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Uniswap moves onwards and upwards as increasing dominance spills into this area

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  • Uniswap’s NFT aggregator registered a sharp uptick in sales volume and active users.
  • Native token UNI jumped by 3.61% at press time.

As per a tweet by crypto analyst firm Messari on 27 January, about $3.3 million worth of NFTs in volume was routed through Uniswap [UNI] in the first month of its launch.


Realistic or not, here’s UNI’s market cap in BTC’s terms


In fact, Uniswap stood in the third position behind Blur and Gem in the NFT aggregators’ market share, data from Dune Analytics showed, thus highlighting its growing dominance.

At the time of writing, Uniswap’s native token exchanged hands at $6.85, which amounted to gains of about 35% in the last 30 days.

Gas rebates driving up adoption?

As per data from DappRadar, key…

Read more…

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