Uniswap climbs 22% as buyers return, but THIS leve
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Uniswap climbs 22% as buyers return, but THIS level can change UNI’s fate
Uniswap [UNI] staged an aggressive recovery after buyers returned across the market and pushed the token out of a prolonged period of weakness.
Over the last 24 hours, UNI gained 22.41%, while its market capitalization climbed 22.36% to $2.19 billion. Trading activity strengthened even further, with volume surging 110.49% to more than $560 million.
Such a sharp increase suggested that traders had re-entered the market with conviction rather than reacting to a short-lived price fluctuation. The rally also arrived as several major altcoins posted gains, which helped improve sentiment across the broader market.
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