Polkadot and Uniswap are both present in the crypto market in 2020. As a relatively new coin in the market, many are asking and thinking whether they will survive in the midst of the great old coins?
In January 2021 Uniswap slowly rose in price from $4.9. While Polkadot also experienced an increase in the same month and year by $5. The market continues to run and they are also holding on to prices not much different (Polkadot $27, Uniswap $29). Their rankings on the coinmarketcap list are also close together (DOT #9, UNI #11).
*source: https://coinmarketcap.com/Let's discusspolkadot and uniswap are indeed new coins that are able to survive and compete with old coins that already exist in the crypto world.
uniswap and polka dots are in the top 20 coins in coinmarketcap.
polkadot has a good cause, Polkadot intends to combine it by building a cryptocurrency network that connects multiple blockchains to function together. The integration could transform the management and impressive growth of cryptocurrencies since the inception of Polkadot in 2020.
Polkadot, a blockchain network that can be defined as a “blockchain of blockchains” or “multichain”, is enjoying an unprecedented price hike by Polkadot investors in 2021. According to crypto exchange Coinbase, their patience is showing its worth, as the digital currency rose more than 70% last month. so is uniswap Uniswap is an Ethereum based token that supports Uniswap, a decentralized crypto exchange.
The Uniswap platform is open source, so anyone can exchange using their own code, which is why it has become so popular.
After launching in 2020, Uniswap prices start at $0.48. As of July 2021, its $16.35 price indicates that its popularity is growing.
so I think these two coins will be able to survive and compete with other coins that have been around for a long time in the crypto world.