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Uniswap is on fire! 🔥 The giant DeFi token has jumped 20% in one day. $10.62, not bad.



It seems that the Uniswap ecosystem is in vogue. The TVL has skyrocketed to $5.75 billion. People trust it, huh?

Derivatives are also in celebration. Open Interest is up 23%. The volume has gone crazy: 75% more. Traders smell something.

Technically, UNI looks good. Golden Cross, positive MACD. However, the RSI is through the roof. There could be a drop.

If it holds at $10, who knows. It keeps going up anyway. DeFi looks good, right? 🌕

Note, this is not an exact science. Things can change in the blink of an eye in this world.
UNI-2.63%
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