Uniswap (UNI) has jumped by more than 6% in the past 24 hours, and it is the best-performing token in the top 20, as on-chain data shows that protocol fees have exploded in September.
In the past 30 days alone, this token has doubled its value, primarily amid the success of its launch on the Robinhood Chain.
Trading volumes in the past 24 hours have surged by 80%, to nearly $640 million. At those levels, they account for almost 15% of the ****** et's circulating market cap.
UNI has managed to defy a challenging macroeconomic backdrop marked by expectations of multiple upcoming rate hikes.
According to data from FedWatch, the Federal Reserve will increase interest rates by 25 basis points tomorrow. Meanwhile, it appears that ****** ysts are leaning toward a second rate increase in December, as high inflation in the United States persists.
#past #token #increase
In the past 30 days alone, this token has doubled its value, primarily amid the success of its launch on the Robinhood Chain.
Trading volumes in the past 24 hours have surged by 80%, to nearly $640 million. At those levels, they account for almost 15% of the ****** et's circulating market cap.
UNI has managed to defy a challenging macroeconomic backdrop marked by expectations of multiple upcoming rate hikes.
According to data from FedWatch, the Federal Reserve will increase interest rates by 25 basis points tomorrow. Meanwhile, it appears that ****** ysts are leaning toward a second rate increase in December, as high inflation in the United States persists.
#past #token #increase
13 hours ago
