UNI - The First Trillion Dollar Crypto?

marks1976

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Quote from: giammangiato on October 06, 2020, 02:59:27 AM

Nobody talk about UNI anymore, like all the DeFi coins it will be forget because it has not a strong project behind and it's 99% only FOMO, fomo for an airdrop and for instant listing on biggest exchanges, like SUSHI and other coins like them

People were talking any coin based on the hype. When such coin is still getting hyped and it will be talked massively and otherwise. This is the rule in the crypto.
Defi will not be forgotten by anyone but from in my opinion if the trend will be changed. People have already started to leave from the defi ecosystem and migrate into the new ecosystem and then they will find a new interesting thing that will become the next big topic. This is about how strong defi can sustain its demand.

drlukacs

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Quote from: Crypto_lion on October 06, 2020, 01:36:53 AM

Come on guys let's keep the expectations low. I know people got 400 UNI and got good amount of money but saying UNI is gonna do 1 trillion is not gonna happen. They will face severe competition from other exchanges .

The problem is not just competition, but UNI's strong growth is due to the blind fomo community. Talking about Uniswap, it is no different from the currently active DEX, just the Defi trend has come at the right time and so they are rich. do not mistake the potential between the potential and the momentary, that will be the most destructive thought.

Silberman

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Quote from: giammangiato on October 06, 2020, 02:59:27 AM

Nobody talk about UNI anymore, like all the DeFi coins it will be forget because it has not a strong project behind and it's 99% only FOMO, fomo for an airdrop and for instant listing on biggest exchanges, like SUSHI and other coins like them

Unfortunately this is the truth for the majority of the coins in the market, this coin is still on the 36 spot in terms of market cap but the question is how long this is going to continue? In fact the title of this thread is enough to get an idea of the kind of people that were looking at this project, there were actually some people that thought we could see UNI reaching 1 trillion in market cap and they thought this coin will be the first one to reach it, but as soon as the hype ended the coin has crashed more than 65% in just a few weeks and it seems this tendency is going to continue during the next months as well.

giammangiato

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Nobody talk about UNI anymore, like all the DeFi coins it will be forget because it has not a strong project behind and it's 99% only FOMO, fomo for an airdrop and for instant listing on biggest exchanges, like SUSHI and other coins like them

Crypto_lion

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Come on guys let's keep the expectations low. I know people got 400 UNI and got good amount of money but saying UNI is gonna do 1 trillion is not gonna happen. They will face severe competition from other exchanges .

uray

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Quote from: piebeyb on September 30, 2020, 11:38:30 PM

I can't give any comments about UNI, but I thank you also for getting 400 UNI for free from some of my active wallets that are used to trade on uniswap, that's cool but I didn't hold it for too long and already sold it some time ago

Good to see that users here was able to get the airdrop and the money you earned how small or big it may be is your profit. I am intrigued by the market and i am looking for new markets and it is a good platform and opportunity for many to make money if you are able to play smart. The yield farming is really attractive and i am waiting to see how this market will do in the long run.

TGD

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Quote from: DarkbLue on October 03, 2020, 05:00:12 AM

Quote

Once the hype is over, don't know the future of UNI. Maybe this is their time but what will happen when most of these DeFi projects exited already? And only few DeFi projects are still standing, what will gonna happen to the Uniswap platform?

There is a saying rapidly horse has feces, drops infrequently. We ve been here long before UNI and more likely we ll be here at the end of UNI, I hope UNI will grow constantly. We need projects like UNI.What follows such succesfull projects are more copied scam projects. Just be cautious.

UNI will surely grow but not the growth everyone expecting because it airdrop most of the supply and the current market cap is already established. UNI is a great project just like ETH which is a first mover on there on respective platform. The success of UNI rely on the success of ETH because it use ethereum blockchain in all the transaction. The current speed of transaction in UNI is very slow and needs a lot of improvement. This improvement will be possible if they use another blockchain or stick with ETH and wait for the release of ETH 2.0

DarkbLue

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Quote

Once the hype is over, don't know the future of UNI. Maybe this is their time but what will happen when most of these DeFi projects exited already? And only few DeFi projects are still standing, what will gonna happen to the Uniswap platform?

There is a saying rapidly horse has feces, drops infrequently. We ve been here long before UNI and more likely we ll be here at the end of UNI, I hope UNI will grow constantly. We need projects like UNI.What follows such succesfull projects are more copied scam projects. Just be cautious.

