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UNI Takes an 8% Dive—Upgrade Hype Fails to Lift Uniswap’s Token

UNI Takes an 8% Dive—Upgrade Hype Fails to Lift Uniswap’s Token

Author:
Coindesk
Published:
2025-05-30 09:46:13
13
2

Uniswap’s UNI Slides 8% Despite Upgrade Optimism

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.

|Square

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