TL;DR:
The crypto market set up for a week of enthusiastic trading, as sentiment switched to more greed. The recent market recovery also pushed investors into attempts at quick gains from decentralized exchanges. Uniswap (UNI) achieved peak fees, but its token price was left struggling. In this market recovery, investors are trying to chase the excitement through the Clandeno (CLD) ICO. The presale sets expectations for 100X gains once the token launches.
Uniswap (UNI) is among the biggest producers of revenues, based on trading and transaction fees. It is the most lucrative app, bringing in close to $550M in fees for the first half of 2024. Uniswap (UNI) also grew its user base, as well as token listings. Uniswap (UNI) benefitted from the Base blockchain, which drove user growth in 2024.
Despite the recent developments, the Uniswap (UNI) token is still under pressure. Even with the market-wide recovery, Uniswap (UNI) only slightly improved, rising to $8.16. Uniswap (UNI) is held and staked, and the protocol supports $5.29B in value locked. For analysts, Uniswap (UNI) may even be undervalued, as its own token is valued at $4.29B.
Uniswap (UNI) also has a relatively low all-time high under $20, with hopes of regaining that position in a new bull cycle. However, Uniswap (UNI) may be pressured by tokens not in circulation, as investors fear pressure from insider selling.
Clandeno (CLD) aims to disrupt a highly liquid industry, by creating a decentralized e-commerce marketplace. Despite the crypto market enthusiasm, some tokens lag due to insufficient liquidity. Clandeno (CLD) aims to still offer a chance for 100X growth, by offering a low entry point during the presale stage.
The Clandeno (CLD) platform will generate 525M tokens, of which most will be unlocked and available to the community. The Clandeno (CLD) project will encourage holding by special perks such as additional flash sales. Staking Clandeno (CLD) will also be an option, with a 36M token pool for staking rewards. The Clandeno (CLD) platform will also offer other incentives, to keep early investors for the long term. All token holders will also gain a share of the platform’s commission fees.
To find out more about the Clandeno presale, visit their website here.
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