Will UNI Price Claim The $30 Mark In 2022?

DeFi’s have come into existence with the idea of no intermediaries. The sector is going mainstream in the industry, as investors are now evaluating digital assets based on its TVL in DeFi, amongst other factors. 

Uniswap, a prominent cryptocurrency from this sector, aims to bring greater decentralization. The protocol’s native asset UNI is under the active consideration of marketers. Are you considering investing in UNI but are dubious about its future prospects? Then, look no further as we decode the plausible price predictions of UNI for 2022 and the years to come!

Overview

Cryptocurrency. Uniswap.
Token. UNI.
Price. $18.87. 
Market Cap. $11,838,263,159
Trading Volume. $355,420,368
Circulating Supply. 627,270,917.43 UNI
All-time high. $44.97 On May 5th, 2021.
All-time low. $1.8 April 11th, 2020.

Uniswap (UNI) Price Prediction For 2022

Potential Low Average Price Potential High
$5.32 $6.29 $7.64

  UNI price made it to 2022 with a price tag of $16.80, just as the digital asset started picking up steam. It was pushed to $14.49 by the 8th of January. While the numbers rose to $18.18 over the week, the leg-up was short-lived, as the price fell to $9.60 by the 24th of January. 

After hovering closer to its resistance level at $10.91 until the 19th of February, UNI saw its quarterly low of $7.48 on the 24th of February. Following its move through the turbulent weeks, the altcoin closed its quarterly trade at $12.37

Just like any other cryptocurrency and the broader market, the second quarter has been brutal for the Defi token. After losing out over 71% of profits, since the start of the quarter. The altcoin is presently changing hands at $4.73

Price Prediction Of UNI For Q3

 If it clears the roadblock above the neckline of $5.1, then UNI could explore newer heights in the third quarter. With newer users, adoption, and the integration of new high-potential Defis, the altcoin could brush its potential high of $6.06. While the lack of stimulating catalysts and regular trades could limit the price to $5.08. That said, the bears could pull the price to $24.06.

Uniswap Price Prediction For Q4

  The digital asset might seek further attention from marketers towards the year’s final leg as it provides an easy way to exchange coins. As a result, the annual closing rate of UNI could reach the potential high of $7.64. Regular trades might settle the price at $6.29, but if it fails to sustain the momentum, the price may fall to $5.32.  

Uniswap’s Price Forecast For 2023

 If Uniswap gathers bullish momentum from the heights of the previous year, the price might brush its potential high of $12.34. On the flip side, if the bears outweigh the bulls, the price could plunge to $6.71. That said, with only regular trades without bullish catalysts, the price might settle at $9.361.

Price Prediction Of UNI For 2024

  The year 2024 remains imperative for the crypto industry, as it marks the halving of Bitcoin. The event holds the potential to kick start a bull season. In such a case, the price of the altcoin could escalate to its potential high of $17.92. On the downside, factors like regulatory clampdown could haunt the price down to $10.34. 

Price Trajectory For 2025

 By the end of 2025, Uniswap would be growing its user base, which would seek impetus as the protocol creates liquidity. It might concentrate on newer projects to enhance the protocol to make it more user-friendly. That said, by the end of 2025, UNI could hit its potential high of $26.1

Whilst regular buying and selling pressures could limit the price to $20.07. Contrastingly, the price could plunge to $14.5 if it fails to meet the market expectations.

Year Potential Low Potential High
2023 $6.71 $12.34
2024 $10.34 $17.92
2025 $14.5 $26.1

What Does The Market Say?

Digital Coin Price:

According to Digital Coin Price, Uniswap’s (UNI) price could trade at a maximum price of around $6.61 by the end of 2022. Whilst a reversal in trends could sink the price down to $5.79. A balance in buying and selling pressures could land the price at $6.26. Further, the price may trade at around $7.49 in 2023. That said, by the end of 2025, the price may hit highs at $10.27.

Priceprediction.net: 

 As per the website’s price prediction of Uniswap. By the end of 2022, UNI could trade at an average price of $6.09. And with an accelerated rally, the price may also shoot up to $6.71. However, bearish trends could knock the price down to $5.86. The analyst from the firm expect, UNI’s price to rise to a maximum of $21.75 by the end of 2025. 

Trading Beasts: 

Trading Beasts expects a fairly linear price projection of UNI over the long term. According to the firm’s recent forecast, UNI is expected to close its trade for 2022 with a potential high of $6.956. However, the analysts from Trading Beasts expect 2023 to be a turbulent year, limiting the maximum trade to $7.89. That said, the potential high for 2025 is set at $13.020.

Click here to read our in-depth price prediction of The Sandbox (SAND)!

What Is Uniswap?

Uniswap is a well-known decentralized trading protocol built on the Ethereum blockchain, which aims to facilitate the automated trading of DeFi tokens. The protocol enables users to exchange any ERC20 token, including the native ETH token. Without middlemen, anyone with an Ethereum address can contribute to the exchange’s liquidity and earn from it.

UNI is the native token of the Uniswap protocol and entitles its holders to governance rights. This means that UNI holders can vote on changes to the protocol. The tokens were launched in an airdrop to thousands of users in mid-September 2020.

Fundamental Analysis

Uniswap is a decentralized exchange founded by Hayden Adams in November 2018. The protocol exists in the form of two smart contracts hosted on the Ethereum blockchain and a public, open-source front-end client. It’s a 100% on-chain market maker allowing the swapping of ERC20 tokens, ETH to an ERC20, and vice-versa.

Our UNI Price Prediction

 As per Coinpedia’s formulated Uniswap price prediction. Specific collaborations and partnerships could boost the protocol, thereby propelling the price to $7.5 by the end of 2022. 

On the flip side, the price may drop to $5.24, if UNI fails to concentrate on certain developments. That said, we can look forward to average levels of $6.3 if the digital asset refrains from reacting to market sentiments. 

Historical Market Sentiments

2020

  • Uniswap entered the crypto market on the 17th of September with a trading price of $2.94. 
  • However, the price dramatically surged to $6.96 two days after the launch, as it was listed on several exchanges. 
  • Surprisingly, UNI plunged to $3.98 by mid-September and managed to reach $5.02 by the end of September.
  • UNI traded between $2 and $3 until the end of October. Then, shockingly, UNI dropped to $1.80 by early November due to massive selling pressure. 
  • The price reached its resistance level by mid-November and remained at $3. By the end of 2020, UNI was trading at $4.62.

2021 

  • Uniswap made its way to 2021 with a trading price of 4.97. 
  • UNI hit $34.77 to register a new all-time high on the 7th of March. 
  • However, the price tumbled by almost 50% after the crash on the 19th of May.
  • In August, regaining the price momentum, UNI’s price surged to $30.46 from $14
  • Then, with a slight pullback, the asset traded at around $25 until November. After volatile weeks, the year was closed at $16.23.

To read our price forecast on Avalanche’s AVAX, click here!

FAQs

Q: What Is Uniswap?

A: Uniswap is a decentralized exchange in the form of two smart contracts hosted on the Ethereum blockchain, as well as a public, open-source front-end client.

Q: How does Uniswap Work?

A: Uniswap is an automated liquidity protocol. There is no order book, no centralized party, and no central facilitator of trade.

Q: Can Uniswap be halved?

A: No, Uniswap cannot be halved as it works on the Ethereum blockchain and it can only be mined.

Q: What will the maximum price of UNI be by the end of 2022?

A:  The price of UNI might propel to a maximum of $7.64 by the end of 2022. 

Q: How high will UNI’s price rise by the end of 2025?

A: The price of the altcoin could surge to its potential high of $26.1 by the end of 2025. 

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