Leading decentralized exchange Uniswap posted a message on social platform X yesterday evening, stating that it is ready to welcome a major event. This announcement has garnered widespread attention from the community, causing the price of UNI to surge by nearly 24%.
Background:
Afraid of being targeted by the SEC? Uniswap delays the “Protocol Fee Rewards for Stakers” vote, resulting in a sharp decline in UNI price.
Yesterday evening, the decentralized exchange leader on Ethereum, Uniswap, posted a tweet on social platform X, stating, “Ready to welcome a super major event,” along with a countdown video.
As soon as the news came out, it sparked discussions within the community, with many speculating about what Uniswap’s “super major event” could be.
Community speculation runs wild.
Many netizens speculate that Uniswap might be announcing the launch on Layer2 solution zkSync, the upcoming release of Uniswap V4, or fee adjustments. However, a community user named hyuk provided an unexpected answer.
At the same time, kyuk provided evidence to support their speculation. Firstly, Uniswap replied to a comment from a netizen under the tweet, stating:
Furthermore, in June of last year, Uniswap collaborated with the US fashion brand KidSuper to launch an NFT, and another netizen named Risitas Capital also added that the domain provided by kyuk has been registered today.
$UNI surged by 23.76% at one point.
Although in the cryptocurrency field, announcing a major event usually refers to positive news such as technological upgrades or collaborations that may affect token prices. Even if this time Uniswap’s announced major event is indeed a collaboration with a fashion brand, the UNI price has already been motivated, surging to $11.82 at one point, with an increase of up to 23.76%.
It fell to $11.37 before the deadline, experiencing a 19% increase in the past 24 hours. However, it should be noted that if the announced news does not receive favor from users, the price may experience significant fluctuations. Please be cautious.
UNI Price
Related Reports
Major news! Uniswap receives “SEC Wells Notice” and faces lawsuit, causing a 15% decline in UNI. What’s going on?
Uniswap users must prepare for airdrop: Aperture Finance is about to launch its token, teaching you how to participate in a simple referral activity.
Uniswap introduces candlestick chart feature; V4 is expected to be launched in Q3 this year, with the first phase already completed.