Oilacris

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Quote from: Teraboy on October 02, 2020, 06:12:39 AM

Quote from: Wawa2013 on October 02, 2020, 03:38:00 AM

If we look at the large number of airdrops distributed by UNI tokens, this proves that UNI token is a big project.
Because not all projects are able to provide large amounts of airdrops for promotional purposes. For this reason
UNI in September got hype and made UNI hit an all time high at $ 8. Even though the current price of UNI tokens
has dropped to the price of $ 4, but I believe that by the end of this year UNI tokens will soon return to the price
of $ 8 again. So now is the perfect time to buy UNI tokens.

The successful of the UNI airdrop totally depends on the popularity that has already achieved by uniswap. In my opinion if any project that has a very big popularity among the crypto users will able to do the same like UNI.

There's a story from the ONT airdrop participants in 2018 if they were getting $3500 for each airdrop participants.
The result will be determined by how good and popular the platform to encourage the hype.

Airdrop is somewhat part of marketing but this time UNI might consider it as a reward for those people whom do trust them into the earliest phase.You cant see airdrops now that would give out a thousand bucks

unlike into those bubble days of 2017 where everything gets hyped and lots of projects or airdrops do really give some serious amounts just for receiving those free tokens but it doesnt mean that it will already

conclude on what the future would look like to UNI. It might really popular up to this point but we wouldnt know if this one would last or not.Time will really tell.!

Teraboy

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Quote from: Wawa2013 on October 02, 2020, 03:38:00 AM

If we look at the large number of airdrops distributed by UNI tokens, this proves that UNI token is a big project.
Because not all projects are able to provide large amounts of airdrops for promotional purposes. For this reason
UNI in September got hype and made UNI hit an all time high at $ 8. Even though the current price of UNI tokens
has dropped to the price of $ 4, but I believe that by the end of this year UNI tokens will soon return to the price
of $ 8 again. So now is the perfect time to buy UNI tokens.

The successful of the UNI airdrop totally depends on the popularity that has already achieved by uniswap. In my opinion if any project that has a very big popularity among the crypto users will able to do the same like UNI.

There's a story from the ONT airdrop participants in 2018 if they were getting $3500 for each airdrop participants.
The result will be determined by how good and popular the platform to encourage the hype.

Wawa2013

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If we look at the large number of airdrops distributed by UNI tokens, this proves that UNI token is a big project.
Because not all projects are able to provide large amounts of airdrops for promotional purposes. For this reason
UNI in September got hype and made UNI hit an all time high at $ 8. Even though the current price of UNI tokens
has dropped to the price of $ 4, but I believe that by the end of this year UNI tokens will soon return to the price
of $ 8 again. So now is the perfect time to buy UNI tokens.

sayulita

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CyberTrade

Quote from: piebeyb on October 02, 2020, 01:04:42 AM

Quote from: Johnyz on October 01, 2020, 03:44:38 PM

Quote from: piebeyb on September 30, 2020, 11:38:30 PM

I can't give any comments about UNI, but I thank you also for getting 400 UNI for free from some of my active wallets that are used to trade on uniswap, that's cool but I didn't hold it for too long and already sold it some time ago

That’s a good strategy since we don’t know what will happen to this project right after its current hype. UNI is good but making its own way to Trillion Dollar will take time just like what Bitcoin is doing right now and this is not an easy goal for every project in cryptomarket. If there’s a bullish market then we might see some coins/tokens rushing into the top spot but since we are down again, this wont happen anytime this year or even next year.

yes because I was just trying to find it safe and changed it to stabilcoin so it would be easier for me to store it and the price wouldn't fall too if I held stabilcoin, I didn't expect to hold it and even though the price is high now, I don't regret it

And what was the price of the UNI token when you sell it?? I bet it wasn't that much as no one would have known then that the coin will be worth so much in the future.
You did what most of the people does with an airdropped token, just sell and reap the profits from it even a dollar matters, even I also did the same with most of the tokens that were airdropped in my wallet, sold most of them whenever I could just make enough money from those coins excluding fess, if the price was too low that even the fees would not be recovered by selling the token then I would let them sit in my wallet till they became profitable to sell.

piebeyb

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Quote from: Johnyz on October 01, 2020, 03:44:38 PM

Quote from: piebeyb on September 30, 2020, 11:38:30 PM

I can't give any comments about UNI, but I thank you also for getting 400 UNI for free from some of my active wallets that are used to trade on uniswap, that's cool but I didn't hold it for too long and already sold it some time ago

