Uniswap

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Uniswap and its foundation have no association with the scam as efforts are being made to combat it.

cointelegraph.com

Uniswap scam alert: Fraudsters impersonate executives and create fake website

[PRESS RELEASE – New York, New York, USA, May 29th, 2023]
Memevengers coin ($MMVG) has been gaining attention following a Uniswap listing on May 25th. $MMVG reached a market cap of over $20 Million and a $1 Million trading volume.
The Memevengers coin $MMVG can be traded on Uniswap, where it is paired against WETH. In addition, liquidity for the token is set to increase further when $MMVG lists on MEXC at 10am UTC on May 30th. The team hopes that Memevengers will improve global access to the memecoin and provide interested users with a new opportunity to be a part of the ecosystem as it begins the next leg of its journey.
About Memevengers:
Memevengers $MMVG(ETH) is a memecoin that represents the War of Memes. The Final War that will Change the Destiny of Memes Unfolds. Crushing Villains and Preserving Peace.
Memevengers are the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
The post Memevengers (MMVG) Lists on MEXC Following Uniswap Deployment appeared first on CryptoPotato.

[PRESS RELEASE &#8211; New York, New York, USA, May 29th, 2023] Memevengers coin ($MMVG) has been gaining attention following a Uniswap listing on May 25th. $MMVG reached a market cap of over $20 Million and a $1 Million trading volume. The Memevengers coin $MMVG can be traded on Uniswap, where i...

cryptopotato.com

Memevengers (MMVG) Lists on MEXC Following Uniswap Deployment

The price of Uniswap, the largest decentralized exchange by trading volume, is down roughly 35% from Q1 2023 peaks. Even so, on-chain data from Etherscan shows that there has been a steady increase in the number of UNI holders in the past two days.
As of May 13, there were 369,646 UNI holders. Since then, the number has increased to over 370,100 as of May 26. During this time, UNI prices have remained stable but relatively high.

Based on the UNIUSDT chart, the prices have found support around $4.9. However, prices have increased by approximately 10% over the past two weeks, rising to $5.4. Although the number of UNI holders may not directly affect the prices, there is a clear correlation between the demand for UNI and the increase in token prices.

Several factors could have provided tailwinds for UNI, the governance token of Uniswap. 
Apple Jail Break
On May 23, Uniswap’s mobile wallet was released from what Uniswap Labs, the team maintaining Uniswap, said was “Apple jail.” 
With this jailbreak, users can download the Uniswap Wallet, that’s non-custodial like MetaMask. 
Through this wallet, users can buy and sell various supported cryptocurrencies. 
This announcement is bullish because as more users opt for Uniswap Wallet, the demand for the decentralized exchange could rise, increasing its dominance and stature. 
While MetaMask remains the most dominant Ethereum and Ethereum Virtual Machine (EVM) wallet enabling the storing and trading of various tokens, even using processors like PayPal, the popularity of Uniswap could see Uniswap Wallet gnaw market share. 
Presently, Uniswap Labs said their wallet could support the trading of tokens across Ethereum, Polygon, Optimism, and Arbitrum.
Uniswap To Launch On Base?
Earlier on, the Uniswap contributors proposed the deployment of the DEX v3 on Coinbase’s Base. 
Among supporters of this proposal is GFX Labs, one of the largest UNI holders and supporters of Uniswap’s expansion to other chains. Recently, GFX Labs voted for the launch of the DEX on BNB Smart Chain (BSC) and MoonBeam. 
Even so, before voting starts, the proposal will undergo a “temperature check-up” to gauge community support. If there is majority support, it will proceed to the next step.
Uniswap v3 is the latest iteration of the DEX, introducing the concept of concentrated liquidity for higher capital efficiency and more return on investment (ROI) for liquidity providers. 
Base is a layer-2, open-source, and EVM-compatible platform by Coinbase, one of the largest cryptocurrency exchanges.

It is unclear whether the above-spurred demand for UNI, pushed the number of holders higher in the last week.  However, this could suggest that the project is generating interest, which may support future token prices.



The price of Uniswap, the largest decentralized exchange by trading volume, is down roughly 35% from Q1 2023 peaks. Even so, on-chain data from Etherscan shows that there has been a steady increase in the number of UNI holders in the past two days. As of May 13, there were 369,646 UNI holders. Si...

newsbtc.com

Why This Signal Means Uniswap’s Bear Run Is Almost Over


Meme coins are back with a bang in 2023, led by the remarkable recent successes of Pepe Coin, Wojak, and Turbo.



