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BTC $43459.62 (-0.6%)
ETH $3075.07 (1.29%)
USDT $1.00 (0.00%)
BCH $549.63 (0.52%)
BSV $151.36 (3.46%)
LTC $161.11 (2.44%)
BNB $375.45 (2.31%)
ADA $2.16 (5.51%)
DOGE $0.21 (3.47%)

UNI Records New ATH Just Days Before V3 Upgrade

Uniswap-sets-new-ATH-ahead-of-V3-launch-on-May-5
  • Uniswap (UNI) recorded an ATH amounting to $41.95.
  • Crypto community awaits Uniswap V3 upgrade on May 5.

Uniswap (UNI) has once again caught the attention of the crypto world as it creates another all-time-high (ATH). Specifically, UNI smashes an ATH amounting to $41.95, a bullish price record-breaker ahead of its V3 upgrade on May 5. Truly, this is an achievement that captures the interest of global investors.

Meanwhile, as UNI flies towards the moon with its ATH price, the crypto community can’t stop talking about the Uniswap V3. Specifically, this network upgrade will introduce two primary features: concentrated liquidity and multiple fee tiers. With this upgrade, the UNI developers aim to make Uniswap a flexible and efficient crypto network.

The team behind UNI explained:

In Uniswap v3, LP’s can concentrate their capital within custom price ranges, providing greater amounts of liquidity at desired prices. In doing so, LPs construct individualized price curves that reflect their own preferences.

The team added that the Uniswap V3 upgrade would enable liquidity providers (LPs) to have greater control over the price on their portion at any given pool. Indeed, this news makes the UNI swap community, especially the LP’s, jump with joy.

Moreover, Uniswap is just one of the many decentralized exchanges that support new digital assets in the crypto market. Truly, these exchanges are really a big help to all the traders who want to invest in new cryptos. However, due to the congestion of the ETH network, GAS fees continue to surge, which is not good news. In this coming Uniswap V3 upgrade, let us hope that these problems will be resolved.

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A dedicated market analyst focused on the highs and lows of the cryptocurrency market. With a background in Business Administration, he tries to unfold his financial perspective to global readers.