That’s a good strategy since we don’t know what will happen to this project right after its current hype. UNI is good but making its own way to Trillion Dollar will take time just like what Bitcoin is doing right now and this is not an easy goal for every project in cryptomarket. If there’s a bullish market then we might see some coins/tokens rushing into the top spot but since we are down again, this wont happen anytime this year or even next year.

yes because I was just trying to find it safe and changed it to stabilcoin so it would be easier for me to store it and the price wouldn't fall too if I held stabilcoin, I didn't expect to hold it and even though the price is high now, I don't regret it

X-ray

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Quote from: shortingbanks on September 26, 2020, 08:19:03 AM

This is going to be a top 10 project without doubt. I am expecting $20 before the end of the year.

is not it too much for UNI? UNI needs more features to make people will try to adopt or buy UNI token massively. The current features already good enough but in fact that if UNI needs more and more feature that can give more benefits for the users. Remember about there 1 billion as the supply and it's not more than 30% that has already distributed in the market.

We will see another drop when more coins will come and UNI needs more big update. I hope uni V3 will give us a very good impression.

Johnyz

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Quote from: piebeyb on September 30, 2020, 11:38:30 PM

I can't give any comments about UNI, but I thank you also for getting 400 UNI for free from some of my active wallets that are used to trade on uniswap, that's cool but I didn't hold it for too long and already sold it some time ago

That’s a good strategy since we don’t know what will happen to this project right after its current hype. UNI is good but making its own way to Trillion Dollar will take time just like what Bitcoin is doing right now and this is not an easy goal for every project in cryptomarket. If there’s a bullish market then we might see some coins/tokens rushing into the top spot but since we are down again, this wont happen anytime this year or even next year.

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Quote from: pilosopotasyo on September 30, 2020, 11:29:50 PM

Quote from: shortingbanks on September 26, 2020, 08:19:03 AM

This is going to be a top 10 project without doubt. I am expecting $20 before the end of the year.

I'm hoping it will be, it's a token with potential and it is just now that investors have noticed this I have not aware of it until I received my airdrop it's all time high was $8 it's still has a lot to give maybe this year it will reach that level, I'm glad to be part of the biggest airdrop this year.

Good for you I guess,,, I never even tried opening an account on any of these swap platforms even though I had high hopes in DEXes from even 2016. The problem for me is always that they end up just being hounded by bots and speculators. Just be careful not to get too tempted with this Defi hype;)

piebeyb

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I can't give any comments about UNI, but I thank you also for getting 400 UNI for free from some of my active wallets that are used to trade on uniswap, that's cool but I didn't hold it for too long and already sold it some time ago

pilosopotasyo

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Quote from: shortingbanks on September 26, 2020, 08:19:03 AM

This is going to be a top 10 project without doubt. I am expecting $20 before the end of the year.

I'm hoping it will be, it's a token with potential and it is just now that investors have noticed this I have not aware of it until I received my airdrop it's all time high was $8 it's still has a lot to give maybe this year it will reach that level, I'm glad to be part of the biggest airdrop this year.

goaldigger

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Quote from: shortingbanks on September 26, 2020, 08:19:03 AM

This is going to be a top 10 project without doubt. I am expecting $20 before the end of the year.

This is possible just like the Chainlink but you should not expect that much even if heard good updates it doesn’t guarantee the big pump. The market changes every minutes and the goal to be on top is not that easy, I do hope to see such good project on the top positions and maybe I can consider this Uniswap as a great platform with a minimal pros.

TimeTeller

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Quote from: MCobian on September 30, 2020, 05:26:32 PM

Quote from: shortingbanks on September 26, 2020, 08:19:03 AM

This is going to be a top 10 project without doubt. I am expecting $20 before the end of the year.

Don't be too confident that the UNI project will become the top 10 crypto, because it's still too early to assess this. It is still difficult to
analyze UNI's price movements, because UNI is a new project in the trading world. Currently, UNI price movements are still experiencing
price corrections. So if investing in UNI is very well done right now, because UNI prices are still cheap. If you do not buy UNI immediately,
it is feared that the price will immediately rise. Then your prediction of expecting the UNI price to reach $ 20 by the end of the year is a little
unrealistic. Since the end of the year is only about 2 months away, while the UNI price is now at $ 4. So it needs a miracle to reach your target.

Increase from $4 to $20 needs something tangible to happen in UNI platform.
They are enjoying their popularity right now because the defi hype is still on.
Once these investors or buyers realized that most of the defi projects in uniswap are crap and worthless, the dump is at hand.
So if we will not see progressive developments from UNI network for the next coming months, be ready for what's to happen.

Topic: UNI - The First Trillion Dollar Crypto? (Read 1005 times)