UNI token price has increased by 15%

Nov 24, 2023
Over the past 24 hours, the Uniswap token price has increased by 15%. Experts attribute this to the proposal of the governance service provider StableLab to delegate 10 million UNI from the DAO treasury to underrepresented delegates. The delegation proposal is awaiting an on-chain vote.

The prices of other altcoins also increased, including FTT token of the previously bankrupt FTX crypto exchange increased by 10% during the day. BTC gained almost 3% and reached $37.3 thousand.

The LMAX Digital report notes that from a technical point of view, the falls have received exceptionally good support, and the ВТС is preparing for a breakthrough to a new annual maximum of $40 thousand.