Home > web3.0 > body text

Uniswap Coin Price Prediction 2024-2030

尊渡假赌尊渡假赌尊渡假赌
Release: 2024-03-21 14:42:28
Original
665 people have browsed it

Uniswap spent much of 2020 trading between $2.1343 and $4.18 before hitting an all-time high (ATH) of $44.97 during the cryptocurrency bull run in May 2021. UNI fell steadily to $3.6378 in June 2022, down 88% from its ATH. UNI traded between $4 and $7.50 for most of 2022 and 2023

Uniswap Coin Price Prediction 2024-2030

uniswap coin price prediction

Uniswap is the best to date One of the most successful DeFi protocols to date, its token has been in the top 25 on CoinMarketCap for some time. That being said, competition in the DeFi market is heating up and regulators will soon turn their sights on DeFi, leaving many wondering what will happen to the future price of Uniswap’s UNI.

In this Uniswap price prediction, we look at the past of the Uniswap token and then look ahead to the future to discover what might happen to the UNI price. We also looked at UNI's utility and what other analysts think its price might do.

Uniswap Coin Price Prediction 2024-2030

  • Uniswap’s UNI token was launched in September 2020 as an airdrop to platform users and liquidity providers. It hit an all-time low of $0.4699 on its first day of trading.
  • Uniswap spent much of 2020 trading between $2.1343 and $4.18 before hitting an all-time high (ATH) of $44.97 during the cryptocurrency bull run in May 2021.
  • UNI fell steadily to $3.6378 in June 2022, down 88% from its ATH.
  • UNI traded between $4 and $7.50 for most of 2022 and 2023, successfully testing the $4 support level on multiple occasions.
  • The Uniswap token recently broke out of a downtrend on the weekly chart dating back to mid-2022, signaling potential highs for UNI in early 2024.
##yearLow priceMeal average budgetHigh price
2024 $6 $7.40 $12.35
2025 12 USD 23 USD 52 USD
2030 $25 $28 $32

Uniswap Historical Price

UNI will be airdropped to platform participants and liquidity providers starting from September 15, 2020. Price data on TradingView’s UNUSD chart begins on September 17, 2020, with UNI debuting at $1.09941, hitting a high of $4.31 and a low of $0.4699, a new all-time low. Then, on September 18, CoinMarketCap began tracking the data and priced UNI at $3.4882.

From there, UNI continued to trade between $2.1343 and $4.18 for the remainder of the year before joining the bull market that began in late 2020 and lasted through much of 2021. In May 2021, it reached an ATH of $44.97, a 686% increase from its 2020 high of $5.7205. However, from this ATH, it fell sharply, hitting a price of $16.74 just 3 weeks later – a loss of 62.78%.

From here, it climbed to $31.34 on September 2, 2021, before steadily falling, hitting a low of $3.6378 on June 14, 2022 – an 88% loss in value. From here, UNI trades between $7.50 and $4 for the rest of 2022 (it briefly topped $9 in August).

Uni’s price has been declining modestly throughout 2023, hitting lower highs and lower lows. It has successfully tested the $4 mark twice this year, in June and October. It is currently priced at $6.29, up 472% from the first recorded price of $0.4699 and 86% below ATH.

UNI Historical Price Summary

  • UNI entered the market on September 17, 2020 at $0.4699, setting an all-time low before quickly finding $2.1343 to $4.18.
  • During the 2021 bull run, UNI’s ATH reached $44.97, a 686% increase from its previous ATH of $5.7205.
  • UNI has been trading sideways between $4 and $7.50 since mid-2022, but is still falling
  • UNI successfully tested $4 twice in 2023, most recently One was in October.
  • UNI currently trades at $6.29, up 472% from the first recorded price and 86% below ATH.

Uniswap Price Prediction 2024

2024 is the year of the Bitcoin halving. However, the impact is not expected to be felt until 2025. But 2024 is shaping up to be an exciting year for the crypto market. Analysts predict that a Bitcoin ETF will not be approved until after January 2024.

On top of that, crypto regulations continue to be enforced around the world, leaving investors and developers struggling to invest in or launch tokens more clearly.

All of this is very favorable for Uniswap price predictions, as the combination of increased cryptocurrency regulation and increased investor exposure to cryptocurrencies opens up everything for greater participation in DeFi — and Uniswap is The #1 DEX among all blockchains.

Finally, a look at the technical picture on the Uniswap chart:

  • On the daily chart, the 50-day moving average (MA) just crossed above the 100-day EMA and is heading towards 200 The daily moving average moves.
  • On the weekly chart, the recent rally has seen Uniswap break out of a descending wedge, where price support at $4 has been successfully tested three times.

Therefore, our 2024 price prediction for Uniswap is $12.35, with a low of $6 and a median of $7.40.

