Uniswap Price Prediction: Is UNI Coin a Good Investment?

June 20, 2024

Price Prediction

Sean Korbett

Uniswap is one of the most well-known decentralized finance protocols that uses a variety of cryptocurrency assets, including its own UNI coin, to offer a service that is almost exactly like a traditional exchange, but with all the advantages of decentralization. Uniswap has already made a name for itself within the crypto industry and is proudly sitting at number 17 in the CoinMarketCap ranking. Is the project going to prove to be a worthy investment? Discover the long-term Uniswap price prediction in StealthEX’s latest article.

Uniswap (UNI) Overview

Uniswap is a decentralized trading platform based on Ethereum. Uniswap’s protocol contracts enable users to trade without middlemen, resulting in a high level of decentralization and censorship resistance.

Uniswap operates on two smart contracts: an Exchange contract and a Factory contract. These are automated computer programs that are programmed to conduct specific tasks when certain criteria are met. In this case, the factory smart contract is used to add new tokens to the platform, while the exchange contract handles all token swaps or trades. Any ERC20-based token can be swapped with another using the improved Uniswap v.2 platform.

Uniswap overcomes the liquidity problem of centralized exchanges with an automated liquidity protocol. This operates by rewarding people who trade on the exchange to become liquidity providers (LPs). Uniswap participants pool their money to form a fund, which is used to perform all trades made on the platform. Each coin listed has its own pool to which users can contribute, and the prices are determined by a computer-run math process.

Uniswap was first released in 2018 by founder Hayden Adams. In 2020, Uniswap v2 launched, enabling direct swaps between essentially any ERC-20 token on Ethereum. Uniswap’s September 2020 UNI token launch included an airdrop of 400 UNI tokens to any ETH address that had completed a transaction on the network before September 1st of that year.

Uniswap Features

Uniswap offers several features within the crypto space:

1. Governance. UNI token holders are empowered to govern the Uniswap platform, with voting power distributed in proportion to users’ UNI balances.
2. Efficiency. Smart contracts enable asset trading that may be cheaper and more efficient.
3. Concentrated liquidity. Concentrated liquidity allows liquidity providers to determine what price range their capital is allocated to. These will be aggregated into a single pool and form a combined curve for traders to trade against. From that, the multiple fee tiers compensate liquidity providers in accordance with the risk they take.
4. Various fee tiers. The multiple fee tiers compensate liquidity providers in accordance to the risk they take.

Uniswap (UNI) Price Chart

CoinMarketCap, 20 June 2024

Uniswap Price History Highlights 

• 2020: UNI started trading on the open market in 2020. After its launch, the token quickly increased in value to over $7 before correcting to below $5 for a while. The coin’s all-time low was recorded on September 17, 2020: $0.419.
• 2021: In 2021, UNI’s value soared to an unprecedented peak, surpassing $44.97. Throughout the remainder of the year, UNI’s price continuously decreased, mirroring the unsuccessful price performance of the wider DeFi ecosystem during the 2021 bull run.
• 2022: It was in the beginning of 2022, when UNI took another hit, correcting even further. In June 2022, its price continuously fell to almost $4. Since then, the token’s price has slightly recovered. By mid-October 2022, UNI was trading around $6.
• 2023: During December 2023, Uniswap price increased by +21.30%, starting at $5.96 and closing the month at $7.23.
• 2024: The recent crypto market spike has seen UNI reach $14.91 in March of 1024. Since then its price has dropped and at the moment hovers around $10.

Uniswap Price Prediction

UNI Price Prediction 2024

DigitalCoinPrice experts expect that in 2024 UNI coin’s price might go as high as $22.04 (+120%), while at its lowest point it can drop to $8.96 (-10%).

PricePrediction analysts think that in 2024, Uniswap coin’s minimum price will hit $13.88 (+38%), while at its maximum UNI will rise to $15.77 (+57%).

Telegaon crypto experts anticipate that the minimum lowest price UNI can go down to is $9.81 (-1%) vs its maximum price of $13.98 (+39%).

Uniswap Price Prediction 2025

Based on the predictions of experts at DigitalCoinPrice, in 2025, UNI might reach $26.08 (+160%) per coin at its highest point. Its lowest price might drop to $21.54 (+115%).

According to PricePrediction, in 2025 UNI crypto can hit $24.42 (+144%) at its maximum while it can drop to $21.06 (+110%) at its lowest point.

Telegaon analysts believe that in 2025 UNI coin is going to drop to its lowest point of $14.16 (+41%), while at its highest point it can rise to $23.83 (+138%).

Uniswap Price Prediction 2030

DigitalCoinPrice analysts think that by 2030, UNI coin will rise even higher: its maximum price level is set at $75.14 (+651%), while at its low it can drop to $67.72 (+577%).

According to PricePrediction, by 2030 UNI coin can hit $115.39 (+1,053%) at its lowest point, while at its highest point it’s going to rise to $139.68 (+1,296%).

Telegaon experts are also bullish on Uniswap: according to them, in 2030 UNI has the potential to reach a maximum price of $85.06 (+750%) per coin, while at its bottom it can hit $71.06 (+610%).

Uniswap Price Prediction 2040

PricePrediction believes that by 2040, UNI crypto is going to reach staggering price levels: $6,671 (+66,610%) at its low and a whopping $8,089 (+80,790%) per coin at its peak.

