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UNI Price Surges 5%: Defying Token Unlock Sell-Off Fears

Coinedition LogoCoinedition12h ago

UNI Price Surges 5%: Defying Token Unlock Sell-Off Fears - Coinedition

Quick Summary:

The four-year vesting schedule for Uniswap’s UNI token has concluded, releasing all remaining tokens reserved since its 2020 launch.

During its 2020 launch, Uniswap distributed 60% of the one billion minted tokens to community members.

Crypto analysts are closely watching to see how this final unlock will affect the cryptocurrency’s price.

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UNI Price Surges 5%: Defying Token Unlock Sell-Off Fears - Coinedition (Picture 1)

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Article Details

Author / Journalist: Ikemefula Aruogu

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-17 @ 10:00:00 (12 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 142 words

Reading Time: 1 minutes read

Sentences: 49 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 22566119

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 11 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 9 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "UNI Price Surges 5%: Defying Token Unlock Sell-Off Fears" has 142 words across 49 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "UNI Price Surges 5%: Defying Token Unlock Sell-Off Fears" was covered 12 hours ago by Coinedition, a news publisher based in India.

How trustworthy is 'Coinedition' news outlet?

Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 11 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #22566119
  • URL: https://beamstart.com/news/uni-price-surges-5-defying-17265715566623

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