December ETH Price Prediction · Posting Challenge 📈
With rate-cut expectations heating up in December, ETH sentiment turns bullish again.
We’re opening a prediction challenge — Spot the trend · Call the market · Win rewards 💰
Reward 🎁:
From all correct predictions, 5 winners will be randomly selected — 10 USDT each
Deadline 📅: December 11, 12:00 (UTC+8)
How to join ✍️:
Post your ETH price prediction on Gate Square, clearly stating a price range
(e.g. $3,200–$3,400, range must be < $200) and include the hashtag #ETHDecPrediction
Post Examples 👇
Example ①: #ETHDecPrediction Range: $3,150–
🦄 Uniswap ( $UNI ): The Largest Token Burn in DeFi History Is Coming!
Market Capitalization: $3.35B.
#Uniswap is the leader among decentralized exchanges with an annual trading volume of approximately $1.8 trillion. But until recently, UNI had a reputation as a "valueless token" – trading fees went to liquidity providers, not holders.
🟡 But the main news: Uniswap founder Hayden Adams has presented the historic "UNIfication" proposal, which suggests activating the fee switch and introducing a UNI burning mechanism!
What does this mean❔
🗣Immediate burn of 100 million UNI (16% of total supply) – a retroactive burn for years without fee accrual!
🗣A portion of trading fees (0.05% from v2 and one-quarter/one-sixth of LP fees from v3) will be directed toward continuous UNI buybacks and burns.
🗣According to analysts, at current volumes this could amount to up to $500M in annual burns – UNI transforms from a governance token into a deflationary asset with yield!
🗣The proposal received 99.9% support in the preliminary vote (temperature check) – it's just a matter of formal approval!
Trade Guidelines:📈 📉
📈 Consolidation above $5.80 – opens the path to $6.20.
📉 Drop below $5.30 – risk of pullback to $4.80.
Conclusion:
When the largest DEX platform announces burning 16% of tokens and activating fees in favor of holders – the market is "not even close" to pricing this in. A supply shock is inevitable!
📈 Open a trade with $UNI 🔗 Chat • X • HRUMFAMILY