 525 million tokens, of which most will be unlocked and available to the community. The Clandeno (CLD) project will encourage early investors to hold on by offering special perks, such as additional flash sales.
Staking Clandeno (CLD) will also be an option, with a 36 million token pool for staking rewards. The Clandeno (CLD) platform will also offer other incentives, to keep early investors for the long term. Finally, all token holders will also gain a share of the platform’s commission fees.
To find out more about the Clandeno presale, visit their website here.
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