UNI is the governance token for Uniswap, an Automated Market Market DEX on the Ethereum blockchain. The UNI token allows token holders to participate in the governance of the protocol. Key decisions such as usage of the treasury or future upgrades can be decided through a governance vote.

Moving away from conventional cryptocurrencies, Uniswap operates on a decentralized P2P exchange automated market maker (AMM) to enable the trading of crypto assets. Also, it improves traditional exchanges.

As a decentralized protocol for automated liquidity provision on ETH, Uniswap took the entire crypto space by surprise when during Pandemic Uniswap decided to launch this token UNI on September 17, 2020. This was magic for all those holding Uniswap as they turned millionaires on September 17, 2020.

According to UNI price prediction, Uniswap (UNI) seems to show a bullish trend, which indicates a positive sign to an investor for getting a massive return from Uniswap.Smartereum

Uniswap Price Prediction

According to UNI price prediction 2022, the minimum price would reach to $12 and the maximum price to $15. The average price would be $13.5.

Fluctuating between $14 and $17, according to Uniswap price prediction 2023, the price of Uniswap may show some resistance

In the first half of 2027 it would reach to $25 and in the long term it would reach to $28. This should be a good Uniswap forecast attraction for traders and individual investors to pour in their money into the UNI kitty and we might see a positive price change.

According to Uniswap price prediction, there are great hopes the crypto community holds for UNI and it is surely an ideal tool for developers and engineers to generate more such decentralized applications.

How does Uniswap work? 

Uniswap pioneered the Automated Market Maker model, in which users supply Ethereum tokens to Uniswap “liquidity pools” and algorithms set market prices based on supply and demand.

Some of the potential advantages of decentralized exchanges like Uniswap include:

• Self-governing: Funds are never transferred to any third party or are generally subject to counterparty risk (i.e. trusting your assets with a custodian) because both parties are trading directly from their own wallets.

• Global and permissionless: There is no concept of borders or restrictions on who can trade. Anyone with a smartphone and an internet connection can participate.
• Ease-of-use and pseudonymity: No account signup or personal details are required.

It has a circulating supply of 734,135,451 UNI coins and a max. supply of 1,000,000,000 UNI coins.

If you would like to know where to buy Uniswap at the current rate, the top cryptocurrency exchanges for trading in Uniswap stock are currently Binance, OKX, Huobi, Coinbase, and Bybit.