However, there’s now a new frontrunner in the space, with Copium ($COPIUM) rocketing by 800% when it was listed on Uniswap yesterday.



Although this exponential price increase has caught traders’ attention worldwide, many believe it’s just the start for Copium – presenting an excellent opportunity for those who missed the boat on other successful meme projects.



Copium Launch Is Instant Success as Price Explodes



The $COPIUM token was launched on Uniswap yesterday, marking a significant moment in the project’s roadmap.



Within five hours, the token’s value had soared to $0.0162 – 800% higher than the price it launched at.



Although the price has pulled back slightly from that point, investors now believe that $COPIUM is gearing up for another bullish surge, given the minor support level formed around $0.0070.



Investors appear to be using this support level as a launchpad for the $COPIUM price, with the upward momentum beginning to gather pace at the time of writing.



Per DEXTools.io, over $41 million worth of $COPIUM has been traded already – all within less than 24 hours of the token going live.







In addition, there are now over 2,100 $COPIUM holders, highlighting the rapidly-growing buzz around the token.



The incredible start to life for $COPIUM has captured the investment community’s attention, with over 16,000 people following the project’s official Twitter account.



This account is already retweeting statements from leading crypto influencers. moonpie666, who boasts nearly 21,000 followers, has been urging her followers to “cope harder” and posting Copium-themed images.



VonDoom.eth, a well-known crypto and NFT investor with nearly 190,000 followers, also tweeted about Copium, asking his followers, “Are you coping?”.



The growing support from prominent influencers like these is a testament to the widespread excitement and belief in $COPIUM – solidifying its position as a project to watch closely.



Visit Copium Website



Thoughtful $COPIUM Presale Strategy Sets Stage for Long-Term Growth



But why is $COPIUM receiving so much attention from retail traders and crypto influencers?



One of the main reasons is the Copium project’s unique presale setup, which was structured more like a “private sale.”



This invite-only event was made up of just 200 people, each allowed a maximum investment of just 1 ETH. 



By taking this approach, Copium’s creators ensured that the $COPIUM supply wasn’t concentrated in the hands of just a few people – which can often lead to price manipulation once listed on exchanges.







Not only that, but Copium’s team has also implemented a vesting period whereby only 10% of the tokens purchased during the presale were immediately unlocked upon the token’s listing.



The remaining 90% of presale investors’ tokens will be unlocked linearly over the next three weeks, encouraging these investors to hold their tokens and eradicating the possibility of a dreaded “rug pull.”



Some big players involved in the Copium Club presale phase were FaZe Banks, who has over 2.8 million followers on Twitter, and Cozomo de’ Medici, a prominent NFT investor boasting more than 289,000 Twitter followers.



Support from these prestigious names has already piqued the attention of the masses, with over 1,700 people opting to join the official Copium Telegram channel to learn more about the project’s plans.  



Copium’s Creators Harness the Power of NFTs with Unique Drop Mechanism



Another reason the investment community is so hyped about Copium is its unique non-fungible token (NFT) drop mechanism – a mechanism never seen before in the crypto market.



The NFT sector is seeing a resurgence in 2023, with CoinGecko reporting that over $1.9 billion worth of these digital assets were traded in February alone.



This resurgence is being fuelled by several factors, including the rise of “Bitcoin Ordinals” and Elon Musk’s recent Twitter escapades, which have prompted colossal interest in the Milady Maker collection.



Copium’s team has recognized this growing trend and facilitated an NFT drop just two hours after the token’s launch on Uniswap.



The top 200 $COPIUM holders at the two-hour mark were highlighted in a “snapshot” on Twitter – with all 200 receiving an NFT featuring a “Copium tank.”







This tank featured 20 “tiers” that fill up based on the number of $COPIUM tokens the holder has – the more $COPIUM they own, the fuller the tank.



NFT holders have two weeks to fill up their tank as much as possible; after these two weeks, holders will be eligible for an additional airdrop of $COPIUM tokens based on how full their tank is.



A total of 10 million $COPIUM tokens have been set aside for this airdrop, amounting to 1% of the entire supply.



This innovative NFT drop mechanism introduced by Copium capitalizes on the booming NFT sector and incentivizes token holders to accumulate more $COPIUM – actively fuelling the token’s price growth.



