Uniswap Price Prediction
(UNIUSD)$9.39$9.22 (5.79%)Market Stats and Forecasts
Uniswap Description
UNI crypto, known as Uniswap, is a heavyweight in the decentralized exchange (DEX). Launched in November 2018, it gained significant traction in 2020 alongside the rise of DeFi (decentralized finance). Unlike traditional exchanges that rely on order books, Uniswap uses an automated liquidity protocol (AMM) system. Think of AMM as a giant pool of tokens where users can swap tokens directly without needing a middleman. This fosters an open and permissionless trading environment. UNI itself is the governance token of the Uniswap protocol. It's an ERC-20 token, meaning it runs on the Ethereum blockchain.
Holding UNI grants voting rights on proposals that influence the future of Uniswap. These proposals could be about how the Uniswap treasury is used or potential upgrades to the protocol. The total supply of UNI tokens is around 1 billion, and the circulating supply is around 750 million. The rest of the tokens are distributed among investors and Uniswap team members. The best part of UNI is its built-in 2% inflation rate. As of today, June 14, 2024, UNI sits at around rank #19 in terms of market capitalization, according to CoinGecko. This has a significant influence on the DeFi space.
The crypto market is changing frequently. UNI has a strong presence in the market. It frequently informs its investors about the price fluctuations. Users can contribute their crypto holdings to Uniswap's liquidity pools. They can earn passive income from trading fees. The future of UNI depends on the development of the Uniswap protocol. .
Forecast Based on AI Model
Drawing insights from our analysis that integrates historical price movements of Uniswap, Our analysis, guided by the machine learning experts, yields forecasts for Uniswap price trajectory up to 2024. With a comprehensive understanding of Uniswap historical price movements and utilizing advanced algorithms, our team has derived predictions with a mean absolute error (MAE) value of 2 and an error value of 0.43%.
For the year 2024, our analysis indicates a projected yearly low of $7.39, with the high anticipated to reach $11.62. These forecasts are the outcome of a comprehensive approach designed to provide investors with reliable insights for strategic decision-making.
Prediction Table based on AI Model
| Date | Low | Average | High | ROI |
| 2024-07-01 | 10.17 | 10.38 | 10.69 | 4.45 |
| 2024-07-02 | 10.29 | 10.51 | 10.82 | 6.75 |
| 2024-07-03 | 10.18 | 10.39 | 10.6 | 5.57 |
| 2024-07-04 | 10.07 | 10.39 | 10.79 | 4.41 |
| 2024-07-05 | 10.18 | 10.39 | 10.71 | 6.71 |
| 2024-07-06 | 10.18 | 10.62 | 11.03 | 6.71 |
| 2024-07-07 | 10.51 | 10.73 | 10.94 | 7.88 |
| 2024-07-08 | 10.74 | 10.96 | 11.18 | 10.25 |
| 2024-07-09 | 10.74 | 11.08 | 11.4 | 10.25 |
| 2024-07-10 | 10.86 | 11.09 | 11.42 | 12.68 |
| 2024-07-11 | 10.74 | 11.09 | 11.52 | 11.44 |
| 2024-07-12 | 10.98 | 11.33 | 11.77 | 13.89 |
| 2024-07-13 | 11.22 | 11.58 | 11.9 | 15.15 |
| 2024-07-14 | 10.87 | 11.22 | 11.55 | 13.88 |
| 2024-07-15 | 11.34 | 11.58 | 11.8 | 16.38 |
| 2024-07-16 | 11.59 | 11.96 | 12.3 | 18.94 |
| 2024-07-17 | 11.72 | 12.09 | 12.45 | 21.56 |
| 2024-07-18 | 11.86 | 12.24 | 12.72 | 24.24 |
| 2024-07-19 | 12.24 | 12.63 | 13 | 26.97 |
| 2024-07-20 | 12.37 | 12.5 | 12.75 | 26.97 |
| 2024-07-21 | 12.25 | 12.78 | 13.27 | 28.37 |
| 2024-07-22 | 12.11 | 12.63 | 13.12 | 26.95 |
| 2024-07-23 | 12.38 | 12.77 | 13.14 | 28.35 |
| 2024-07-24 | 12.38 | 12.64 | 12.89 | 28.35 |
| 2024-07-25 | 12.25 | 12.64 | 13.14 | 28.35 |
Uniswap Price Prediction 2025
According to our analysis conducted via our Machine Learning Model,Uniswap is forecasted to achieve its peak value in 2025 at approximately $16.51, while potentially dipping to a low of $9.14. The average trading value during this period is projected to hover around $14.73.Uniswap Price Prediction 2026
In 2026, Uniswap is anticipated to potentially reach its peak value of $23.96, with a possible lower value of $12.86. The average trading value for this period is estimated to be approximately $21.06.Uniswap Price Prediction 2027
As we look ahead to 2027, the trajectory of the Uniswap coin may offer investors unexpected turns. Projections suggest peaks hitting $35.66 and lows stabilizing around $18.08, with an average trading value resting near $32.05.Uniswap Price Prediction 2028
In the upcoming year of 2028, investors may witness noteworthy fluctuations in the value of the Uniswap coin. Projections point towards a maximum value of $56.11, a minimum of $28.17, and an average value of approximately $50.86.Uniswap Price Prediction 2029
Our market analysis indicates optimistic prospects for the Uniswap crypto in 2029, with projected peaks at $85.49 and floors at $44.13. Moreover, the average trading value of this coin is anticipated to hover around $77.94.Uniswap Price Prediction 2030
In 2030, our crypto analyst team and Machine Learning experts envision a varied outlook for the Uniswap token. Projections indicate highs near $120.69, potential lows around $64.21, with an average value of about $105.68.Following the presentation of our forecast table, we provide users with convenient procedure links, offering insight into the comprehensive steps taken to derive our predictions. These resources afford transparency into our analytical process, detailing methodologies, data sources, and algorithms used to formulate forecasts, empowering users to grasp the intricacies behind our predictions.
Forecast Based on Technical Analysis
Bitcoin's 50-Day, 200-Day Simple Moving Averages and 14-Day Relative Strength Index - RSI (14)
Both the 200-day and 50-day Simple Moving Averages (SMA) are forecasted to rise, with the former expected to reach $9.52 by the Jul 01, 2024. The Relative Strength Index (RSI) stands at 0.8295, indicating a Neutral market stance. Overall, while the long-term forecast is Buy.
About uni
Uniswap Price Prediction FAQ
Kshitez Pratap Singh
Kshitez Pratap Singh possesses deep expertise in data analytics and machine learning. He excels at deriving actionable insights from complex datasets. Kshitez combines his analytical skills and machine learning knowledge to develop models that support data-driven decision-making, helping businesses and investors navigate and thrive in the finance niche.
Mohit Kumar
Mohit Kumar is a computer science engineer with a specialization in Artificial Intelligence and Machine Learning (AIML). he has honed his expertise in developing sophisticated machine-learning models tailored for the financial sector, exploring various aspects of forecasting and statistical modeling to provide invaluable insights for informed investment decisions in the volatile world of cryptocurrencies.
Sentiment: Buy
The Uniswap is predicted to surge by 21.41% to $11.08 by Jul 09, 2024, though current indicators show a Bullish sentiment with 15 out of 30(50%) green days and a notable -2.06% price volatility over the past month.