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Former Bloomberg Analyst: Uniswap Continues to Reprice Under the Support of Fee Conversion Proposal

Former Bloomberg Analyst: Uniswap Continues to Reprice Under the Support of Fee Conversion Proposal

2024/03/08 00:33

Bitget market data shows that UNI has fallen back to $15 today, with a 24-hour drop of 2.53%. Former Bloomberg analyst Jamie Coutts CMT stated on platform X that Uniswap continues to reprice under the support of the fee conversion proposal. The chart relative to BTC has formed higher highs, confirming double momentum. UNI is one of the few open protocols that has found product-market fit, generating positive cash flow and potentially providing returns for token holders. The DeFi industry was once lagging but now it's one of the best-performing industries.

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