Uniswap rose to the top 10 cryptocurrencies in the market with a sharp rise in price

Uniswap

Uniswap rose to the top 10 cryptocurrencies in the market with a sharp rise in price

Uniswap rose to the top 10 cryptocurrencies in the market : Uniswap, breaking its historical peak, has reached the top 10 cryptocurrencies on the market and is one step ahead of Ripple. This cryptocurrency is the first Decentralized finance currency to be included in this list.

According to YouTube, UNI, the cryptocurrency native to the decentralized exchange Uniswap, becomes the first active token in Decentralized finance (DeFi) to be included in the list of top 10 cryptocurrencies in terms of market value. The price of ion swaps has risen more than 52% in less than a week.

With ion swap market value exceeding $ 16.6 billion, this cryptocurrency is now significantly higher than LightCoin. The current market value of LightCoin is $ 12.5 billion.

The market value of this Defi token is several billion dollars away from XRP, Ripple’s cryptocurrency. The growth of XRP has been stalled for some time due to legal issues with the US Securities and Exchange Commission (SEC).

Market-cap-3-8-2021
Market-cap-3-8-2021

Uniswap joins the top 10 currencies in the market, breaking the previous high reached on February 21 by reaching the price of $ 33.

According to CoinGecko, Uniswap is currently the largest decentralized exchange. The Pancake Swap exchange, which uses the Smart China Bainance network, is also close to it and in second place.

The performance of this exchange is expected to improve in the third version of Uniswap. Not much has been released about the new version yet, but it is generally expected that the Ethereum network’s cost overruns will be addressed using the second tier scaling method.

Uniswap rose to the top 10 digital currencies in the market with a sharp rise in price

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