All in all, as $COPIUM’s price continues to gain momentum, the community eagerly anticipates what’s next for the token – envisioning new highs and a transformative impact on the meme coin landscape.



Visit Copium Website
The post Trending Meme Coin $COPIUM Pumps 800% Following Uniswap Listing appeared first on BeInCrypto.


Meme coins are back with a bang in 2023, led by the remarkable recent successes of Pepe Coin, Wojak, and Turbo. However, there’s now a new frontrunner in the space, with Copium ($COPIUM) rocketing by 800% when it was listed on Uniswap yesterday. Although this exponential price increase has caught...

beincrypto.com

Trending Meme Coin $COPIUM Pumps 800% Following Uniswap Listing

Uniswap Labs, a leading decentralized finance (DeFi) platform, has recently conducted a survey to understand the motivations and barriers of US-based retail users towards DeFi. The survey received 1,860 responses, including non-crypto, centralized finance (CeFi), and DeFi users.
The survey revealed that despite the bear market backdrop, nearly half of CeFi users expressed an interest in experimenting with DeFi protocols in the next 12 months. This finding is encouraging as it indicates a growing interest in DeFi among traditional finance users, who are willing to learn and explore the possibilities of on-chain activity.

 Uniswap Survey Points to A Shift from CeFi To DeFi
However, the survey also highlighted that complexity, lack of understanding, and costs are the main barriers preventing CeFi users from using DeFi platforms for all their cryptocurrency trades. This finding underscores the importance of providing educational material, improved user experience, and support to overcome the learning curve associated with DeFi. But how is Uniswap Labs simplifying DeFi for CeFi users?

Seamless User Interface: Uniswap Labs has a user-friendly interface that allows users to easily navigate the platform and execute trades with a few clicks. This contrasts traditional DeFi platforms, which can be overwhelming for new users.
Automated Market Making (AMM): Uniswap Labs uses an AMM system that eliminates the need for order books and allows users to easily swap tokens at a fair market price, simplifying the trading process and eliminating the need for users to understand complex trading concepts.
Self-Custody: Uniswap Labs strongly emphasizes self-custody, meaning users have complete control over their assets and do not rely on centralized custodians. While this may seem daunting initially, Uniswap Labs provides educational resources and support to help users understand the benefits of self-custody.

With this, Uniswap Labs, which builds products to onboard people directly to DeFi, aims to bridge the gap between CeFi and DeFi by focusing on UX and considering the first steps as a gateway into the broader crypto ecosystem. By doing so, Uniswap Labs seeks to provide CeFi users with a more transparent, self-custodial, and publicly verifiable alternative to centralized finance platforms that often lack accountability and transparency.

Transaction Fees And Costs Identified As Biggest Barriers
Transaction fees and costs were also identified as notable barriers to entry. However, as Ethereum continues to scale and layer 2 solutions see greater adoption, DeFi will become more economically accessible for price-sensitive users, according to Uniswap’s blog post.
The survey also revealed that better educational resources and increased user support would increase willingness among CeFi users to trade on DeFi platforms. Products targeting this CeFi segment have already invested in these educational resources. Uniswap Labs has assembled one of the few customer support teams in crypto, considered one of the best in the industry.

For this, Uniswap Labs is exploring layer 2 scaling solutions that will significantly reduce transaction fees and increase the speed of transactions. This will make DeFi more economically accessible and user-friendly for price-sensitive users.

Overall, Uniswap Labs’ survey sheds light on the motivations and barriers of US-based retail users towards DeFi. The platform aims to simplify and abstract the complexities unique to crypto without compromising on the ideals of self-custody and transparency. As the industry continues to grow, it is important to prioritize user education and support to help users build their knowledge base and grow their confidence.

Featured image from iStock, chart from TradingView.com 


Uniswap Labs, a leading decentralized finance (DeFi) platform, has recently conducted a survey to understand the motivations and barriers of US-based retail users towards DeFi. The survey received 1,860 responses, including non-crypto, centralized finance (CeFi), and DeFi users. The survey reveal...

Uniswap price	$5.09
Low - High 24H	$5.04 - $5.10
Market cap	$3.84B
Volume 24H	$21.97M
All time high	$44.92 -88.66% May 3rd 2021
All time low	$1.03 394.42% September 17th 2020
Genesis date	N/A

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