UNI Takes an 8% Dive—Upgrade Hype Fails to Lift Uniswap’s Token
Uniswap’s much-touted protocol upgrade couldn’t stop UNI from bleeding out—token holders watched gains evaporate as prices slid 8% overnight. Market shrugged off the ’bullish’ tech improvements like a trader ignoring a 2AM FUD tweet.
Here’s the kicker: even DeFi’s golden child isn’t immune to sell-the-news syndrome. The UNI dump proves crypto markets still run on trader whims, not white papers. But hey—at least the gas fees are lower now.