Uniswap

Coin

<ul class="news-points"> 
 <li>Since the Curve pool was breached, Uniswap’s DEX volume increased.</li> 
 <li>UNI could rise above $6.50 if the buying momentum continues to increase.</li> 
 <li>Selling pressure continues to dominate on the CRV/USD chart, leaving the token at risk of further decline.</li> 
</ul> 
The Decentralized Exchange (DEX) landscape has been witnessing intense challenges and recent market developments have brought Curve Finance (CRV) into the spotlight. As one of the leading DEX platforms, Curve Finance gained traction, but for the wrong reasons after its liquidity pool <a href="https://coinedition.com/curve-finance-losses-47-million-in-hack-crv-declines-by-13/" rel="noopener noreferrer nofollow">suffered an exploit</a>. 
Following the unfortunate incident, the CRV price tanked by 10.24% in the last 24 hours. But as it stands, the problems of Curve could give rise to an extended dominance for Uniswap (UNI) since it was a strong competitor of Curve. 
<h2 class="wp-block-heading" id="h-uniswap-enlarges-its-coast"><a></a>Uniswap Enlarges Its Coast</h2> 
With respect to the UNI token, CoinMarketCap showed that it hovered around $6.44. But when it comes to its fundamentals, Dune Analytics, showed that the 24-hour DEX volume was $20.7 billion. 
However, out of the entire volume, Uniswap accounted for 52.1% share. The share of Curve Finance was 11.2% valued at $257.77 million. The difference in volume showe… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/could-uniswap-uni-take-advantage-of-curve-finances-crv-fall/">Could Uniswap (UNI) Take Advantage of Curve Finance’s (CRV) Fall?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Could Uniswap (UNI) Take Advantage of Curve Finance’s (CRV) Fall?

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