Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Dociko on September 19, 2020, 08:35:28 PM
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Uniswap’s recently released token – called UNI – has seen massive inflows of investments throughout the past day, with the large buy-side orders far outweighing the relatively small sell orders from users who received 400 tokens via an airdrop.
This uptrend has been further perpetuated by multiple exchange listings, with the likes of Coinbase, FTX, and Binance all listing the token within 24-hours of its launch.
This has given retail investors unprecedented access to it, which appears to be what is helping to offset the instant sell-side pressure that came about as a result of the airdrop.
Details: https://www.newsbtc.com/2020/09/18/uniswaps-token-uni-stable-above-5-50-as-negative-funding-rates-soar/?amp