Post
Topic
Board Altcoin Discussion
Re: What You Think About UNI coin Is It good to Hold It For Longterm perspective
by
marks1976
on 07/10/2020, 14:57:10 UTC
UNI is a token of DEFI UNISWAP and is currently being generated over time. Their total supply will increase by 10 times when they are fully exploited. It is difficult for the UNI to raise prices over time if the project does not plan to vote or burn them over time.
Creative efforts will take place for UNI to increase value.

You meant about the current circulating supply will become 10 times went the maximum supply has already reached by uniswap, right?

The more people who earn UNI from participated in the event and the more people will think to dump it into the market too. When the bearish trend was happening and people will not put more money to create strong support in the market.
That means the UNI can go to the bottom price anytime.
Just imagine when you people massively sending their reward to the market to sell it instantly. This could happen with UNI coin.