Re: Is UniSwap the most powerful in the Defi market?

Quote from: G.Belaci on September 29, 2020, 11:18:54 AM

It’s just 10 days back that DeFi protocol Uniswap launched their Uni token and now Uniswap becomes the first DeFi protocol to cross $2 Billion.

Read more: https://www.worldcoinindex.com/news/defi-protocol-uniswap-crosses-2-billion-in-total-value-locked

Will Uniswap remain it's top position or is this just a hype?

now the interest in the industry of DeFi projects is very high
so I am sure that Uniswap will continue to be popular and along with it there will be demand for the UNI token
however, I still classify this token as a very risky investment
this is due to the fact that the price for it strongly depends on the situation in the DeFi sector of the crypto market