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DEX

Don't buy 1INCH if you hate moneyThis baby is a sleeping beast. Coin was funded by Spark capital, a venture capital responsible for early stage funding of numerous successful startups including Twitter, Tumblr, Oculus, Warby Parker, Cruise, Slack and many others. 1inch exchange embodies some of the best aspects of decentralization. They traded over $15B in total volume since the start in December and more than $6B in Jan 2021 alone. Strong support at $4.9 Short term targets: $6.85 - 7.35 Mid term targets: $15 - $20 Can't understand people who don't have #1INCH in their bag. Why you hate money?
Long
by Quantum_Immortal
6
Uniswap (UNI) $20 Support Forming Road to $27?What a magnificent performance we have been witnessing from Uniswap since the begging of this year. Cheers to everybody that has held to $20! Every hodler, trader, and investor should be excited and thankful for the explosive growth that we have been seeing with Uniswap and within the Decentralized Finance (DeFi) realm overall. Almost every week we have been seeing the DeFi sector increasing Total Value Locked (TVL) by the billions. It is very refreshing and reassuring to see Uniswap hugging the 2.618 Fibbonacci level of $20. Many believed we'd dump right after $20 but that doesn't seem to be that case so far. We've traded through $20 five times starting to form the basis of a $20 support area. As of right now we have a low support of $17.80 and a resistance of $21.56 The next destination for Uniswap will be the 3.618 Fibonacci level putting us at a new all time high target of $27.00 if this momentum continues. So far Uniswap just reached a milestone of 30 Billion dollars in Total Value Locked (TVL) and is nearing 4 Billion dollars worth of liquidity. Uniswap is only about 2.8 Billion dollars away from Binance's 8.6 Billion dollar market capitalization. If we continue this bullish momentum througt 2021 there's doubt in my mind that Uniswap will eventually be the biggest cryptocurrency exchange overtaking Binance. Uniswap is truly a game changer and as always I'm keeping a nice bag of UNI for the long term. Much Peace and Love! Cheers!
COINBASE:UNIUSDLong
by peacefuljustin
6
Uniswap (UNI) to $20? In Price Discovery Phase Good morning everybody! Congratulations to all the Uniswap Hodlers and Investors. We've sailed through our previous all time high of $8.70 and now it's forming to be a solid zone for support. Resistance becomes support, that's always a good sign. As of now Uniswap is in price discovery phase so I heavily caution people taking positions at these levels. I'm just not the kind of person that buys at the top especially at new all time highs. Uniswap has a lot of steam but please always bare in mind that it is overbought and past 70 on the Relative Strength Index (RSI). But that's just my personal preference. I'm calling for a $20.00 Uniswap by March if we continue to grow at this pace. Another 100% increase from $10.00 will put Uniswap at $20.00 which is not a farfetched price target at all. This will put Uniswap at a total market capitalization of $6,000,000,000 doubling from where it is currently. These are reasonable goals considering what Uniswap is. Uniswap is a Decentralized Exchange (DEX) meant to easily trade coins and create liquidity without any human involvement or corporate hierarchy. Meaning you will never need to divulge your personal information or identity to start using the platform. This is extremely powerful and attractive to many investors and traders alike. With this being said it is already a function product and platform being heavily utilized every second. Decentralzied Finance (DeFi) is the future and as DeFi grows so will Uniswap. Uniswap is becoming the Binance equivalent of the DeFi ecosystem and is the current leader of Decentralized Exchanges (DEX's). It is already listed on Coinbase as well. I see Uniswap continuing to perform extremely well in the months to come. Cheers! Much Love and Peace!
COINBASE:UNIUSDLong
by peacefuljustin
6
Long UNI next week and beyond Last year, Uniswap proved that DeFi is the real deal, not just a nice theory. The decentralized exchange now has liquidity in excess of $3 billion and this Monday the daily volume broke $1 billion. While Uniswap is still miles away from centralized exchanges in terms of the number of users and daily volumes, we think they’ve made enormous progress and have great momentum. CND token holders are also interested to know more about UNI, the exchange’s token. So we’ve asked the following question on the Cindicator platform: “The cryptocurrency Uniswap (UNI/BTC) settled at 0.00018744 BTC at 10:32 AM UTC at the binance exchange on Friday, January 15. In your opinion, will UNI/BTC trade above 0.00021556 BTC (+15.0%) at any time before January 24?” ------------------------------------- Assurance: 71% This suggests that Hybrid Intelligence is bullish on UNI, expecting it to outperform Bitcoin. We’ve also asked Hybrid Intelligence directly about long-term prospects of UNI vs BNB, which could be viewed as a proxy for centralised exchanges: “Will Uniswap token UNI exceed Binance BNB token in terms of market capitalization at any time in 2021? (results according to coinmarketcap.com)” ------------------------------------- Assurance: 63% This means Hybrid Intelligence sees a high probability of UNI’s market cap (now it’s $1.9 billion) exceeding that of BNB’s (currently $5.8 billion) this year. From the current level, this implies 3x gains so this offers a decent risk-reward profile even beyond next week. And if you want to automate your crypto trading — check out Stoic, the link is below.
Long
by Cindicator
3
SRM - Serum Feb 2021 OutlookSerum is the world’s first completely decentralized derivatives exchange with trustless cross-chain trading. As Serum approaches 600m in lifetime volume, we’re consistently seeing $15m+ trading days, as such buy and burns are increasing in size. As of Jan 12 2021 As the markets get more volatile, we’ve seen larger orders executing on Serum DEX. $450000 of BTC $525000 of BTC $237000 of ETH *** 100M users from $MAPS will add huge value into $SRM and $SOL Serum is not only a DEX, it is an on-chain financial infrastructure built on Solana. Don't be surprised if you see $SRM and $SOL in the top 20.
