UNI Jumps Over 12% – Here’s Why Investors Flock To This Token
A few outliers continue to break through the bearish attitudes looming over the crypto horizon of late.
UNI is one of those tokens, with an impressive jump of over 12% in the past 24 hours, investors have flocked to this altcoin in search of a bullish continuation. The first quarter of this year brings a lot to the table for investors.
Just this month, Uniswap reported that its deployment on Arbitrum led to the swap volume on the latter to jump by a significant amount.
The news is also coupled with exciting new info on Uniswap’s latest agenda: the launch of Uniswap v4. Arbitrum swap volume has grown more than 4x since this time last year 🔷🤯 pic.twitter.com/w4iEhKGUty — Uniswap Labs 🦄 (@Uniswap) February 16, 2024 Related Reading: VeChain Rules Top 100 Crypto List With 67% Rally Ahead Of Major Announcement What Is Uniswap V4? After news that Ethereum, Uniswap’s L1, will have its Dencun upgrade in this year’s first quarter, Uniswap then announced that their latest iteration of the protocol would be launched sometime in Q3 2024. Now that the launch of Dencun on Mainnet has been scheduled for March 2024, we’re excited to provide an update to the community! 🎉 Uniswap v4’s launch is tentatively set for Q3 2024.
From community-built Hooks (https://t.co/WyaGr1Ti1t), to events, to Twitter Spaces, the…