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

Quote from: Gvent on Today at 10:22:59 PM

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

I imagined when it moved up when it was listed in binance. It took 8X than its past market price when it surged. Uniswap is the best defi project to me because they cared about their clients and traders. Imagine, they gave up 400 UNI as an airdrop for those who registered and trade before or during September 1.

Well, I just made a few bucks in uniswap because I bought only few. I want to invest in uni again when it declines so that, I can make more profits when it goes to top coins in cmc.