Telegram ID: @Vipkhoone_manager

The price of Uniswap (UNI) drops to $5 as user growth slows

Crypto Leak 140 Best Vip channels of the world

The price of Uniswap (UNI) drops to $5 as user growth slows



  • as concerned investors flocked to the leading DEX following the SEC’s crackdown on major CEXs like Binance and Coinbase, the price of Uniswap (UNI) surged by 12 percent last week.
  • This week, Uniswap has struggled to acquire new users as the SEC FUD dissipates. For holders of UNI, the 175% decrease in Network Growth is cause for serious concern.
  • Additionally, as rival DEXs have begun to encroach on its market share, Uniswap Transaction Volumes have plummeted.

The price of Uniswap (UNI) surged by 12% last week as leading CEXs faced lawsuits and concerned investors flocked to the leading DEX. After failing to breach the crucial $5 resistance level a week later, the price of UNI is down 3%. Will the ongoing lack of traction further aggravate the losses?

Uniswap is still the world’s largest decentralized exchange. However, competition from PancakeSwap and Balancer has been steadily gaining market share in recent weeks.

Will the Uniswap team be able to rouse confidence in the coming weeks in the face of growing community concerns?



Uniswap is Struggling to Attract New Users

Glassnode’s data indicate that UNI has struggled to attract new customers since this week. As shown in the graph below, the number of new addresses created on the Uniswap network has decreased since the most recent high, which occurred on June 10.

Particularly, it decreased by 66% from 733 to 440 new wallet addresses between June 10 and June 19.

By adding up the number of new wallet addresses created each day, Network Growth calculates the rate at which a blockchain network attracts new users. When it continues to fall, it frequently has a negative effect on price, as previously mentioned.

The ongoing decline in the price of UNI may be exacerbated further if this trend does not change.








Get to know Godleak

Godleak crypto signal is a  service which provide profitable crypto and forex signals. Godleak tried to provide you signals of best crypto channels in the world.

It means that you don’t need to buy individual crypto signal vip channels that have expensive prices. We bought all for you and provide you the signals with bot on telegram without even a second of delay.

Crypto leak

Godleak crypto leak service have multiple advantages in comparision with other services:

  •  Providing signal of +160 best crypto vip channels in the world
  • Using high tech bot to forward signals
  • Without even a second of delay
  • Joining in +160 separated channels on telegram
  • 1 month, 3 months , 6 months and yearly plans
  • Also we have trial to test our services before you pay for anything

For joining Godleak and get more information about us only need to follow godleak bot on telegram and can have access to our free vip channels. click on link bellow and press start button to see all features


Join for Free


Also you can check the list of available vip signal channels in the bot. by pressing Channels button.






Rival DEXs Are Encroaching Uniswap’s Market Share

Uniswap appears to be losing market share to its rival’s Decentralized Exchanges protocols, confirming the bearish outlook. Between June 5 and June 7, when the SEC first announced its lawsuit against Coinbase and Binance, the UNI Transaction Volume quickly increased by 90%.

However, as the graph below demonstrates, it has since decreased by 1,200 percent, from $79.4 million to just $5.93 million as of June 18.

The daily confirmed transactions involving a particular crypto asset are evaluated using the Transaction Volume (USD) metric. Typically, it is directly related to cost.

Unless the Uniswap team is able to reverse this trend, UNI could head toward another price downtrend in the coming days.

UNI Price Prediction: The Bears Could Target $3.75

The IntoTheBlock IOMAP distribution data indicate that the price of UNI is likely to fall toward $3.75 in a bearish direction.

When the price reaches its average purchase price of $4.34, the 1,360 investors who bought 9.66 million UNI tokens are expected to provide significant support.

If that support folds, as expected, the Uniswap price will likely decline to $3.75.

However, if the UNI price rises above $4.70, the bulls at Uniswap can disprove this bearish narrative. However, as was previously mentioned, some of the 2,300 addresses that hold 5.2 million tokens at a maximum price of $4.70 may present significant opposition.

However, the UNI price may finally reclaim the $5 milestone if that resistance level fails to hold.





Leave a Reply

Your email address will not be published. Required fields are marked *