Telegaon crypto analysts think that in 2040 Uniswap will cost $201.33 (+1,913%) per coin at its peak. It can also drop in price to a minimum of $178.12 (+1,681%).

UNI Price Prediction: Experts’ Opinions

UniSwap is unquestionably a reliable DEX among crypto investors, and they prefer to invest in UNI currencies due to its market success and strong reputation. Coinbase, a well-known cryptocurrency exchange, owns an equity position in Uniswap’s parent firm Universal Navigation Inc and possesses a sufficient quantity of UNI tokens, as revealed in their UNI token listing blog article. Uniswap is a relatively young participant in the cryptocurrency industry, but it has already made a name for itself.

Moreover, Uniswap continues to develop as a platform. Following a Uniswap governance vote, Uniswap V3 launched on Optimism in July 2021 with six assets. Optimism is an Ethereum layer 2 scaling solution that enables near-instant Uniswap deals and reduces fees by around 90%. It is a significant milestone for Uniswap and Ethereum in their years-long hunt for scaling solutions. 

Uniswap is a well-known platform that many users rely on and use daily. Because of its wide adoption, CoinMarketCap, along with many other experts, thinks that UNI is highly underrated and by 2030, it can reach $650 at its peak. That’s just one of the many positive price predictions for this coin.

UNI USDT Price Technical Analysis

Tradingview, June 20, 2024

Now that we’ve seen possible price predictions for UNI, let’s find out a bit more about the factors that can influence its price.

Factors Affecting Uniswap Price

A lot of factors influence the price of UNI as a cryptocurrency. First and foremost, a surge in supply and demand has the potential to drive this coin’s price to new heights. Furthermore, as the field of DeFi matures and acceptance expands, Uniswap is well-positioned to become more widely used. However, the cryptocurrency market is rapidly changing, and institutional investors may choose another platform.

Bitcoin price movements have an impact on the entire cryptocurrency market, which often tracks them closely. We should expect a growth in DeFi activity as institutional investors become more comfortable interacting with DeFi and the use of cryptocurrencies increases. Because Uniswap is the most extensively used DeFi protocol, this will undoubtedly implicate it and have an impact on the token’s price as well.

When assessing Uniswap as an investment, keep the following considerations in mind:

• Supply and demand;
• Partnerships;
• Market sentiment;
• Economical factors;
• Regulatory changes;
• Utility;
• The overall growth of the DeFi market;
• Improvements to the protocol;
• Wider adoption.

Risks and Opportunities

DEX and cryptocurrencies operate in a variety of jurisdictions and administrative settings. Risks associated with DEX and cryptocurrencies include legal uncertainty, regulatory compliance duties (such as KYC/AML), regulatory scrutiny, token listings and securities legislation, taxation, and market access constraints. All of this should be considered if you’re thinking about Uniswap as a potential investment.

Moreover, Uniswap token prices fluctuate in a short period of time due to a variety of factors such as market demand, supply dynamics, investor mood, and external market events. Hacks are also a common thing that can happen within DeFi, and it’s also important to evaluate the safety of any DeFi platform that you’d like to invest in.

With all of that in mind, the benefits of diversification, a diverse selection of tokens, the ability to ensure liquidity, the absence of account requirements, ongoing availability, and community development all contribute to Uniswap’s growing popularity in the cryptocurrency ecosystem. 

Is Uniswap a Good Investment?

Because of its strong position at the top of the DeFi pyramid, decentralized governance, and track record of releasing game-changing upgrades, Uniswap is an appealing investment for many. With over 5 million active users, Uniswap is one of the largest DEXes in the world.

Can Uniswap Reach 100 Dollars?

It is possible. However, it is likely to happen in the long-term.

Will Uniswap Reach $1000?

Given the current token supply, it looks difficult for Uniswap to reach $1,000. However, the scenario changes if the platform introduces a 90% burn option.

What Is Uniswap Prediction for 2024?

According to DigitalCoinPrice, in 2024 UNI token can go as high as $22.04.

Does Uniswap Have a Good Future?

It might. Uniswap is a popular and user-friendly DeFi platform with millions of users around the world, and the price of its token can rise in the future.

How High Can Uniswap Coin Go?

PricePrediction sets the maximum price level for UNI coins in 2040 to $8,089.

Can You Make Money with Uniswap?

You can earn money on Uniswap by providing liquidity through a pair of assets like ETH and DAI or you can despot your UNI into a liquidity pool.

Conclusion

Uniswap stands out as a reliable DeFi platform with a large number of users, and numerous people are accumulating UNI tokens as regulations become clearer. It is also expected that DeFi will become extensively used. Given that Uniswap and its UNI coin are by far the most popular DEX and DeFi systems, it is unlikely to imagine them failing in the near or long term. Uniswap may become even more widely used in the future as the crypto and DeFi fields expand and grow.

Where to Buy Uniswap?

StealthEX is here to help you buy UNI crypto if you’re looking for a way to invest in this cryptocurrency. You can buy UNI privately and without the need to sign up for the service. StealthEX crypto collection has more than 1500 different coins and you can do wallet-to-wallet transfers instantly and problem-free.

How to Buy UNI Coin: Quick-Step Guide

Just go to StealthEX and follow these easy steps:

• Choose the pair and the amount you want to exchange — for instance, ETH to UNI.
• Press the “Start exchange” button.
• Provide the recipient address to transfer your crypto to.
• Process the transaction.
• Receive your crypto coins.

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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.