by Rushali 
The world of cryptocurrency is constantly evolving and making ways for innovation. And that’s one of the reasons for the growing popularity of cryptocurrencies. Among all cryptocurrencies, bitcoin is the one that always remains in the limelight. And after that ethereum is the one but there are many other cryptocurrencies that have better features than these two.
After the launch of bitcoin and ethereum, scientists have developed many other cryptocurrencies that are based on them and have many added advantages. But the main issue is that only bitcoin and ethereum are known by everybody. These cryptocurrencies are not so famous and that’s why they are not growing as well. Despite having better features and advantages than conventional cryptocurrencies they don’t have the limelight.
So, today I will guide you through all the details about one of those cryptocurrencies whose name is Uniswap through this article.
Introduction
Uniswap operated on a decentralized peer-to-peer exchange automated market marker. It is linked to Ethereum which enables two smart contracts. The most unique feature of Uniswap is that it provides liquidity directly from liquidity providers. This feature automatically removes all the hurdles in the way of token mining. Uniswap removes all the intermediaries or middlemen and ensures full transparency. Uniswap is a decentralized protocol for automated liquidity provision on ETH. And during this pandemic, it has launched its own token UNI, which has shocked the whole crypto world. On September 17, 2020, UNI was launched and all the Uniswap holders have become billionaires. Uniswap motive is to make convenience the life of the users worldwide.
Now, let’s see what are the future prediction for Uniswap.
Also Read : Binance coin price prediction
Future prediction
The Uniswap is trading at $34.32 and it is expected that with the growing popularity of the crypto world the price of UNI will also rise in the future. Experts believe that the price of UNI can reach $60-$70 by the next 5 years.
- Price prediction for the year 2021
As the year has shown a bull run for all the cryptocurrencies. So, we can predict that the rice of UNI will also reach $60 by the end of the year.
- Price prediction for the year 2022
The bull run of the year 2021 will continue till the year 2022 and the price of UNI will trade between $60-$65.
- Price prediction for the year 2023-2025
With a little bit of correction in these years, but the sentiment will remain pessimistic for the whole crypto world as well as UNI. The price will trade between $60-$80. And these three years would mark the golden era for this cryptocurrency.
At last, we can say that there are great hopes with the crypto community and for UNI as it is an ideal tool for developers and engineers generating more such decentralized applications.
Note – All these predictions are from a personal point of view. A difference of opinion is bound to happen. This article doesn’t guarantee any price movement. We don’t take any responsibility for any kind of profit or loss and don’t give any kind of investment tips. Invest at your own risk.
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