What is the Chinese name for uni currency (What’s happening with uni currency now)

The Chinese name for uni currency is what? Uni currency is a type of cryptocurrency issued on the Ethereum network and represents a decentralized exchange protocol in English. Its token can be circulated as a medium of exchange based on the ERC-20 standard. UNI holders can deposit their funds on the Uniswap platform and earn profits.

UNI currency supports various DeFi applications by providing liquidity, collateral, and governance functions. Uniswap is an automated market maker built on the Ethereum blockchain. (CryptoPotato)

What’s happening with uni currency now

According to Bitcoin reports, the price of UNI currency has been in a downward trend in recent days.

In the past two days, the UNI price dropped to a low point of around $0.01 and then quickly rebounded, reaching a high of $0.047, and then started oscillating downward… As of the time of writing, the uni price is about $0.008, with a 24-hour increase of 107%, ranking fourth in market value; UNI once surpassed ETH to become the second-largest cryptocurrency.

According to official data, UNI has broken through $0.1, reaching a new high since May 27th, 2021. However, looking at the historical trend of UNI, its recent price volatility is not high. (Screenshot from Uniswap official website)

According to public information, as of early November, the price of UNI currency has exceeded $10,000 but has yet to achieve its 100% target. Since its launch in late December last year, the UNI price was only slightly below $0.3 at the end of 2020, but now it has risen above $0.25.