Polkadot and Uniswap are both present in the crypto market in 2020. As a relatively new coin in the market, many are asking and thinking whether they will survive in the midst of the great old coins?
In January 2021 Uniswap slowly rose in price from $4.9. While Polkadot also experienced an increase in the same month and year by $5. The market continues to run and they are also holding on to prices not much different (Polkadot $27, Uniswap $29). Their rankings on the coinmarketcap list are also close together (DOT #9, UNI #11).
*source: https://coinmarketcap.com/Let's discussBasically if we look at Polkadot and Uniswap are two coins running on two different smart contracts. UNI is a coin that uses Ethereum smart contracts, while Polkadot is one that runs on Binance smart contracts.
Over time, the development of crypto is getting faster, so UNI is also added to Polygon, BSC, Heco and Xdai smart contracts. Meanwhile, DOT is only run in two smart contracts, namely BSC and Heco. Maybe in this case the UNI coin is still superior.
On the other hand, UNI coins have less circulation than Polkadot. The circulation of UNI coins is 611 million of the total supply of 1 billion, while the circulation of the DOT coins is 987 of the total supply of 1.1 billion. So in this case the DOT coin is more profitable. This means that the dump rate is lower than UNI.