The Uniswap platform is indeed widely used for those who are not interested in a centralized exchange. But it is common knowledge that the transaction fees on this platform are very high. But I see this has no effect on UNI token users. Even though the platform is stuck with high fees, UNI token prices continue to rise. This means that UNI token users are still continuing, and the price will reach $50 by the end of this year.
High fees aren't affecting UNI's price on the market, since most traders are whales. They have a lot of money to waste, as they manipulate the market to their own benefit. It's all about "pumping" cryptocurrencies and tokens in order to obtain the most profits within a short amount of time. If the crypto market continues to be bullish, we could see UNI head way past $50 per token.
Considering that Uniswap is the pioneer of AMMs, I'd say that the UNI token is quite undervalued. The platform has the largest liquidity in the crypto/blockchain space, compared to other alternatives with faster speeds and cheaper fees. UNI has first-mover advantage just like Bitcoin. It will always stay in the top no matter what. Imagine how far the token will go after a massive bull market run. If you buy UNI now, you'll reap large rewards in the future. As with any investment, do your own research instead of making your decision based on someone else's opinion. With or without a high price, Uniswap will be here to stay for a long, long time. Just my opinion