FTX:SRMUSDLong
by Vincent68
1
Uniswap Gearing Up New All Time Highs (Biggest DEX in DeFi Now)We called Uniswap at $4.50 on December 31st 2020 and now it's currently trading at $7.70 still boiling up. I've been adding to my Uniswap Bag. As of now Uniswap is right on the cusp of re-testing and surpassing it's all time highs at around $8.70. Uniswap now has over 3 Billion in liquidity locked in the decentralized exchange (DEX) and is swiftly rising. It now sits as the biggest decentralized exchange in the DeFi ecosystem surpassing Compound Finance and Sushiswap according to coingecko.com I'm extremely bullish on Uniswap as I see it as being the Binance of decentralized exchanges this year. Nothing but adoption and utility are surrounding this project. It is becoming clear that Uniswap is becoming a juggernaut in the Defi ecosystem for liquidity and still has much more room to grow this bull cycle. Fundamentally and technically it's looking positive for Uniswap. We blasted though the 0.786 ($7.20) on the Fibonacci levels and now we're looking to test all time highs at 1.0 on the Fibonacci levels putting us at ($8.70) for our finally target before a new price discovery phase. Decentralized Finance (DeFi) is going to explode in 2021 and there's no doubt that Uniswap will play a critical role. I have Uniswap inevitably being over $10.00 by early Feburary or even sooner at this pace. Current Support Levels: $6.00 Resistance: $8.70 Cheers! Happy Trading and Investing! Have a wonderful and positive weekend.
COINBASE:UNIUSDLong
by peacefuljustin
3
Uni 1D Global thoughtsIn recent days, Uni's growth has been amazing, surpassing our expectations from the previous idea. Now, the Uni price is reaching the liquid zone $4.35-4.50. The Uni price fixing above this zone will open the way to the next level $5.50. If sellers become active, then the first significant stop of the fall should be expected no earlier than $2.70. ______________________________ Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
1
UNI 12h. What does it take to grow to $3.65?The previous UNI idea achieved its target. It's time to continue the series of predictions. Now the UNI price is stuck in the no gravity zone and is waiting for an impulse that will guide it to the right direction. The most correct thing is to wait for this impulse and then join the strong ones. If the price can fix above $2.55 , then will open the way up to $3.36-3.65 . But at the moment, there is a significant weakening of interest in UNI purchase , if this trend continues and the price fixes below $2.12 , then the fall into the zone $1.35-1.40 may begin. It is also interesting that both growth and fall can reach their targets in 7-8 November , although forecasting in the time frame is in most cases thankless task. ______________________________ Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
2
Why Uniswap Is So undervalued ? King of DEXs?Last year, the world’s three largest stock exchange operators grossed $7.3 billion in profit. Combined, these companies have a global market value of $92.4 billion. They are money machines. All they do is sit in the middle and match buyers and sellers. Now, they do it very efficiently. And they do it very quickly. That’s why they make so much money. When seconds can mean the difference between making thousands on a trade or millions, traders are willing to put up with their fees. For crypto, Uniswap saves users time and money. You don’t need to send your tokens to an exchange, wait an hour, trade, and then send the crypto back to your wallet. It can all be done almost instantly through Uniswap’s wallet and on-chain. In return, it collects a smaller fee than the big exchanges today. We see Uniswap as the hands-down king of DEXs. And as it takes its place at the top, UNI holders will benefit through a potential 0.05% fee change in the coming months. To gauge what UNI is worth, let’s assume the fee gets implemented – which we believe will happen in the coming months. Since September 1, Uniswap has averaged $386.7 million in volume per day. If it were to merely maintain its market share – based on UNI holders earning 0.05% in fees on this volume – over the course of a year token holders can pull in just north of $70.5 million. By January 2021, UNI’s total circulating supply is expected to be nearly 240 million tokens. This would work out to be just over 29 cents per year per token in earnings. Now, to get a starting point for what the market pays for these earnings, let’s look at three publicly traded exchanges and their price-to-earnings (P/E) ratio. CME Group: 25.65 InterContinental Exchange: 26.65 Nasdaq: 26.45 Average: 26.25 So investors are willing to pay an average of $26.25 for every $1 in earnings. Using an average P/E ratio of 26.25 would give UNI a price of about $7.73. At the time of this publishing, UNI was trading around $3.0078 So it’s already trading at a more than a 59% discount compared to traditional exchanges. The same way Amazon owned e-commerce by making it easy for people to buy online, Uniswap is in a position to dominate the trading of ALL assets, not just crypto because it’s made it easier and far cheaper to use than traditional exchanges. And because of the design of the blockchain, it can do this with just a handful of people. Think about that: Uniswap is dominating all crypto trading with just 10 people. The top three exchanges – Binance, Kraken, and Coinbase – have a total of 2,469 people on their teams. It took Uniswap less than two years... only $11 million dollars... and only 10 employees to reach the same trading level it took Coinbase 5.5 years, 1,200 employees, and $500 million in capital to reach. I need you to understand how disruptive that is. If I were a Coinbase, Binance, or Kraken shareholder... I’d be very worried right now. As a cheaper, faster, and easier option, Uniswap is going to eat their lunch.
BINANCE:UNIUSDLong
by ShinForex1
4