As I thought, UNI tokens have dropped dramatically in price after reaching all time high prices a few days ago.
According to data on the coinmarketcap site, the UNI token fell by -24%, imagine three days ago the price of
UNI tokens was still at $ 8. Whereas now it is down to $ 4, there must be a lot of FOMO by buying UNI tokens
at peak prices.Therefore, don't be interested in investing in coins that are hype, as a result, we can lose money
for buying at the peak price.
Not only UNI token, almost every coin is dropped, same as you, I'm not interested in investing in UNI because it's hype, but their platform is very useful, we can easily swap our token to another without making a deposit into the market. For UNI token I can't say that 100% just hype, so let's what happens next
your right . that means the drop is not caused by an exit fomo/hype but it was a mere market decline . are you an investor ? i ask because you think that uni is different from other hyped projects but why not invest on it ? i didnt knew that you can trade coin without a fee but sounds unbelievable to me . how can they earn a profit with that ? but you still need to pay for the gas when transferring your coins from eth/erc20 address to metamask or either on the exchnage platform itself .