Uniswap Price Prediction Long Term Outlook – 2025-2030 Forecast

As we look further into the future, there is less and less uncertainty surrounding Uniswap token predictions. However, there are some events and changes in sentiment and activity that we can use to help us predict the long-term future of the Uniswap token price.

Firstly, 2025 is widely expected to be the year affected by the 2024 Bitcoin halving event, with analysts and predictions that Bitcoin prices will hit a new ATH in 2025. The altcoin market has traditionally followed this As a trend, many altcoins have also found new ATH.

Coupled with the growing popularity of cryptocurrencies and increased exposure to DeFi among retail and general investors, as well as Uniswap’s position in the DeFi space, the UNI token looks set to shine in 2025. Against the backdrop of all these positives, our Uniswap price prediction for 2025 is a bold one, with a low of $12, a high of $52, and a median price of $23.

Price Prediction to 2030

Many factors may affect the Uniswap cryptocurrency price in 2030. What stands out most is the potential widespread adoption of DeFi at this point, and Uniswap is currently in a very good position to benefit from it.

However, the world of cryptocurrency is changing rapidly and another platform may be more popular with institutional investors, or Uniswap DAO, whose forces are steadily consolidating into several larger entities, may also be in trouble, Uniswap tokens have almost no value. At this point, the Uniswap DAO may also thrive, overcoming this adversity and even leveraging its power to give the UNI token greater utility.

With the Bitcoin halving also taking place in 2028, expected to trigger a bull run in 2029, 2030 is the year we should expect a pullback from these highs.

With all of this in mind, our Uniswap price prediction for 2030 is a more stable price, with a low of $25, a high of $32, and a median price of $28.

Potential Highs and Lows for Uniswap Token Price

The table below summarizes our predictions for Uniswap price between 2024 and 2030.

Low Price Meal Average Budget High Price
2024 $6 $7.40 $12.35
2025 12 USD 23 USD 52 USD
2030 $25 $28 $32

What are other analysts’ predictions for Uniswap Coin?

There is no shortage of analysts predicting Uniswap’s future price. Here are some other Uniswap price predictions from around the web.

Changelly blog predicted that the price of UNI will reach $14.56 by 2025, and stated that UNI may climb to around $100 in December 2030.

Changelly

The CryptoNewZ website predicts a trading range of $11.72 to $16.87 in 2025, but there won’t be a new one until 2030 Uniswap ATH, with a projected high of $54.21.

cryptonewZ

Coin Price Forecast predicts UNI will climb steadily from a year-end price of $9.14 in 2024 to a year-end high in 2032 $22.

Coin Price Prediction

CoinPedia website states that Uniswap has a potential high price of $18.33 in 2025, rising to $61.89 by 2030 potential high price.

Coin Encyclopedia

Coinweb website predicts that the future for Uniswap holders will be very profitable, and by 2030, the price of UNI will exceed 100, with an average price of $131.01 and a potential high of $207.61.

Coin Network

What is Uniswap Coin and what is its purpose?

Uniswap (English) is an open source decentralized exchange, DEX company, for exchanging blockchain-based tokens, which pioneered the automated market maker (AMM) style of peer-to-peer asset trading and now has proliferated throughout the ecosystem and is the most popular method of token exchange in the cryptocurrency world. It is available as an app for Android and iOS devices.

Uniswap exchange originally launched on Ethereum; however, it is now on 11 blockchains and layer 2, including Ethereum, Polygon, BSC, Avalanche, and Base. Uniswap is the top DEX on all chains with a staggering $3.685 billion in locked liquidity, more than double Curve DEX in second place. Uniswap instances running on Ethereum currently hold over 12% of all liquidity locked in Ethereum DeFi.

Automated Market Maker Explained

Automatic Making Market Maker (AMM) is a permissionless exchange system that utilizes smart contract-controlled liquidity pools to eliminate the need for a broker or trusted middleman when exchanging assets.

On users who use the AMM system to exchange, called liquidity providers (LP) deposit asset pairs (such as ETH and UNI) into smart contracts to create liquidity pools. Other users can then use this pool to exchange their ETH for UNI or UNI for ETH, paying a small fee to the liquidity provider each time.

The price of an asset in a pool is determined by the ratio of assets in the pool, which changes as traders swap assets in and out of the pool. Since DeFi is decentralized and permissionless, anyone can create a liquidity pool for any pair of assets, and anyone can add assets to the liquidity pool to become an LP and earn a portion of the fees - always prorated . Limited partners are free to withdraw their income and liquidity at any time.

Because tokens are exchanged through an asset pool rather than traded with another person, DeFi users often refer to these actions as swaps rather than transactions.

Continuous iteration

Since its launch in November 2018, Uniswap has been continuously iterating and improving its platform and AMM model to benefit the entire DeFi field. Version 1 was the first version of Uniswap (followed by Uniswap V0, which was the development of V1), introducing the AMM concept of DEX to Ethereum and the wider world.

