UNIBTC just getting started!?
The market is waking up finally
UNI against USDT has had a strong move recently but its good to keep in mind that this move is just a tiny blip against the BTC pair. I believe UNI will moon v the BTC pair eventually.
This move is nothing in the grand scheme
Uni is still relatively small market cap for its wide spread users and fees generated. This move does only a little to change that undervaluation proposition.
As Crypto Centralised Exchanges come under more pressure there is market share to be won for the Decentralised Exchanges
Before CZ left us he was an avid believer in decentralised exchanges eating market share. This is likely to be true. Currently Uniswap is the clear dominant player and is almost the equivalent to Ethereum's position last time in its space. People are using Uniswap. Fees are being generated. Growth is continuing and will explode in bull market. Uni should see value increase due to the networks value increasing.
UNI against USDT has had a strong move recently but its good to keep in mind that this move is just a tiny blip against the BTC pair. I believe UNI will moon v the BTC pair eventually.
This move is nothing in the grand scheme
Uni is still relatively small market cap for its wide spread users and fees generated. This move does only a little to change that undervaluation proposition.
As Crypto Centralised Exchanges come under more pressure there is market share to be won for the Decentralised Exchanges
Before CZ left us he was an avid believer in decentralised exchanges eating market share. This is likely to be true. Currently Uniswap is the clear dominant player and is almost the equivalent to Ethereum's position last time in its space. People are using Uniswap. Fees are being generated. Growth is continuing and will explode in bull market. Uni should see value increase due to the networks value increasing.
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