Uniswap, the most popular decentralized AMM (Automated Market Maker) took the world of decentralized exchanges by storm since its inception. It's struggling to rise to the top because of the network congestion surrounding Ethereum. But developers have already expressed their interest in launching an improved version of Uniswap dubbed "Uniswap V3". This upgrade will use "Off-Chain" scalability techniques in order to "tackle" the issues surrounding the underlying Ethereum blockchain. Faster trades and near-zero fees will make Uniswap V3 a force to reckon with.
As of now, the price of a UNI token hovers around $27 - $34. If a new version is released, the token might skyrocket in price at a very fast pace. My prediction is that UNI will be worth $50 - $60 in a year from now. Traders are still using the current version of Uniswap even with high fees and slow transaction processing times in play. Imagine once it scales towards "infinity and beyond". Mainstream adoption will soar like crazy! What is your price prediction for Uniswap Token? Your input will be greatly appreciated.
If I look at its current position in this market and the next update to come, I don't think there is any need to think about the possibility that it will inevitably increase in price. Not only is the use of Uniswap getting better lately, but if we look at the demand for using dex, I think UNI can fully achieve that price.As of now, the price of a UNI token hovers around $27 - $34. If a new version is released, the token might skyrocket in price at a very fast pace. My prediction is that UNI will be worth $50 - $60 in a year from now. Traders are still using the current version of Uniswap even with high fees and slow transaction processing times in play. Imagine once it scales towards "infinity and beyond". Mainstream adoption will soar like crazy! What is your price prediction for Uniswap Token? Your input will be greatly appreciated.