Uniswap Crypto Surges Past $5 After Token Burn & Robinhood Volume Surge News
Key Insights:
- Uniswap crypto price rallies to a 7-month high, reclaiming the $5 price level and concluding the week on a bullish leg.
- Uniswap’s trading volume on Robinhood surpassed $130 million after a 10X gain over the last 4 weeks.
- Uniswap burned more than $300k worth of UNI tokens in the last 10 days.
Uniswap (UNI) crypto is among the few coins that maintained the bullish momentum well into the weekend. It has officially exited its previous consolidation zone, expanding its August recovery back above $5.
Uniswap crypto had initially kicked off August on a bearish leg. However, the second half not only recovered the first half losses but also decisively pushed to a 7-month high.
For reference, UNI price traded as low as 3.19, its lowest price in August. It exchanged hands at $5.3 at press time, after a 69% rally. Uniswap crypto was up by 14% in the last 24 hours alone, and this recovery pushed it to levels last seen ON 18 January.
The Uniswap price prediction suggests that the next key price target for
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