Uniswap version 2 allows users to pair and exchange ERC20 tokens with each other (previously, ERC20 tokens could only be paired and exchanged with Ethereum), complete lightning swaps, and also introduces price oracles. Uniswap version 3 transforms a somewhat simple token trading platform into a feature-rich financial platform, allowing LPs to provide centralized liquidity, add multiple fee tiers, and more.

Uniswap version 4 is currently under construction in the public domain and will, among other things, allow others to build customizable liquidity pools on top of Uniswap’s existing liquidity pools in a permissionless manner.

What’s more, each version is audited and formally verified before release to ensure it is as safe as possible for future users.

Finally, in the midst of all these iterations, Uniswap acquired the Genie NFT market aggregator and launched its own NFT aggregator in November 2022. On the Uniswap NFT aggregator, users can choose from the top NFT marketplaces all in one place, including listings from OpenSea, LooksRare, and Foundation.

What is the purpose of UNI token?

UNI is the native token of the Uniswap exchange, launched in 2020 and airdropped to platform users. On September 15, 2020, 15% (150 million) of UNI’s 1 billion supply was airdropped to users, historical liquidity providers, and SOCKS redeemers and holders. As part of this, 400 UNI is available for every address that ever interacts with the Uniswap smart contract.

The Uniswap token represents community ownership of the UNI protocol and serves as an axis for community-led growth, platform development and self-sustainability of the Uniswap ecosystem. The main function of UNI is to serve as the governance token of the Uniswap platform. UNI holders control the Uniswap community treasury, and 1 UNI = 1 votes on proposals put forward by other UNI holders.

To submit a proposal, holders must hold and delegate at least 1% of the total supply of UNI, and there is a dedicated forum to discuss UNI governance voting. If they wish, UNI holders can stake their Voting rights are delegated to DAO representatives, who will vote on proposals.

Uniswap Coin Overview

Cryptocurrency Uniswap (English)
Stock Code plain
row #22
Price $6.29
Price change 24 hours -1.59%
Market value 3,698,263,554 yuan
Circulating supply 588,187,016 units
24-hour trading volume 422,825,187 yuan
All-time high $44.97
All-time low $0.419

What affects the price of Uniswap?

As the most popular and prominent protocol in the growing DeFi world that is governed by token holders, many factors can influence Uniswap token prices. We've summarized them here.

Bitcoin Halving: Movements in the price of Bitcoin affect the entire crypto market, which typically tracks it closely. The Bitcoin halving occurs approximately every 4 years and historically it has triggered a bull run in the crypto market resulting in ATH for many coins and UNI is no exception.

Cryptocurrency and DeFi Regulation: Regulatory frameworks for cryptocurrencies are starting to emerge around the world, and it will be interesting to see how regulators approach DeFi protocols. Since Uniswap is a top DeFi protocol, to some extent, we can expect any major regulatory moves in DeFi to impact the price of UNI.

Governance Advice: Uniswap is governed by its token holders, and governance appears to be steadily centralized among a few large entities. Future governance proposals and votes seeking to increase participation or change platform governance may impact token prices.

Popularity of DeFi: As cryptocurrency adoption grows and institutional investors become more comfortable interacting with DeFi, we may see an increase in DeFi activity. This will undoubtedly involve Uniswap, being the most popular DeFi protocol, and will also impact the price of Uniswap tokens.

Popularity of Uniswap Protocol: While it may be the most popular protocol currently, Uniswap may see its dominance challenged in the coming years as adoption increases and other protocols grow . If this happens, Uniswap’s token price may be affected.

Uniswap protocol improvements: Protocol upgrades always cause market hype. Uniswap continues to launch protocol upgrades, changing the landscape of DEX and DeFi. Such events fuel price speculation and often precede, and sometimes even follow, increases in token prices.

Is Uniswap a buy?

With its dominant position at the top of the DeFi pyramid, decentralized governance, and history of releasing game-changing upgrades, the Uniswap token is one that many will keep for the future.

Growing regulatory clarity and expectations that DeFi will soon become mainstream are also prompting many to stockpile UNI for the future. Since Uniswap is a top DEX and DeFi protocol — by a wide margin — it’s hard to see Uniswap and its UNI token underperforming in the short and long term.

Conclusion

Uniswap is a mature protocol that will immediately take advantage of the upcoming DeFi regulation and adoption. However, many would say that its long-term nature and maturity in the token market reduces the potential gains from Uniswap tokens.

The above is the detailed content of Uniswap Coin Price Prediction 2024-2030. For more information, please follow other related articles on the PHP Chinese website!

source:php.cn
Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Popular Tutorials
More>
Latest Downloads
More>
Web Effects
Website Source Code
Website Materials
Front End Template