As of now, the price of a UNI token hovers around $27 - $34. If a new version is released, the token might skyrocket in price at a very fast pace. My prediction is that UNI will be worth $50 - $60 in a year from now. Traders are still using the current version of Uniswap even with high fees and slow transaction processing times in play. Imagine once it scales towards "infinity and beyond". Mainstream adoption will soar like crazy! What is your price prediction for Uniswap Token?
What people are forgetting is that Uniswap could still go up because it is tied to ETH and that means anything happens in ETH means it helps uniswap. We obviously do not know the market, it is not like it is looking great right now but if the price of all cryptos go up, obviously Uni token will go up as well but it has 2 layers that would help it a lot.
First all on this July the cost of erc20 gas fee will drop significantly, it already dropped a lot but there is a long way to, secondly eth 2.0 will happen in a year or so, that means it would be a big help as well. These two things will increase ETH more than what market is doing, but at the end of the day if a crash like 2018 happens then no coin/token will be safe, so uni will go down as well. Which means if the market is safe, price of UNI will go up more than other coins in a year, if the market is bad then it will go down like all the others.